Euro 'house of cards' to collapse - Euro architect Prof Issing

[Michael J. Fletcher]

They are still in the game because their populations are not awake enough to vote out the establishment yet. The politicians are in the bankers pockets. It's sad to watch. The tide has turned now and it a matter of when not if the Euro is scrapped. Maybe it will cause a war.

Not sure about that, why would bankers be interested in keeping a single currency? How it helps them?

 

[propwarrior]

Not sure about that, why would bankers be interested in keeping a single currency? How it helps them?

You have to ask yourself who has benefited most from bailouts and huge QE. Is it the people or the banks? Bankers have funded wars and countries going back hundreds of years, its good business for them.

 

[Michael J. Fletcher]

You have to ask yourself who has benefited most from bailouts and huge QE. Is it the people or the banks? Bankers have funded wars and countries going back hundreds of years, its good business for them.

QE is possible without a single currency. For example, if Germany had its Deutsche Mark and no ECB above that, their central bank could also make a QE.