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    bringing this back on topic,reflecting on the origanal question what would the conciqences be.my intial thoughts would be asked by two questions.

    1,if the eu collapses,would this bankrupt the 27 member states.
    2,if so would the credit ratings for the 27 member states be down graded.

    so in concluesion if the 27 member states are bankrupted it would add years of repair work for ex members.
    my understanding of bankruptcy is that all crediters will be paid of at a percentage over a number of years.
    may be barryw could clear these points up,[in plian english please barry].
    i hope this is plain enough for you to understand barry.

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