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Former UK Foreign Secretary Jack Straw Says "Let The Euro Collapse Quickly"

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posted on Jun, 20 2011 @ 08:40 PM

The former British Foreign Secretary (same position as Secretary of State in USA) says that the Eurozone should allow the Euro to collapse quickly rather than letting it die a slow death.

He has said in the English Parliament, on the record, that the collapse of the Euro is inevitable and that a quick demise would be preferable to a slow collapse.

He has also said that the UK should make preparations in order to deal with a post Euro Europe, or find alternatives for trade very quickly.

Several British MPs are calling for Greece to be allowed to leave the European Union and to be allowed to default on their debts to hasten the collapse.

A Conservative MP said that Greece should be "put out of its misery" and other MPs are calling for an "orderly departure from the Eurozone".

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