Μαΐου 18, 2012

TIME TO THROW GERMANY OUT OF EURO NOW

Being yes men of Europe has got Ireland nowhere - The Irish Times - Wed, May 16, 2012

Fa Daf

TIME TO THROW GERMANY OUT OF EURO NOW

The crisis in euro zone will affect all countries in the world. Euro cannot be allowed to die quickly and fast. The proposal to kick Greece out of Euro is very dangerous. It is like asking a citizen of a country to leave the country for not paying credit card bills.


.. credit card bills .. sovereign debt equated to .. the worst ever, form of financing a sovereign state .. tearing apart countries .. the eurozone itself ..

Which new country will take him? If you allow this idea then lender can force one by one outside the zone. The position of Spain, Portugal, Italy, Ireland, even France is more in line with Greece.

So the solution is to throw Germany out of Euro now and immediately. The outcome is best for all concerned except Germany, in fact to the world. The sequence is as below.

1. Germany leaves Euro and issues Mark. The mark will settle at say one mark at 2 Euros.
2. With euro depreciated only against mark the European nations can start exporting bringing back the jobs and business.
3. The WORLD cannot complain since euro is existing and trading. If the market forces devalue euro no one is answerable / need not answer.
4. The Tax on German exports to Europe will bring revenue to LOCAL Governments.
5. China cannot / need not complain since China will be better placed to trade against Germany. Euro reserves exist as a currency.
6. Germany will become like china a large holder of exchange reserves.
7. Germany can restrain Mark from international trade like China Yuan / Indian Rupee and do external trade only in euro / US$.
8. France will emerge as European leader, which France never achieved till date.
9. Europe will have Little leader Britain, Crude Leader Russia , disciplined leader Germany, Free for all leader France. In short Europe will stop meddling in other country affairs, busy with their own problems.
10. USA should be happy Germany cannot raise now uncontrollably , and concentrate on China / India
11. China can be happy Euro reserves will last as a currency and can be utilized. With Germany on par with China in legal terms for Euro trade China can do what it did to US. Koreans Can move in with their factories.
12. Germany can attach itself to Euro Zone like Nepal, Bhutan, Sri lanka, Bangladesh to India.

Germany is like to Europe what Mumbai, Delhi is to India. In China the common race made developments along the coast, In India the different races acquired skills and industrialization is all across India.

Similarly Europe will change in a decade and Germany will be Just another state in Europe.

SO TIME TO THROW GERMANY OUT OF EURO NOW HAS ARRIVED

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