The Euro will probably have an acrimonious (but not war-starting) collapse. Italy seems likely to self-eject first, then Spain, and possibly a cascade effect. However, this is the succeeding framework I propose. It remains to be seen if it happens like this. If the Euro makes it through this recession, it should last many decades.
Belgium (BOTH PARTS) to have its own currency - Luxembourg to share it.
Britain, Iceland, Norway and Sweden to keep their currencies.
Ireland: Punt.
Countries near Germany and integrated with it can keep "the Euro" as it is controlled by Frankfurt.: Netherlands, Austria, Czech Rep., Slovakia, Kosovo, Montenegro, Denmark?, Finland?, Poland? most of the territories of Das Reich, in fachkt!
Italy, Spain, Portugal and Greece to return to their own currencies.
France and Monaco are anybody's guess. They might get away with staying in.
Perhaps Slovenia should split off with Italy instead of Germany, but this would probably mean regular devaluations by the government in Rome, even when they are unnecessary.
