what happens if italy etc drops the euro

Quote from sysre:

I hope euro members drop out.
More fx pairs, bonds, libor rates to trade!

It was nice in the 1990's with so many more things around.
More...

since the 1990's alot of new financial products have been introduced. wake up Mr. rip van wickle.
 
Quote from C6H12O6:

I'm afraid that on this forum nobody gives a s**t about Italy :D

Seriously: other countries are currently planning to accelerate their adoption of the euro, e.g. Denmark, even in UK there are rumors. And you want one of the founders and moreover one that hasn't spent a single penny to bailout banks yet, contrary to nearly all other european countries, to get out ?

And talking about the top level of world goverment: do you really believe that the powers-that-be, the monetary powers, those who have the power to print money, would allow their project to break apart ?
More...

Spot on, the ones calling the shots (not the puppets in government) would never let this happen. The conditions could be such that all logic screams for the EU to break up, but they ain't going to allow that.
 
Quote from discepolo:

only if you measure standards of living in terms of LCD screen size -- I'd rather have free health care than 6 lane roads.
More...

In italia, se entri l'ospedale con una malatia, esci con due! :D
 
Quote from DrEvil:

Spot on, the ones calling the shots (not the puppets in government) would never let this happen. The conditions could be such that all logic screams for the EU to break up, but they ain't going to allow that.
More...
Thanks.

Now I'm just waiting that the hedge funds that are shorting italian BTP, end belly up like those buffoons, killed by Porsche and German government. They lost 30 BILLION euros, LOL :D
http://www.telegraph.co.uk/finance/...ny-got-revenge-on-the-hedge-fund-locusts.html
http://www.telegraph.co.uk/finance/...46/Funds-lose-24bn-as-VW-shares-take-off.html

Now the losers are crying like babies, calling for an investigation... :D
Will they learn the lesson ? Don't think so.
Hei dumb hedgies go ahead, first Porsche and Germany, now try and fight the money masters at ECB :D
 
for an in depth discussion of this topic -

Read Gavekal's book "The end is not nigh" Chapter 17

entitled "could Italy leave the Euro?"

published in 2007, by Louis Gave.
 
You must log in or register to reply here.
Back
Top