Who will blink first: Greece or Germany? Or will both sides put Europe into a tailspin?
I genuinely believe that even if Greece wanted to abandon the euro and leave the EU they would NOt be allowed. Angela Merkel made two very interesting comments recently. The first, "there is no EU without the euro". The second, "Europeans should not take peace for granted". The latter sounded like some kind of a veiled threat while the first one confused me as not all EU members are part of the Euro. I believe that the ground swell of resistence to all things "EU" and Frankfort could result in extremist politicians coming on the scene and Greece is also proving this point. It's also happening in The UK and Holland. Minority parties now seem to say what people want to hear so I believe German will back off and the ECB will step in to buy Government Bonds across Europe. They need to hide the massive bank insolvency across Europe and the collapse of the Euro could cause huge losses for very powerful elites in Europe. Remember all this is a political power grab not a economic abmition. Thats my 2cents
by RighterOne 7 years ago
How do you expect the Fiscal Crisis of the Euro to end?And do you think that the US and China are doomed to follow the same fate?
by CMHypno 8 years ago
With anti-German feeling already high on the streets of Greece, is there trouble ahead? Should Greece cut free of the EU, return to the drachma, devalue and become more competitive? Is this 'one size fits all' economic policy based on what works for Germany even possible for all the...
by DowntroddenInDC 8 years ago
Who do you think will bail on the Euro first, Germany or Greece?
by Ari Lamstein 8 years ago
Should Germany leave the Euro?There's all this talk about Greece leaving (being "kicked out") of the Euro because of their financial difficulties. But it seems to me that Germany is being asked to make a large financial sacrifice on behalf of poorer member states (e.g., pay for them...
by Holle Abee 10 years ago
WHY are we helping to bail out Greece when we're broke? I mean, I feel sorry for the Greek citizens, but can we really afford this right now?
by Dave McClure 8 years ago
Greek Prime Minister George Papandreou has decided that the Greek people should be asked whether or not to accept the rescue package negotiated by the Eurozone leaders. The 'rescue' package, of course, came with strings attached: further austerity measures for a people already suffering. And...
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