Quote:
Originally Posted by Kongo-Otto
Yes thanks for the Euro, i always wonder how we did survive before the Euro.
In the years before the Euro we had the Deutsche Mark which the German economy relied on and i think its not exaggerated to say that the German Economy did a bloody good job without the Euro.
The German economy survived two world wars, the great depression and a few other minor incident in history.
Do you really think, we couldn't survive the End of the Euro?
Maybe in the world of some Analyst from some Rating agencies, but otherwise the major part of the word Analyst is surely not "yst" so to say.
So and this is my last post in this thread i don't want to have another Infraction mail by the Forum Gestapo and their willfull denunciators.
|
Of course the German economy could survive the end of the Euro, but it would certainly suffer for it, and my point was that it is better for the German government to loan a few billions to Greece now that it will get back in time than to watch several billions go down the pan never to return if the Euro collapsed.
Also, it's worth remembering that the only reason the German economy is in the position it is now is because of heavy investment in post-war Germany to make it economically strong but also economically dependant first on the US, and then on the EU. Germany would not be in the position it is without the EU and is, to a large extent, still fairly dependant on it. That's not a bad thing by any means, the EU is also very dependent on Germany too as it is the biggest economy in Europe and essentially bankrolls a lot of what the EU does, but the relationship is mutually beneficial, so in that sense neither would be in a particularly strong position without the other.