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Re: Stock Lobster post# 318863

Monday, 05/17/2010 8:59:45 AM

Monday, May 17, 2010 8:59:45 AM

Post# of 648882
Yours and LH's articles show that actually, Germany leaving the EMU will be a +ve for them, financial windfall and prevention of a -ve, ie bailing out Greece.

"This is the only break-up scenario that makes much sense. A German exit would allow Club Med to uphold contracts in euros and devalue with least havoc to internal debt markets. The German bloc would enjoy a windfall gain. The D-Mark II would be stronger. Borrowing costs would fall. The North-South gap in competitiveness could be bridged with less disruption for both sides. "


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