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re: Germany leaving the Euro instead of Greece rationale

Posted on 6/20/12 at 7:37 pm to
Posted by night83
Member since Jun 2012
656 posts
Posted on 6/20/12 at 7:37 pm to
SO basically...

now that France is moving to the left, Germany won't have the leverage by itself to call the austerity shots for all of Europe. And thusly they will take a short term economic hit and switch back to the DM, taking control of their own destiny.

I forget who said it but I recall a quote "Germany is too big for Europe but too small for the world."

Sounds like it could work out for Germany, they are a disciplined people with strong labor unions and social safety net. It seems natural to move towards isolationism.
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