France and Germany plot smaller Euro(fun)Zone

[katty]

(hey, let's form a new club to get out of debt)

more:
http://www.reuters.com/article/2011/11/09/us-eurozone-future-sarkozy-idUSTRE7A85VV20111109

Reuters) - German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller euro zone, EU sources say.

[Warpy]

1. That will be the likeliest outcome, IMO

with austerity the price for remaining in the zone. The Spanish might accept that, the Greeks likely will not and the Italians are a tossup.

[southernyankeebelle]

2. Those Italians just love to have fun. Don't worry - be happy.

[DonCoquixote]

3. all hail

The new Fourth Reich!

[applegrove]

4. I read somewhere they might have two types of euros One for poor countries. One for rich.

It really doesn't work if poor places use a very rich places money. Look at alabama!