Germany Starts printing Deutchmarks

robert2011

Germany is planing to leave the European currency . Indications and reports today state that they are now printing Deutchmarks for an iminent deperture from the Euro. What will the implications be for investors in the Euro ?
For a start anyone with Euros in cash exchange them now into pounds,stocks and shares will also take a nosedive the experts predict. The Euro value will be recalibrated at around 1.60 euros to the pound.
For property holders in the Euro zone will be hard hit also.
But this revaluation of the euro will atract new investment into a debt riden zero growth area .

robert2011

Latest reports today state that Germany has started printing Deutchmarks, this indicates that Germany is poised to leave the Euro soon.

What will be the implications of this for investors ?

martinthebandit

Hmmmm latest reports where exactly?

talexuser

martinthebandit wrote: »

Hmmmm latest reports where exactly?

Conspiracy Theory Monthly?

robert2011

RT television confirmed that a senior financial figure Philipa 2nd name gone said that the German goverment has instructed new printing of the Deutchmark.

Google germany start printing deutchmark ! no conspiracy my friend its Necessity

lynzpower

Do you mean...

The Deutsche Mark may be back in print if a recent prediction by Dr Pippa Malmgren, President of Principalis Asset Management, is anything to go by.

On her website, Pippa predicted that there will be an announcement made by the Germans on the re-introduction of the Deutsche Mark, which she believes has already been ordered with the printing presses being told to “hurry up“.

This news will do little to please Angela Merkel, the German Chancellor, who is publicly saying we should not be talking negatively about the European financial crisis.

So, if Dr Malmgren’s prediction is correct, then one of two things can be deduced; firstly Merkel is keeping a very close secret or she is unaware of any provision or plan to re-introduce the Deutsche Mark, so I suppose the former is the more likely scenario.

Any reintroduction of the Deutsche Mark would of course mean abandoning the Euro and that would not be good news for the European Union seeing as the region’s golden goose, Germany, would now be laying free range, economic protectionist eggs.

It would spell the end of the EU experiment and the Euro, so to keep Germany on board there will need to be huge offer on the table to appease the German people.


Read more: http://www.economicvoice.com/deutsche-mark-back-in-print/50024281#ixzz1ZvyQEXzt

oldtoolie

Pippa Malmgren is a person who, almost certainly writes her own Wikipedia entry. http://en.wikipedia.org/wiki/Philippa_Malmgren

vax2002

There is only so long you can carry those who refuse to walk.

lvader

This would actually good for the rest of Europe that badly needs the Euro to be devalued and really bad for Germany as their huge debt would baloon in value. Could damage German exports as well.

pqrdef

The Italians are probably printing trillion-lire notes.

Biggles

robert2011 wrote: »

RT television confirmed that a senior financial figure Philipa 2nd name gone said that the German goverment has instructed new printing of the Deutchmark.

Surely only one thread is needed, Robert? Especially as it seems to merely be a pronouncement by a pundit, not a fact as you suggest.