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Thread: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

  1. #11
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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by Red_Dave View Post
    You're certain its not true? I think a signature bet is in order.....
    No major business outlets are printing that Germany is printing marks, the first mention of which was a "suggestion"

    Given that Germany would see its banking system collapse if the Euro collapsed, I strongly doubt Germany is actually preparing for the collapse of the Euro, that it has plans in place in case it does, sure.
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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by Red_Dave View Post
    You're certain its not true? I think a signature bet is in order.....
    First off it is a rumour. This is what this whole crisis is driven by.. rumours who in 99% of the time are utterly false. There is a rumour that Ireland is printing money.. a rumour that Kate is pregnant and a rumour that there is life on mars.. come one, how about some ****ing facts driving the debate for once?

    Secondly the whole rumour was started by Pippa Malmgren. It came out of the blue and with zero back up of the claim.

    Ex-Bush Adviser: Germany Prints Old Currency in Case Euro Ditched

    She was mouthing her self off to a group of investors.. hmm investors who have money in say J.P. Morgan and similar companies who are sitting on a ton of sovereign CDS?

    Now you got to ask yourself... why would Pippa Malmgren say such slander? Then you look at her background... Bush advisor.. member of the Council of Foreign Relations and a long list of right wing elitists clubs and groups and the alarm bells start going off.

    If she had provided a shed of proof, then maybe I would take her seriously, but she did not and she is nothing but another one in a long line of people that are spreading rumours so to undermine efforts by European governments to fix the problems of the Eurozone... and they all pretty much come from two sources... US and UK.

    So ask yourself, what on earth would an American economist advisor to the Bush administration have to gain or want from a break up of the Euro and possibly the EU.. one less major economic competitor maybe?
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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by Lord Tammerlain View Post
    No major business outlets are printing that Germany is printing marks, the first mention of which was a "suggestion"

    Given that Germany would see its banking system collapse if the Euro collapsed, I strongly doubt Germany is actually preparing for the collapse of the Euro, that it has plans in place in case it does, sure.
    True , as are Pete's assertions about the source. That said I if the risk of rioting etc. is so great it wouldnt surprise me if there were one of these out

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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by digsbe View Post
    The link is broken

    And good for Germany. If I were the Germans I would leave the Eurozone and swap back to my national currency.
    Why? Given that Germany is the largest capital goods supplier in Europe (think tools!), a breakup of the Eurozone combined with the recession that will surely follow does not bode well for an export driven economy such as Germany.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by PeteEU View Post
    First off it is a rumour. This is what this whole crisis is driven by.. rumours who in 99% of the time are utterly false. There is a rumour that Ireland is printing money.. a rumour that Kate is pregnant and a rumour that there is life on mars.. come one, how about some ****ing facts driving the debate for once?

    Secondly the whole rumour was started by Pippa Malmgren. It came out of the blue and with zero back up of the claim.

    Ex-Bush Adviser: Germany Prints Old Currency in Case Euro Ditched

    She was mouthing her self off to a group of investors.. hmm investors who have money in say J.P. Morgan and similar companies who are sitting on a ton of sovereign CDS?

    Now you got to ask yourself... why would Pippa Malmgren say such slander? Then you look at her background... Bush advisor.. member of the Council of Foreign Relations and a long list of right wing elitists clubs and groups and the alarm bells start going off.
    If she had provided a shed of proof, then maybe I would take her seriously, but she did not and she is nothing but another one in a long line of people that are spreading rumours so to undermine efforts by European governments to fix the problems of the Eurozone... and they all pretty much come from two sources... US and UK.
    So ask yourself, what on earth would an American economist advisor to the Bush administration have to gain or want from a break up of the Euro and possibly the EU.. one less major economic competitor maybe?
    I just love reading your posts, PeteEU because they are so... 'European'. That is they tend to wander off in all directions hoping an answer to life's problem's will be stumbled upon somewhere along the way. Always uncertainty and never a clear philosophy. Simply a series of social experiments.

    So the same guy who says
    This is what this whole crisis is driven by.. rumours who in 99% of the time are utterly false. There is a rumour that Ireland is printing money.. a rumour that Kate is pregnant and a rumour that there is life on mars.. come one, how about some ****ing facts driving the debate for once?
    also says


    She was mouthing her self off to a group of investors.. hmm investors who have money in say J.P. Morgan and similar companies who are sitting on a ton of sovereign CDS?
    and
    Now you got to ask yourself... why would Pippa Malmgren say such slander? Then you look at her background... Bush advisor.. member of the Council of Foreign Relations and a long list of right wing elitists clubs and groups and the alarm bells start going off.
    and

    If she had provided a shed of proof, then maybe I would take her seriously, but she did not and she is nothing but another one in a long line of people that are spreading rumours so to undermine efforts by European governments to fix the problems of the Eurozone... and they all pretty much come from two sources... US and UK.
    So after calling for 'facts to drive the debate' you immediately begin speculating and spreading more rumor.

    Such is the mess in Europe, and there are strong indications it was ever thus.

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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Germany can't keep footing the bill for all these other countries. For short-term political reasons, it would be best for Germany to get out of EU and control its own financial issues. This could reduce exports to neighboring countries as they have financial downfalls. The long-term view would encourage Germany to stay in the EU, in hopes that it will build all the financial strength of the EU, and increase Germany's exports.

    It is a rock and a hard place. Pain now or pain later.
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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by Blue_State View Post
    Germany can't keep footing the bill for all these other countries. For short-term political reasons, it would be best for Germany to get out of EU and control its own financial issues. This could reduce exports to neighboring countries as they have financial downfalls. The long-term view would encourage Germany to stay in the EU, in hopes that it will build all the financial strength of the EU, and increase Germany's exports.

    It is a rock and a hard place. Pain now or pain later.
    It will be pain now and pay later. People will not be receiving their pensions either.

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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Obviously Germany needs to start rolling out the Panzers to get Europe back in order.

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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    Quote Originally Posted by Samhain View Post
    Obviously Germany needs to start rolling out the Panzers to get Europe back in order.
    Grow everyone's economy.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Germany printing Deutsche Marks, British Foreign Office warns of euro chaos

    i have been living in Germany the past year and a half and i can tell u the euro has been kicking our butt. i hear stories about how it was the other way when Germany had the mark. my only thing about this is what if this was Texas, and the rest of the u.s. was crumbling? wouldn't we force Texas to pick up the tab? i know the E.U. is a confederacy and each state in it is for the most part sovereign, and the u.s. is a federation now. Its the other Europeans countries fault for being in this situation but Germany should lend the money if the rest of the e.u. signs a contract that outlines how there going to improve their economies.

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