Who will blink first: Greece or Germany? Or will both sides put Europe into a t

  1. tipstoretireearly profile image79
    tipstoretireearlyposted 11 years ago

    Who will blink first: Greece or Germany?  Or will both sides put Europe into a tailspin?

  2. profile image60
    Virtually Boredposted 11 years ago

    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

    1. tipstoretireearly profile image79
      tipstoretireearlyposted 11 years agoin reply to this

      The possibility of extremist politicians gaining power due to the crises is worrisome.  Thanks for sharing your view!

 
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