The thing is if you wanted to break up the Euro now would not be the time to do it because you might spark off global credit crunch, simply because it would mean too many big debts being written off, this would mean there would still need to be a bail out. The next step would be Eurobonds, would cost Germany a premium on it's new issued debt, but at the moment they're at record lows, lower than it was when they had the DM.
If you are serious about the break up of the Euro best to wait untl things have stabilised.
Of course that's when it becomes clear that it wouldn't make much difference.
If you are serious about the break up of the Euro best to wait untl things have stabilised.
Of course that's when it becomes clear that it wouldn't make much difference.
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