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- 26 Mar 2009
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- State of Volatile Apathy
Story is fail and lacks the basic tenets of plausability, even for a rumour.
Story is fail and lacks the basic tenets of plausability, even for a rumour.
Forgive me, but I thought that was the whole point of the European Union.Daily Express said:GERMANY is rumoured to be printing Deutschemark banknotes again in preparation for ditching the euro and distancing itself from Greece and the other ailing states that started the sovereign debt crisis.
http://www.telegraph.co.uk/finance/...7770265/Is-Europe-heading-for-a-meltdown.html
In a few years time we could be looking at a totally new world order.![]()
I can't believe people actually believe this rumour.
Story is fail and lacks the basic tenets of plausability, even for a rumour.
Why?
To me it makes sense. Printing notes doesn't mean Germany will pull out, they could just be making a contingency fund. Print a load of Marks just in case in the nearish future they decide they really do need to pull out.
Bit like nuclear deterrent, it sits there doing "nothing", hopefully never being used, but if everything goes up ***** creek you'll be glad you did it (kept the deterrent or printed marks...)
Printing notes doesn't mean Germany will pull out, they could just be making a contingency fund.
The diplomatic, economic, and political processes required for this would move far, far more slowly than the hypothetical situation you seem to be alluding to where Germany would have to 'secretly' print Deutschmarks 'just in case'. And this is in the event where the federal government decides to take this option, and there are many domestic and international reasons why they would not.Why?
To me it makes sense. Printing notes doesn't mean Germany will pull out, they could just be making a contingency fund. Print a load of Marks just in case in the nearish future they decide they really do need to pull out.
Bit like nuclear deterrent, it sits there doing "nothing", hopefully never being used, but if everything goes up ***** creek you'll be glad you did it (kept the deterrent or printed marks...)