What If Germany Left To Save The Euro, And Itself ?
There are increasing signs that Germany is making emergency preparations in case the country feels it has no other choice but to leave the Euro and go back to the Mark. Although Angela Merkel is officially 100% committed to the ideal of a united Europe, behind the scenes Germany seems to be preparing for the possibility that it might have to abandon the Euro.If Germany leaves the Euro, some economists predict that the value of the currency would fall by as much as 50%. The Mark, on the other hand, would rise significantly against the Euro.
The reason for this is the ongoing debt crisis in some of the smaller EU nations. This week Eurozone finance minister will once again meet to make a decision on whether Greece has satisfied the condition for its next bailout loan. TrimTabs Investment Research said today that the only practical solution to the debt crisis in Europe is a breakup of the Eurozone. TrimTabs warned that Germany needs to salvage what it can financially and leave the Eurozone as soon as possible.
“At this point, there aren’t any good solutions to the Eurozone debt crisis,” said David Santschi, Executive Vice President of TrimTabs. “The debt buildup is so large and the market pressure is so intense that it’s now a matter of choosing the best of bad options.”
TrimTabs argued that the best case scenario would be for Germany to exit the Eurozone before the peripheral countries, establish its own strong currency, and salvage what it can financially.
“If Germany exits the Eurozone first, it would suffer big losses on its euro-denominated holdings,” said Santschi. “But if Germany doesn’t exit and keeps playing the bailout game, it’ll be dragged down along with the rest of the Eurozone, and the global economy will be much worse off.” “I’m not aware of any arrangement like the one in the Eurozone that’s worked well for a long period,” says Santschi.
TrimTabs dismissed other widely advocated solutions to the Eurozone debt crisis as unrealistic. More bailouts and more money printing will not end the crisis because they cannot resolve the solvency issues at the root of it, and more European integration is not possible quickly enough.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
Better print up some Deutsch Marks, pronto!
We have printed about 1 Bil Deutsch Mark @Chris Kitze We are getting ready, it’s in all the small newspapers in all the little regions We are no idiots, and if it means destroying the € Zone to save and boost our country, we will, it’s time to get out of the € !
Merkel`s handlers would never allow her to leave the Euro Zone unless
all 15 billion (European figures) of all European countries are firmly saddled on Germany`s shoulders. Then all others can start debt free whilst Germany has a millstone hanging round her neck that will drag her
below the water surface. And why should that be so? Because Merkel`s handlers have a special kind of love for Germany. And who are Merkel`s
handlers? Jews!