With the US bowing out of China's neomercantilism, the giant sucking sound out of China is getting steadily louder here in the EU. Euro is doing well thanks to accelerated Chinese currency manipulation, but our industry is getting fucked even harder than usual though.
The Euro exchange rate should be far far lower, which would suck if you have a job, but not so much for people in debt who are getting fired. The economic impact of a bombing Euro would also force some very necessary poltical realism on the EU, because it hits everyone and not just the people losing their job.