Germany Starts printing Deutchmarks

JohalaReewi

Hmmmm.
Not much about this elsewhere.

ses6jwg

Do you have a source for this nonsense?

Reaper

robert2011 wrote: »

Germany is planing to leave the European currency .

That's a bold statement of fact on a major issue to make without any evidence. Care to share your sources?

If the Euro were to break up I always thought the only way it could happen would be for Germany and France to exit, not the weaker countries. However on CNBC I see they are claiming it would cost every German citizen 8,000 Euros, not to mention they would lose out on an undervalued currency which has made them close to being the world's top exporter, so their economy woudl suffer for ever more.

So although I think it not a bad idea I think this is idle gossip unless you can come up with some links to proper news or financial channels that say otherwise.

chris_m

robert2011 wrote: »

Germany ...

Why not continue the previous thread you started on this?

talexuser

chris_m wrote: »

Why not continue the previous thread you started on this?

because it was well debunked there :rotfl:

dealer_wins

Im printing "goose pounds" and will be ditching the pound soon. Well im not really but neither is Germany about to ditch the Euro

stevepas

There is mention of this on the Keiser Report episode 192 at about the 3 minute mark
Philippa Malmgren,
(I think she is a senior advisor to the board of the deutschebank) is quoted saying they are printing it.

(unfortunately as a new user I cannot yet post the link for the clip)

I asked myself the following questions after seeing this clip.
Has she got it wrong?
Could she profit from saying something like this?
Is she so far up the ladder the rarified air has made her loose her marbles?
Has someone set her up, maybe she really didn't say it or has she been soundbited?

jimjames

stevepas wrote: »

Has someone set her up, maybe she really didn't say it or has she been soundbited?

So even if one person says it that doesn't mean it is either planned or happening as the OP suggested. I'm sure you could find plenty of UK independence MEPs who would save that the Euro will collapse as well.

pqrdef

The main reason I don't believe they're printing Deutschmarks is that I don't believe they threw the old ones away.

stevepas

pqrdef wrote: »

The main reason I don't believe they're printing Deutschmarks is that I don't believe they threw the old ones away.

A very efficient, practical idea, dare I say very.........german.

Always a good idea to have a plan B when you embark on a new venture specially when the new venture is not without problems (see ERM and UK)