Schaeuble:“upcoming EU summit will not present final solution for euro zone debt cris

[ASusilovic]

* German Finance Minister Schaeble; “upcoming EU summit will not present final solution for euro zone debt crisis”

* dreams that everything will be solved on euro crisis next Monday cannot be met”

Eur/Usd dropped about 35 points to 1.3810 on news.

http://forex.fxdd.com/128773/forex-news/german-fm-comments-weaken-euro

Speechless. :eek:

 

[Butterball]

Germans should know to be more tactful whenever talking about a 'final solution'.

 

[TGregg]

Quote from ASusilovic:

Speechless. :eek:

I'm just shocked, shocked I tell you. Obviously the answer is more government, more meetings, more speeches and a boatload of more spending! Higher taxes (punish those miserable SOBs who are productive) and more handouts (reward those poor souls who's failures are not their fault) along with massive government bureaucracy are the keys to a better future.

 

[clacy]

The Euro was doomed the second they allowed Greece in.

 

[C6H12O6]

Quote from ASusilovic:
Speechless. :eek:

Why ?
Germany has every interest at prolonging the crisis as long as it can.
Just to mention one reason, think about lower yields on german gov bonds, even on the long durations they pay much less than inflation.
Why other european countries accept german behaviour is a mistery, this leaves me speechless.

 

[TGregg]

Quote from C6H12O6:

Why ?

One presumes. . .

SARCASM noun \ˈsär-ˌka-zəm\
1
: a sharp and often satirical or ironic utterance designed to cut or give pain
2
a : a mode of satirical wit depending for its effect on bitter, caustic, and often ironic language that is usually directed against an individual b : the use or language of sarcasm

http://www.merriam-webster.com/dictionary/sarcasm