tag:blogger.com,1999:blog-667039295268759670.post8775636619153714833..comments2023-08-21T10:31:37.251+01:00Comments on Jersey Libertarian: Out with the old...Darius Pearcehttp://www.blogger.com/profile/08207593799348887450noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-667039295268759670.post-85959574650216848442012-06-13T10:18:21.046+01:002012-06-13T10:18:21.046+01:00Although Great Britain is not a 100% member of the...Although Great Britain is not a 100% member of the EU currency Zone,-<br />but Great Britain is our=Germany`s 100% next neighbour. I cannot imagine ,that Germany will not help you in any way,<br />if it becomes terrible worse in your country.<br />Neighbours should help each other .Antje Seeger. Bloghttps://www.blogger.com/profile/13336471738346166264noreply@blogger.comtag:blogger.com,1999:blog-667039295268759670.post-43306848330379681802012-06-11T23:28:23.121+01:002012-06-11T23:28:23.121+01:00Germany is the nation which is out of step with th...Germany is the nation which is out of step with the rest of Europe in a financial sense (well let's say Norway, Sweden, Denmark, Netherlands, Luxembourg could also move out of the Euro with Germany to form their own 'Nordic Euro').<br /><br />The Euro will then de-value and so the obligations of the PIIGS nations will also de-value.<br /><br />If Greece leaves the Euro then everyone in Greece who has Euro debts will be impoverished,whilst German exports may suffer at least anyone who has Euro debts in Germany will benefit from the increase in the value of the 'Nordic Euro'<br /><br />I would not worry the country which will suffer most is the United Kingdom which not only has private debt of around 450% of GDP but is economically dependent on the very industry which is about to go bang... the finance industry.<br /><br />Britain is the country most desperately in need of hyper-inflation.Darius Pearcehttps://www.blogger.com/profile/08207593799348887450noreply@blogger.comtag:blogger.com,1999:blog-667039295268759670.post-84701713954624798392012-06-09T01:35:42.200+01:002012-06-09T01:35:42.200+01:00It isn`t easy to understand in the first moment,wh...It isn`t easy to understand in the first moment,why Germany should leave the EU currency zone and the country with the most financial debt may stay...! I tried to find out,what the advices of Germany`s bankhouses are: <br />YES,-Germany should leave the EU currency zone.`Cause after Greece also Spain wants financial help-especially of Germany.And if Germany stays in,then it has to pay them the most money,-which then the German Bundesbank has to take away from each German money-saver.Explain "this" necessarity to the average money saver....-unpossible! I red the advices of the DEUTSCHE BANK,- COMMERZBANK,-SPARKASSE,-and they all meant:Germany should leave the EU currency zone. What probably happens next? Following szenario could happen : that also Netherland,Austria and Finnland will follow Germany ,-and France as well. WHO WILL AND WANTS then help Greece,-Spain,-Portugal and Italy ? I`m not afraid of Germany`s fincial future and economy after leaving.I would be more worried if we stay in.What would happen later:Will Germany be able to pay the pensions to the Elderly ? Ask german people,who knew the former food prices,-about the food prices since we have the Euro : 1 Liter milk was 0,99 DM and then at the first year of Euro it costs 0,99 Euro( = 1,98 DM) Nowadays milk costs 1,19-1,39 Euro.This also happened with other kinds of foods. I think,each Country/Nation has the duty to think first on their own citizens and second to Others.Antje Seeger. Bloghttps://www.blogger.com/profile/13336471738346166264noreply@blogger.com