There is a risk that Japan, China, and the US will not sit on their hands while the euro loses value, with the world possibly even sliding into a currency war. Moreover, the southern EU countries, instead of leaving prices unchanged, could abandon austerity and issue an ever greater volume of new bonds to stimulate the economy.
有一个风险是日本、中国和美国不会坐视欧元贬值，世界甚至有可能滑向货币战争。此外，欧盟南方国家可能不让价格维持不变，而是放弃紧缩，发行更大量的新债券刺激经济。竞争力的提高和再平衡将无法实现，欧元区在经历最初的回光返照后将回归持久危机模式。最终，完全失去信誉的欧元将在一片狼藉中寿终正寝。