Massive upcoming trouble for Eurozone

The Deutschmark won't come back, because it would also mean that Germany has to quit the EU, and that won't happen.

 

Well Merkel did announced last week that if SEGA would step back in the console war and announce the Dreamcast 2, that Germany would reconsider reinstating the Deutsche Mark.

Seriously; no respectable news/press-outlet should bring rumors like EU countries switching back to their pre-euro currency on the table, it's ridiculous. I don't know where you got wind of that speculation, but they should fire the person responsible for it right away.

 

x

 

theres reasons to recall the gold, some of them based on history ... .

but theres also another reason: a high possibility that all those tungsten filled gold bars came from fort knox and that the us government cheated on everyone ....... . we will find out soon i guess .

 

http://blogs.reuters.com/felix-salmon/2012/03/25/the-problem-of-fake-gold-bars/

http://www.zerohedge.com/news/tungsten-filled-1-kilo-gold-bar-found-uk

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x7044134

http://www.viewzone.com/fakegold.html

 

your a few months our of date to be panicking about Germany recalling its gold so dunno where you dug that story up, i certainly wouldnt be panicking unless you have decided to move to Greece things should be fine, typical of the media to get people all panicked, especially American media outlets who dont have a good grasp of what goes on in europe

 

Euro is becoming the new Deutschmark

This is crap, Eurogroup needed to test somewhere the new bank "survival tool" and that is happening with Cyprus.
It's a nice way to get the big heads out of a country and invest to more "stable" nations.

 

Soon Germany will own half of Europe(financially) so why would they quit the Eurozone?

 

Let's put Cyprus on eBay...

 

good idea but i doubt you would get much for it at the moment

 

The crows are gathering

http://translate.googleusercontent....4.html&usg=ALkJrhiXSZz5gqmRW811RiIBEWsXEga7nA

 

not worried, the world needs a good ol financial revolution

 

Has Greece put it's monuments for sale to cover it'd debts yet?

I'm all for the death of the Euro. It was doomed to fail from the get go. The UK has been having issues lately yet the GBP has always for whatever reason remained Strong compared to the Dollar. The Euro Fluctuates sometimes it is...sometimes it isn't.

 

Bound to happen, the question is 'when'?

Financial systems based on interest will ALWAYS collapse sooner or later, they are designed that way. Econ 101.
You can only delay the collapse, but you can't prevent it. From an investors standpoint, it is important to predict the exact date of the collapse, so you can hedge your bets.

 

Well something big is definitely on the horizon. Trust in any bank recently has plummeted to an all time low meaning there will be a huge run on the banks across Europe from it's large investors to prevent the governments & banks from "trimming" (LMFAO!!) their deposits by up to 40%.

This will have a knock on effect across the globe, not sure what myself, as I'm not a financial analyst but we will all see/feel it I assure you.

 

At best it will strengthen the dollar and Asian currency. At Worst another recession.

 

Maybe it'll strengthen those currencies relative to the rest of the world, it'll still cause the collapse of a shit loads of companies in the US and Asia which export to Europe, meaning job losses across the board, meaning more spending from governments, meaning higher debt, tighter or non-existant lending leading to even more companies unrelated to europe going under, meaning worse recession.

I can't see the Euro surviving the next 10 years personally, though as I stated before, I'm not a financial analyst.

 

I see US companies shifting focus from Europe to emerging markets like Latin America and that'll keep those companies afloat.