Comments on: How will the Eurozone crisis end? http://blogs.reuters.com/great-debate-uk/2010/06/07/how-will-the-eurozone-crisis-end/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: HBC http://blogs.reuters.com/great-debate-uk/2010/06/07/how-will-the-eurozone-crisis-end/comment-page-1/#comment-11615 Mon, 07 Jun 2010 18:50:56 +0000 http://blogs.reuters.com/great-debate-uk/?p=7622#comment-11615 More to the point is what those who connived with Greece in cooking its books can expect from the Germans and the rest of Europe. There’s soon not going to be too many places on earth where Goldman executives can expect to vacation in peace.

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By: AlgarvianMan http://blogs.reuters.com/great-debate-uk/2010/06/07/how-will-the-eurozone-crisis-end/comment-page-1/#comment-11614 Mon, 07 Jun 2010 12:25:14 +0000 http://blogs.reuters.com/great-debate-uk/?p=7622#comment-11614 I mix with many German people here in Portugal and a few weeks ago they believed that saving the € was the best course of action for political and monetary stability. How quickly views change since various EU member states have revealed their deficits with more losses looming. Personally I think Germany will return to the DM as the German people are more than a little annoyed at the deceit of some of their neighbours, unless countries such as Greece and maybe one or two others are forced out of the €.
The American economy is supporting such massive debt it is difficult to see how the $ can continue to maintain it’s current level. While China continues to grow as the manufacturing powerhouse of the Western World, most Western currencies will continue to decline, except Germany because they understand what makes a stable economy.

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By: AnxiousOne http://blogs.reuters.com/great-debate-uk/2010/06/07/how-will-the-eurozone-crisis-end/comment-page-1/#comment-11612 Mon, 07 Jun 2010 09:01:58 +0000 http://blogs.reuters.com/great-debate-uk/?p=7622#comment-11612 Very well written and thought provoking article. RMB will seem to be strong as long as China is able to export more products than they import. Given the uncertainty of Growth globally (or should I say the double dip is imminent), it is not far away when Growth engine of emerging countries will also loose stream. For an investor, this situation is not at all encouraging.

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