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Will Germany leave the Euro ?
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View Poll Results: Will Germany leave the Euro
Yes 8 17.02%
No 36 76.60%
Don't know 3 6.38%
Voters: 47. You may not vote on this poll

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Will Germany leave the Euro ?

  #21 (permalink)
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wh View Post

a german gets € 2,500 a month
the greek gets the same
a portuguese gets € 800
the romanian gets € 250 a month

and the chinese gets € 80

So many trouble ... No one wants more to Switzerland, because Switzerland for the Euro countries is too expensive.

GDP per capita (purchase power parity)

Germany $ 36,033
Greece $ 28,434
Portugal $ 23,222
Romania $ 11,860
China $ 8,394

In Greece there is an obvious mismatch between actual wealth and the willingness to share that wealth within the country. Individuals hide their riches, the tax authority is unable to collect revenu taxes and the rich don't share with the poor. Europe and the German are the scape goats, although the real problems are all home made.

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  #22 (permalink)
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Tiberius View Post
As far as I am concerned the EuroZone is going DOWN.

Ups and downs are relative. It is going down relative to China, because in absolute terms China is still behind.


But then have a look at the EURUSD chart over the last 10 years. What is going down and what is going up?

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  #23 (permalink)
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Fat Tails View Post
GDP per capita (purchase power parity)

Germany $ 36,033
Greece $ 28,434
Portugal $ 23,222
Romania $ 11,860
China $ 8,394

Was curious, so Googled:

US $ 45,989
Australia $ $42,279
France $ $41,051

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  #24 (permalink)
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It's just politics.
Who benefits from a weak euro or $?
Who benefits from a strong euro or $?
What is currently the leading currency and what are their preferences?

@ mike
Confusion between € and $.

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita

Causality is the relationship between an event (the cause) and a second event (the effect), where the second event is a consequence of the first.
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  #25 (permalink)
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Ja, es ist alles vergleichende


Fat Tails View Post
Ups and downs are relative. It is going down relative to China, because in absolute terms China is still behind.


But then have a look at the EURUSD chart over the last 10 years. What is going down and what is going up?

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  #26 (permalink)
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wh View Post
@ mike
Confusion between € and $.

Right, Fat Tails put $ so I assumed (incorrectly).

Here it is all in USD, again mainly because I was curious:

US $ 45,989
Australia $ 42,279
France $ 41,051
Germany $ 40,670
Canada $ 39,599
Greece $ 29,240
Portugal $ 21,903
Romania $ 7,500
China $ 3,744
India $ 1,192


You can get any of these you want, just google "gdp per capita <insert country name>" and Google gives you a direct answer at the top.

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  #27 (permalink)
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Tiberius View Post
natürlich mein Herr, es ist alles vergleichende. Ich wurde eher metaphorisch, wird mein genetisches Heimat überleben, besser zu sein als vorher. gefällt dir mein Übersetzer?

The translator is awful, just like one of the dogs of @Big Mike performing an opera.

No confusion between $ and €. The point is that the income per capita in Eastern Germany is about the same as it is in Greece. In Western Germany it is comparable to the US or Australia. I am not posting any figures, because it is boring to do so.

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  #28 (permalink)
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I've added a Voting Poll.
Will be interesting to see the consensus on BTM re the original question.

Hope everyone will participate.

Thx

Every moment I wake up I realize I know nothing, and then I smile...
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  #29 (permalink)
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Silvester17 View Post
that doesn't need many words.

I'm not going to presume to know what you mean ...lol


Quoting 
it just makes you wonder. germany is carrying the heaviest burden, in order to save greece. but the hate towards germany is immense in greece.

I don't see it in the same way.
If any one is carrying any burden, it's only in terms of their risk implicit in their potential gain from speculation.

Neither Germany, nor any one else, are "saving Greece", rather their own "rear ends".

The IMF's deal was access to around $120 Billion over 3 years.

If we are all thinking that either this amount of virtual money, or the demise of Greece, is a serious risk to the stability of the entire worlds financial system, then we all need our heads examining.

What it seems is actually at stake is confidence.
Confidence in "the system".

Trouble is, the more "the system" does to to try to convince that everything is either ok or will be ok, the more it exposes itself to the sheer non sense of the mirage.


Quoting 
makes you wonder if there is actually a solution everybody can agree on.

Indeed it does, I agree.

Perhaps nothing more complicated than a paradigm shift...who knows...we shall all, no doubt, see..

As an aside here are some interesting, all be them "alternate", thoughts on that subject.
The Impossible Alternative | Reality Sandwich


Thx

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  #30 (permalink)
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forrestang View Post
Politicians are some of the WORST people with regards to the benefits of society.

It's like they wake up in the morning and ask themselves, "Gee, things are going too well, what can I f*(k up today?"

It does seem that we are increasingly at the behest of officials, elected or otherwise, that don't seem to be serving the interests of the people.


gktk View Post
check out some of Nigel Farage videos on youtube. Head of UK Independence Party, quite a eurosceptic.

He is much loved by the Germans.

I've enjoyed his candor and willingness to speak his mind.
I posted these in another thread (by mistake in hindsight) that you may already have seen...

A new democratic revolution is sweeping northern Europe - Nigel Farage






FIAT currencies are falling across the globe - Godfrey Bloom MEP

[yt]http://www.youtube.com/watch?v=eW0LQsXJRdU&feature=player_embedded[/yt]


Every moment I wake up I realize I know nothing, and then I smile...
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