UK Karting - Notice Board (General Karting) : Why Germany has been funding the Euro!

Notice Board (General Karting)

Why Germany has been funding the Euro!
Posted by 'itpro' on 25 May 2012 @ 00:27

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itproJoined: August 2001
Total Posts: 6
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Look at it logically.

Greece (Italy, Ireland, Spain & Portugal) have been basket cases and have thus REDUCED the exchange rate of the Euro. If any (or all) of those fall out or are chucked out of the Euro, then they will no longer be a causing the Euro exchange rate to be held back.

The Euro will then RISE to a much higher level, reflecting more of the true value of the 'Deutch Mark'..... which will make Mercs, Porsches, BMWs, Rotaxes (Austria) et al. rise which will make German exports unsaleable in rest of the world.... Those German exports have been being sold are ARTIFICIALLY LOW prices (on the world market).... but no one seems to want to admit that!

Have you ever wondered WHY Germany has been even willing to CONSIDER keeping the P.I.I.G.S. countries IN the Euro and why they are willing to throw BILLIONS at the project????!!! If the P.I.I.G.S go ..... Germany's boom period is OVER!

So.... unless your engines/chassis are made in Portugal or Greece (etc.) they won't get much CHEAPER if/when Greece is pushed/jumps!

Ian

Message Thread:

The euro by 'joe9o' (24 May 2012 @ 22:39)

Re: The euro by 'John' (24 May 2012 @ 23:04)

Re: The euro by 'BanzaiBoy' (25 May 2012 @ 0:24)

Why Germany has been funding the Euro! by 'itpro' << You are here!

Re: Why Germany has been funding the Euro! by 'mini60matt' (25 May 2012 @ 1:30)

Re: Why Germany has been funding the Euro! by 'MattScott' (25 May 2012 @ 7:39)

Re: Why Germany has been funding the Euro! by 'itpro' (25 May 2012 @ 10:18)

Re: euro prices by 'kai' (25 May 2012 @ 12:00)

Re: euro prices by 'joe9o' (25 May 2012 @ 21:35)

Re: euro prices by 'itpro' (26 May 2012 @ 0:24)

Re: euro prices by 'QuickOldTimer' (26 May 2012 @ 21:32)

Re: euro prices by 'mini60matt' (27 May 2012 @ 0:43)

Re: euro prices by 'QuickOldTimer' (27 May 2012 @ 10:01)

"No more boom and bust".... Mr Brown. by 'itpro' (27 May 2012 @ 1:38)

For completeness..... and to avoid doubt! by 'itpro' (27 May 2012 @ 1:46)

Re: For completeness..... and to avoid doubt! by 'TanglerTKM' (27 May 2012 @ 9:47)

Re: For completeness..... and to avoid doubt! by 'itpro' (27 May 2012 @ 19:29)

Re: by 'QuickOldTimer' (27 May 2012 @ 9:54)

Re: euro prices by 'SimonS' (27 May 2012 @ 10:14)

Re: euro prices by 'mini60matt' (27 May 2012 @ 18:45)

Re: euro prices by 'itpro' (27 May 2012 @ 19:35)

Re: euro prices by 'SimonS' (27 May 2012 @ 20:37)

Re: euro prices by 'itpro' (28 May 2012 @ 0:09)

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