Quote Originally Posted by Tellos Athenaios View Post
@Philip: government collapse is a bit of a strong word for what happened in the Netherlands. To have something collapse you first need it to be in some shape or form that can actually collapse. The Dutch government never was in such shape or form, and the Euro does not have anything to do with that.
Yes collapse is a bit strong, but it still represents a worse situation than even the debt deadlock in the US. Kage wants to paint the EU as economically stronger than the US - but the EU lacks a central government to make sure debts etc. are paid when a State's government breaks down.

It doesn't directly have anything to do with the Euro (although Wilders walked out over FU) but it contributes to the argument that the Euro area is weak politically.