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Economic Tragedy That Everyone Saw Coming Is Now Unfolding In Europe... EURUSD Cracks To 3-Month Lows Below 1.30
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[quote:Anonymous Coward 1263824:MV8yMTU0NzAzXzM2NDIyNjgxXzQyRTJCOTY4] [quote:Anonymous Coward 1263824:MV8yMTU0NzAzXzM2NDIyNTczXzI5MzI3QUQy] [quote:Useless Cookie Eater:MV8yMTU0NzAzXzM2NDIyNTI4X0MzOTc1NzFG] [quote:Anonymous Coward 1263824:MV8yMTU0NzAzXzM2NDIyNDcyXzVGRjcyMDcz] [quote:Useless Cookie Eater:MV8yMTU0NzAzXzM2NDIyMjYzXzM1NjY1RDE2] [quote:Dom Diputs:MV8yMTU0NzAzXzM2NDIyMTEyX0Y2NjQ1MUU=] [quote:Unixlike:MV8yMTU0NzAzXzM2NDIyMDMzXzRCOTU3RDNE] [quote:Saddletramp:MV8yMTU0NzAzXzM2NDIxNzU2XzdBNUY5NzVG] While being well versed in Economic issues I must admit I haven't had much time for European research as of late... What does everyone think Germany will do about the further sale of ECB bonds?!?!? Personally I think they will end up blocking any further printing by the ECB, but my main reasoning behind that is because, I think the time they have chosen for the collapse is upon us... But I'd like any opinions on the subject... [/quote] Many believe that in the end Germany will do anything to keep the euro alive because if it falls apart and the individual countries go back to their old currencies then Germany, with a very strong currency would be in trouble against all the other European currencies. Germany's export market would crumble. As much as Germany doesn't want to, they'll do everything they can to keep the EU together because that is cheaper than letting it collapse. I don't know if this is true, but that seems to be a popular sentiment. [/quote] You know, I have a hard time believing that the European country with the strongest work ethic, most productive workforce, and most significant manufacturing base would have a hard time in a post-Euro currency world. [/quote] Germany would be happy to be released from the bondage chains of the EU and it's EURO. It does nothing except cost them money and drag them down. Anyone thinking Germany wants to save the EURO is kidding themselves. Proof.........2 examples of many stories. [b]Germany Is Already Printing Money - Deutsche Marks[/b] http://seekingalpha.com/article/302290-germany-is-already-printing-money-deutsche-marks [b]Who Needs the Euro When You Can Pay With Deutsche Marks? [/b] http://online.wsj.com/article/SB10001424052702304373804577520930784840596.html [/quote] why would Germany do that, when the rest of the World is in a state of Gold Rush? What does Germany know that the World doesnot? [/quote] I just explained why Germany would do that. Taxpayers are sick and tired of bailing out the EU...and the EU being a drag on their economy. Germany would be doing very well without the drag of the EU. Germany knows the EU is going to fail....and they printed up more old trusty Deutschmarks for when it does collapse. [/quote] We willnot be using gold? [/quote] or are you saying weare going back on the gold standard, and all these dollars the Federal Reserve is stamping out is the equivalent of the gold we own, or are you saying wewill be, not on the gold standard, but on the "petro" standard?- and thatis why we havebeen killing everybody to get ther oil? Why am i shaking? [/quote]
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Business Insider‏@businessinsider
The Markets Are Crumbling, As Pile Of Bad Is Too Much To Handle [
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