As the Euro Zone countries are all gradually down graded the affect will be felt by the lack of confidence that other non-euro countries will not invest in that country. The knock on effect is even more revealing as countries down graded that have at one time borrowed at the most advantageous rates of interest, will have to pay more and this will put a greater pressure on their ability to make repayment of their debt.
This will eventual lead to a bond melt down and will with in the next 6 months lead to a number of poorer Euro Zone countries leaving and decamping to other currencies, leaving the richer ones to their own devices.
Read the Article at HuffingtonPost
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