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Euro on verge of collapse: Germany
Content By: The Coming Depression Editorial Staff (original story here)
Copyright: include link to this article on top of reproduction if you use it. Been affected by the recession? Comment at bottom.
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This entry was posted on Saturday, January 30th, 2010 at 4:17 pm and is filed under Europe. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Comments

2 Comments

  1. February 3, 2010 @ 5:25 am


    The price level in greece is too high and wages most go down on the international level, while the budget cuts needed for these countries to remain solvent during a deflationary depression enforced on them by Germany via the Euro are so staggering that no modern democracy will be able to handle. As the riots in Greece have shown, any government in the world that will try to make public spending cuts in double digit percentage points will not survive. Not to talk about the fact that will need to lower the minimum wage during a depression, an action never done by any government.
    http://israelfinancialexpert.blogspot.com/2010/01/euro-crisis-budget-cuts-are-doomed-to.html

    Posted by Euro Collapse
  2. August 23, 2010 @ 5:44 am


    Nothing will prevent a Euro Collapse

    Posted by Euro Crisis

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