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http://www.washingtonpost.com/business/ ... story.html
looks , Germany might exit Euro
that way
all others could stay in Euro, inflate, wipe out what they owe
Germany can go back to "Deutsch Mark"
result will be
Euro relation to US Dollars and other currencies will stay as it is
"Deutsch Mark" will soar .. say 1 DM = 2 Euro = 3 US Dollars
leading to German goods becoming much more expensive, slowing down German economy
looks, that might be the outcome .. probably that is what the Germans were thinking from the beginning .. that is why they did not agree for a "Euro Bond"
Basically, German economy decoupling from European economy
down the road .. resentment and war could be the result
Germany is against European foreign policy
France, Hollande, wants military intervention in Syria, , Germany vehemently against it , was same with Libya and different German policy towards Iran
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ECB chief calls euro zone 'unsustainable'
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Re: ECB chief calls euro zone 'unsustainable'
All good news Az, that much quicker until Tehran controls the continent.
Censorship isn't necessary