Euro Breakup Talk Increases as Germany Loses Its Currency Proxy

Sir_Humphrey

Remember that the Germans were criticising Keynesianism at the same time as giving a fiscal boost larger than that administered by Gordon Brown. Her party has also just lost some important regional elections.

The inability of financial types to understand politics astounds me (I can already predict Generali's riposte).

jonewer

I think australia should pull out of the euro, their spin attack just isnt the same since warney left.

michaels

Those who venerate the German / Chinese economic model could think on the fact that it would be impossible for them to run their economies with output exceeding consumption without other countries doing the opposite - why is it that the borrowers model is seen as unsustainable but the lenders opposite side of the same coin is seen as virtuous?

Generali

Sir_Humphrey wrote: »

Remember that the Germans were criticising Keynesianism at the same time as giving a fiscal boost larger than that administered by Gordon Brown. Her party has also just lost some important regional elections.

The inability of financial types to understand politics astounds me (I can already predict Generali's riposte).

Off you go then, save me the trouble.

Degenerate

shane42 wrote: »

i think Germany should leave the Euro they would be better of with out it

They would now, as it's becoming more trouble than it's worth.

It's worth noting though, that the loss of competitiveness the Euro has caused in the southern states has been to the benefit of Germany.