Rebirth: Super Banking System Chapter 2554 - 2392: Italy Plans to Leave the Eurozone

March.

Just like in previous years—full of buzz!

Subscription.

World Union.

Water release.

Gold.

Forbes.

Rocket.

...

Eastern headlines claim half the world's top trends. The remaining half unfolds in the Eurozone, where the Euro's slump refuses to let up.

On the contrary.

It's deteriorating further.

Drop!

Rise.

Drop!

...

Up and down it goes, barely hanging on. Were that the extent of it, balance might hold. Yet the real issue lies with Eurozone nations' people—they've reached their limit.

Wealth slashed in half.

How to survive?

Prices soar while wages stagnate; many had no savings left, and now halved, these harsh times drag on endlessly.

How much more can they take?

Protests.

March.

Demonstrations.

Streets across Eurozone countries fill with daily unrest and ongoing clashes. Plus, media reveals how various nations exploit the Eurozone's woes.

"We must curb it—stop foreign firms from exploiting us; it's utterly despicable."

"Boycott."

"Immoral capitalists selling off so freely, even to African companies. Joining the Eurozone has eroded national identities."

"It's a horrifying reality."

"Disband."

"Split up."

"..."

Masses rage across the region, demanding separation—they're finished with it.

After all.

Staying in the Eurozone lets outsiders keep harvesting gains unchecked. Dissolving it hands currency control back to individual nations, a game-changer.

Hence.

Demands to disband surge in relentless waves.

...

Eurozone.

Meetings once held monthly now occur every two or three days, with leaders assembling in heated debates. Past blunders had plunged them deeper into crisis.

As a result.

They've grown overly wary, fueling discontent among certain nations.

"The Asia Dollar keeps pumping out funds, driving Euro capital to flee once more. Loads of our enterprises have fallen into African capital's hands."

"Speak up."

"What now?"

"Huh?"

"Those ex-backward folks, once our doormats, are now snapping up our industries. Without a halt, I'm out."

"..."

Italy's delegate bellowed fiercely.

Shared prosperity.

But.

Shared suffering?

No thanks.

Italy wants no part; absent stronger actions, their government risks ousting like France's, not by choice but by public fury.

"Why not limit Euro-foreign currency trades?" one proposed.

"..."

This idiotic idea drew zero interest.

Euro.

Losing free convertibility would spell disaster. Nobody craves entrapment without exit options. Even the Asia Dollar avoids that.

Indeed.

The Asia Dollar imposes financial controls.

However.

These only bar inflows to Myanmar's markets. Asia Dollars in other nations trade freely, with no curbs from Myanmar's central bank.

Thus.

Such a move for the Euro equals self-sabotage.

Be it blocking Euro-Asia Dollar swaps or halting foreign buyouts of local firms, either would intensify the mess.

Impossible to handle.

Totally off-limits.

So.

The day dragged on in quarrels, ending with Italy's rep pounding the table and storming out.

...

March 23 as well.

At last.

Italy refused to wait passively, declaring publicly: a referendum on exiting the Eurozone. This bombshell seized all Eurozone media attention.

"Italy aiming to bail?"

"God."

"Is the Euro truly doomed? Started with eleven nations, now at ten after Portugal's exit, Italy gone leaves eight."

"Euro in peril!"

"..."

Nations reeled in shock; Italy ranks as a Eurozone heavyweight, just shy of France and Germany in clout. An official referendum announcement to leave stunned everyone.

Yet.

In Italy, jubilation erupted everywhere.

Citizens flooded streets, cheering triumphantly, yearning for Italy to reclaim currency sovereignty and escape the Euro's sinking ship.

Inevitable.

Conditions are dire; non-Euro EU states retain monetary independence, thriving stably with currencies even appreciating slightly.

By contrast.

Those shackled to the Euro face utter peril.

Shared glory works.

Joint misery doesn't.

If their currency tanks alone, they own the fault. But this collective drag-down is unbearable.

Refusing to persist.

Now.

Reflection spreads widely: the Euro's blueprint shines in theory, but crises expose how it sinks all together.

Thrives united.

Fails as one.

Besides.

Merely a decade old, and crises this severe erupt; persisting piles on greater dangers.

Dissolution cries echo endlessly.

...

Right at this instant.

The French and German factions are seething with rage. The Euro hasn't even collapsed completely, and you're bailing out at this critical juncture, straight-up aiming to snuff out the Euro's very existence.

"Fool."

"Zero loyalty to the alliance, utterly despicable."

"Damn it."

"..."

A few folks began hurling curses; such devastating news was bound to roil the Euro's exchange rate. And sure enough, the moment it broke, the Euro plunged even deeper.

Eleven nations.

Shrinking to eight.

Nobody saw Italy pulling off such a bold move. Fortunately, most investors had braced themselves, avoiding excessive leverage and holding firm on their stakes.

Failing that.

The damages would've been devastating.

Forcing Italy to reverse this decision now? Utterly impossible. Once spoken, words can't be taken back like poured water; Italy's position stands rock-solid.

From here on.

Even without a full departure, it's tough to prove they weren't pressured into it.

...

One week passed.

Referendum held.

The outcome shocked no one: an overwhelming yes to exit, positioning Italy as the third nation kicking off the departure procedure. Greece led the way, having already pulled it off.

At present.

Thanks to its timely breakout, Greece has unexpectedly turned into a 'prime example' for leaving, with its former 400 billion Euro debt now halved by the exchange rate drop.

Still on the hook for 400 billion Euros.

Yet.

The burden has slashed by almost half, since they can swap new Greek currency for the full original Euro sum. Such massive debt forgiveness.

Truly staggering.

Repayment strain lightened in a flash. Why would anyone trade Euros for Greek currency? Simple: convert to Asia Dollar first.

Clutching Asia Dollars.

Makes it a breeze for Greece to get Euros back, with plenty eager to swap.

This slash.

Tortures the hearts of Eurozone members—so ruthlessly savage, not just grabbing their assets but propping up Greece to bleed Euros dry, slice by slice.

Pain!

Chest-wrenching agony.

Brain throbs too.

Yet no counter exists; their strategy is airtight. Even spotting Myanmar's sly tricks, they can't halt it—all perfectly legit and above board.

Watching this unfold, numerous Eurozone nations grow enticed, as early withdrawal lets them snag some gains, slashing hefty debts.

The longer they wait.

The slimmer the rewards get.