Matze Schmidt on Sun, 7 Mar 2010 09:45:19 +0100 (CET) |
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Re: <nettime> A scenario for World War III |
Thanks, but I am not so sure about "Germany is the most likely candidate to leave the Euro" -- the reason is, as long as the EURO can hit the USDollar, e.g. on the oil market, it will. So the euro is the weapon for the European interests. Sure Greece etc. could not leave the E-zone without trouble, they have to pay in euro, so they are no real candiates for leaving more for being exited (even if the contracts offer no opportunity for doing so). Brief scenario play: If Germany would leave the E-zone, it would not go back to an old currency like the Deutsche Mark, it would have to 'invent' one likewise the euro to bind all other european and beyond currencies. One thing is foolproof, every currency leaving the E-zone will be affected by the market for valuta again. This can't be the goal of Germany's policy, to end in chaos out of the tight control of FRG's influence and purchase. Ask any German liberalist -- they will fight to keep the realm. Seems though they know a break can happen. best, Matze > but Germany. > add: is the most likely candidate to leave the Euro. > But Matze (and most nettime readers with him) got the gist. > Sorry for haste in posting! # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: http://mail.kein.org/mailman/listinfo/nettime-l # archive: http://www.nettime.org contact: nettime@kein.org