Germany Gains most from the Euro

Kapitan · 12-05-23, 01:30 PM

A DW News report (German news media) showing that Germany has gained the most prosperity since being in the Euro currency scheme, with France and Italy being some of the biggest losers.

https://www.dw.com/en/cep-study-germ...ion/a-47675856

All I am going to say and this is my own personal opinion is Thank goodness the UK was not part of the Euro (even though Major & Heseltine tried with he ERM debacle) and also that we are out of the EU.

Jimbuna · 12-05-23, 02:05 PM

Agreed

Catfish · 12-05-23, 03:23 PM

Some of you really think just of all Italy and Greece would be better off now without joining the Eu, or using the Euro as currency?

b.t.w. I take it you know what DW is

Skybird · 12-05-23, 05:08 PM

The same nonsense gets served ot the Germans since almost two decades to make them sit still while they keep the EU show running.

I just say Target-2. Germany has practically given European "partners" 2 trillion euros at its own expense, and the ECB has taken over these liabilities from the other countries. However, the ECB does not pay out Germany's claims, nor does it have to, because Germany was stupid enough to accept this construction. Or does anyone here seriously believe that Germany will ever see these funds again...?

Around 2 trillion. No joke. I've been saying that for years. The fairy tale of German financial exploitation of Europe was and is just that: a fairy tale. Or rather: resentment disguised as a fairy tale. They want to get even more out of Germany.

This whole Target mechanism is a criminal financial construction, the inventors should be persecuted.

mapuc · 12-05-23, 05:18 PM

The Danes and the Swedes has in two and in one referendum voted no to change our currency to Euro.

Markus

Kapitan · 12-11-23, 12:32 PM

Quote:

Originally Posted by Catfish

Some of you really think just of all Italy and Greece would be better off now without joining the Eu, or using the Euro as currency?

b.t.w. I take it you know what DW is

DW is akin to the BBC i.e publicly owned (for those that don't know)

12-05-23, 01:30 PM	#1
Kapitan Sub Test Pilot Join Date: Mar 2005 Location: UK + Canada Posts: 7,130 Downloads: 77 Uploads: 7	Germany Gains most from the Euro A DW News report (German news media) showing that Germany has gained the most prosperity since being in the Euro currency scheme, with France and Italy being some of the biggest losers. https://www.dw.com/en/cep-study-germ...ion/a-47675856 All I am going to say and this is my own personal opinion is Thank goodness the UK was not part of the Euro (even though Major & Heseltine tried with he ERM debacle) and also that we are out of the EU. __________________ DONT FORGET if you like a post to nominate it by using the blue diamond Find out about Museum Ships here: https://www.museumships.us/ Flickr for all my pictures: https://www.flickr.com/photos/131313936@N03/ Navy general board articles: https://www.navygeneralboard.com/author/aegis/

12-05-23, 02:05 PM	#2
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,452 Downloads: 63 Uploads: 13	Agreed __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

12-05-23, 03:23 PM	#3
Catfish Dipped Squirrel Operative Join Date: Sep 2001 Location: ..where the ocean meets the sky Posts: 17,765 Downloads: 38 Uploads: 0	Some of you really think just of all Italy and Greece would be better off now without joining the Eu, or using the Euro as currency? b.t.w. I take it you know what DW is __________________ >^..^<*)))>{ All generalizations are wrong.

12-05-23, 05:08 PM	#4
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,602 Downloads: 10 Uploads: 0	The same nonsense gets served ot the Germans since almost two decades to make them sit still while they keep the EU show running. I just say Target-2. Germany has practically given European "partners" 2 trillion euros at its own expense, and the ECB has taken over these liabilities from the other countries. However, the ECB does not pay out Germany's claims, nor does it have to, because Germany was stupid enough to accept this construction. Or does anyone here seriously believe that Germany will ever see these funds again...? Around 2 trillion. No joke. I've been saying that for years. The fairy tale of German financial exploitation of Europe was and is just that: a fairy tale. Or rather: resentment disguised as a fairy tale. They want to get even more out of Germany. This whole Target mechanism is a criminal financial construction, the inventors should be persecuted. __________________ If you feel nuts, consult an expert.

12-05-23, 05:18 PM	#5
mapuc CINC Pacific Fleet Join Date: Sep 2003 Location: Denmark Posts: 20,535 Downloads: 37 Uploads: 0	The Danes and the Swedes has in two and in one referendum voted no to change our currency to Euro. Markus __________________ My little lovely female cat