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06-02-2012, 01:34 #1
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Is the 'Grexit' really going to happen?
Markets have gone from craziness to the most absolute insanity with fears of a probable Eurozone split. Outflows of capital from big and small investors, the euro incapable of resisting the ultimate wave of the Eurozone crisis, 'Tispanic' and 'Portugone' domestic markets' news flooding the international media and there, right in the spotlight, the possibility that 'Grexit' will become a real fact within the next weeks (or days). We wanted to know what some of the FX market key names and experts think about it, so we have gone for a round of questions:
If Greece leaves the Eurozone, what will be the scenario?
What could happen in the next days? And within the next months?Post Thanks / LikeJohnston thanked for this post
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06-02-2012, 23:37 #2
Re: Is the 'Grexit' really going to happen?
Probably... even Germany is rethinking the Euro.
One major banker in Germany says the Euro was Germany's only way to attone for the Holocaust by giving up all it's financial power by being Europe's central country in the EUROZONE which makes all of Europe's problems their own problems.
Germany is Europe's paymaster because it committed the Holocaust, claims a new book by Thilo Sarrazin, a firebrand author and former board member of the German central bank. The claim by the controversial writer achieved the desired effect of stoking publicity for Tuesday's launch of 'Europe Doesn't Need the Euro.'
Thilo Sarrazin, the former board member of Germany's central bank who caused outrage two years ago with a bestseller criticizing the impact of Muslim immigrants on German society, presented a new book on Tuesday that could strike a similar chord with Germans: "Europe Doesn't Need the Euro."
In his latest work, the combative politician, a maverick member of the opposition center-left Social Democratic Party, controversially argues that Germany is being pressured to bail out the euro zone because it perpetrated the Holocaust.
Sarrazin writes that supporters of euro bonds in Germany "are driven by that very German reflex, that we can only finally atone for the Holocaust and World War II when we have put all our interests and money into European hands," according to excerpts published in German media ahead of the book launch.
http://www.spiegel.de/international/...-a-834459.html
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