Every since the Brexit voting took place, expert shave been wondering what will happen to the Euro. A separation between the UK and EU is good for neither national currency by any means. But whereas the Pound Sterling dropped in value, the Euro has been rather bullish. That is not enough to convince one expert, though, as he feels the Euro will disappear in five years.
It is not the first time financial experts question the validity of the Euro. Ever since its creation, there has been a large following of people who are against this currency. Despite a lot of problems, the Euro has held its own for the most part and is even showing signs of bullish behavior as of late.
But according to Jim Mellon, that situation will not last much longer. Some people may recall his name, as the was one of the very few public backers of the Brexit. In his opinion, the Euro will cease to exist within five years from now. Growing anti-establishment campaigns will force the European Union to break up, collapsing this unified currency.
Political factors will play an integral part in the longevity of the European Union. The recent
Read more ... source: NewsBTC USA
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