Discussion in 'Wall St. News' started by Ivanovich, May 12, 2010.
without germany there is no euro
I'm just wondering how much science fiction is in there
with your handle u should have recognized the debasement of currencies a long time ago and followed through by buying physical gold..
I think the EU plans to dissolve fiscal autonomy of member states, consolidate taxing, monetary and budgetary authority under a centralized financial-wing, and re-emerge to fulfill it's ultimate goal - a SuperState.
It will all boil down to politics, IMO. Does anyone have a grasp on how this issue sits politically in German and France?
I have no clue, but if the voters start getting restless about bailing out the Mediterranean welfare states, then it could happen.
wait a minute alex.
we will not fall for that here in europe.
better stick your analysis to texas and neighboring regions, ok!
Zerohedge AND Kitco? Why not throw in "UFO Conspiracy Theorist Monthly" to round off the trifecta of credible sources
Is that what he says? Apparently, you're a bigger fan than me.
ECB now monetizes eurozone sovereign debt. Next step? Put the offenders on a tight leash. Greece didn't like it either. Tough luck. You think Germany and France will sit idly by and let the PIIGS continue to spend their money?
Deutsche bank has about 10 Billion Euro's in deposit in my European country.
What would happen to it should Germany exit the Euro?
Interesting question. If they did, the Europe Zone would be left with Britain and the Pound, Germany and the DM.. + all of the weaker economies in the Euro.
What do you call it when all of the weaklings band together??
Separate names with a comma.