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Europe
Interesting comment on the Euro & the Deutschemark
2010-06-20
Was tempted to file this under "Seedy Politicians."
The unthinkable idea that the eurozone might break up is now being thought. And the version of break up gathering ground in people's minds is not that the poor, indebted countries would fall out -- they are prostrate and helpless -- but that Germany would rise up like Gulliver, snap the insubstantial euro-ropes tied round its body, and walk away. Offering a foretaste, a German stockmarket website called Borsenews has now started pricing shares in Deutschmarks as well as euros.
Make of that what you will.
Posted by:Barbara Skolaut

#7  Good job making Germany pay onerous reparations never backfired in the past.
Posted by: Bright Pebbles   2010-06-20 21:58  

#6  If the Deutschemark came back there would be a fest the likes of which has seldom been seen in Germany. It might go on for WEEKS!
Posted by: Besoeker   2010-06-20 17:25  

#5  Brits keeping the Pound - seems like it was a pretty smart idea, eh?
Posted by: Scooter McGruder   2010-06-20 16:56  

#4  Most Germans would bring back the DM in a heartbeat.
Unfortunately that wouldn't solve a thing since we'd still be forced to bail out the rest of Europe (until we go broke ourselves)
Posted by: European Conservative   2010-06-20 16:32  

#3  Hee-hee-hee-hee.

Thanks,'moose. :-D
Posted by: Barbara Skolaut   2010-06-20 16:09  

#2  http://i2.photobucket.com/albums/y25/mluphoup/NeuDeutschmark2012.jpg

Sample Neu Deutschemark. The very idea of putting Von Bismarck on it would make thousands of leftists collectively poop their pants.
Posted by: Anonymoose   2010-06-20 16:06  

#1  There is no Deutschmark right now so 'pricing' is just a feel-good exercise. But it might not be a bad thing for Germany to have a regional currency that the stronger, northern European countries would either use, or peg their own currencies to, just as some countries peg their currencies to the dollar.
Posted by: Steve White   2010-06-20 13:58  

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