The failure and collapse of the Euro zone will result in the rise of the nation state (statism) once again. It will be every country for themselves and all those who thought about forming unions of cooperation will certainly now think twice.

Having said that more competition among nations isn’t necessarily a bad thing if you exclude corporate espionage, wars over resources and capital. But here is where it will get really interesting, the individual citizen (intellectual property or capital) will stand to benefit as a result of this move since they are the engines of the new innovation economy of the future.

And therefore whichever country invests more in developing this resource pool will be in a much stronger competitive advantage in tomorrows economy.