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

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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.
    There's been just too much peace in Europe recently and as a result the people are confused, lost, uncertain about their futures.

    Their problem is that they once needed someone to hate and then, as the theory goes, when they eliminated these hated people they will all settle in to share in a better life together. That hope they once shared as a culture has been thwarted by peace. The Jews have become passe, as have the Americans. And f they dare hate the Muslims their cities will be destroyed.

    It's tough to be a European these days.

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

    Quote Originally Posted by KnasterC View Post
    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.
    Texans grow up with the idea that they are Americans first and Texans second. The Germans are now expected to be Europeans first and Germans second. The same rule of thumb applies to all Europeans now, an unrealistic and hopeless expectation, no matter what coercive efforts go into it.

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

    Quote Originally Posted by PeteEU View Post
    So you would want to go back to the "national currency" that would have a huge value, meaning your main job creator, exporting would take a nose dive... yea that sounds very wise...
    Seems better than being driven into near bankruptcy by Greece. There's a line behind Greece too with financial problems. Germany wouldn't be having these problems if not for the Euro. The Euro was too grand an idea. It was trying to unite too many different economies and cultures together. Printing one's own money is a huge mark of sovereignty; giving it up to something as widely inept as the EU is really stupid. Germany would do well to go back to their own currency and reject the Euro.
    You know the time is right to take control, we gotta take offense against the status quo

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

    The EU as it is is doomed, the Euro, headed for the trashbin. Chaos, is looming on the horizon.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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

    Quote Originally Posted by KnasterC View Post
    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.
    Recently Greece renegotiated its debt and 60% or 70% of the debt was forgiven. That would be "default" under any financial analysis. If Germany signed a contract with Greece, it could expect more of the same. The Reserve Banks are tripping all over themselves to make sure nobody suggests that a default occured, but reality bites. The debate is framed to adjust perception to debt was forgiven not that it was defaulted. Perception is everything when currencies are supported by "confidence" and lack intrinsic substance, don't you think?

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

    I imagine this is just a rumor but it's not like it's not a reasonable rumor. Many seem to think that this is all going to fix itself. The world grew by creating bubbles inflated by debt. Some seem to think that we can continue doing that.

    It's funny, the markets went up Friday over the news once again that the countries had come together to form a solution only to see the markets dive today when it's realized nothing has been accomplished. Of course, everyone knew that Friday also. We do this week after week. It would be funny of not for the magnitude of the problem.

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

    Quote Originally Posted by DaveFagan View Post
    Recently Greece renegotiated its debt and 60% or 70% of the debt was forgiven. That would be "default" under any financial analysis. If Germany signed a contract with Greece, it could expect more of the same. The Reserve Banks are tripping all over themselves to make sure nobody suggests that a default occured, but reality bites. The debate is framed to adjust perception to debt was forgiven not that it was defaulted. Perception is everything when currencies are supported by "confidence" and lack intrinsic substance, don't you think?
    I saw a statement the other day and I wish I could give credit.

    Ponzi scheme's need to inspire confidence, countries shouldn't need to.

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

    Quote Originally Posted by Grant View Post
    So after calling for 'facts to drive the debate' you immediately begin speculating and spreading more rumor.
    LOL I presented the facts and made a conclusion from that.. not my fault you dont like it. Not like Pippa gave any facts what so ever to back her claim up, at least I provided facts to back mine up.
    PeteEU

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

    Quote Originally Posted by Ikari View Post
    Seems better than being driven into near bankruptcy by Greece.
    LOL so now Germany is near bankrupt because of Greece? And you base this on what facts exactly?

    There's a line behind Greece too with financial problems. Germany wouldn't be having these problems if not for the Euro.
    What German problems? Germany is a strong economy with growth and falling unemployment. If you call those problems, then you and I have very different views on what a problem is. Even the Euro is now falling again, all playing right into the hands of the Germans.

    The only real problem Germany has, is their hatred of printing money which is causing this "Eurozone" problem to continue. If they gave up this, and let the ECB print, then we would be over many of the immediate problems of the Eurozone, and have time to fix the structural problems of its members.

    The Euro was too grand an idea. It was trying to unite too many different economies and cultures together.
    Yea like the Pound and the US dollar.. or the Canadian Dollar...so many different cultures and even languages all living in "harmony" in an economic union.. such a grand idea. So when are these countries gonna fail like the Eurozone?

    Printing one's own money is a huge mark of sovereignty;
    Oh it is? So that means Rick Perry will start printing his own Texas Dollar once he is out of the race and Obama back in the White House? After all he has floated the idea of succession from the Union.. And considering the amount of money flowing from rich states to the poor (often red) states in the US, then one has to wonder what places like California and New York get out of being in the same economic union as the deep south and the bible belt..

    giving it up to something as widely inept as the EU is really stupid.
    Funny that can be said of the US and UK as well.. internally that is.. Wales and Scotland "giving up" (yea they were conquered) their sovereignty was really stupid.. Same goes for every single state in the US... that is sovereignty is something important.. or is it just one of those words thrown around by people who disagree with a political and/or economic group?

    And for the record, even if every single country in Europe still had their own currency, guess how much sovereignty they would actually retain? NONE!, because they would all be forced to follow the interest rates of Germany/France and have very little flexibility in printing money. The only countries with any sort of sovereignty with their own currency are the US and Germany, with smaller amounts of sovereignty by France, Spain, Italy and the UK... all the rest would still be playing follow the leader.

    Germany would do well to go back to their own currency and reject the Euro.
    Yea having their own very very very expensive currency would do wonders for their export driven economy....
    PeteEU

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

    Quote Originally Posted by MrVicchio View Post
    The EU as it is is doomed, the Euro, headed for the trashbin. Chaos, is looming on the horizon.
    The US is doomed, the dollar is heading to the trashbin.. Chaos is looming on the horizon.

    Fixed it for you.. makes just as much sense as your drivel.
    PeteEU

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