ECB chief calls euro zone 'unsustainable'

Now, what news on the Rialto?
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AzariLoveIran

ECB chief calls euro zone 'unsustainable'

Post by AzariLoveIran »

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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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Mr. Perfect
Posts: 16973
Joined: Mon Dec 12, 2011 9:35 am

Re: ECB chief calls euro zone 'unsustainable'

Post by Mr. Perfect »

All good news Az, that much quicker until Tehran controls the continent.
Censorship isn't necessary
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