Guide to save the euro

posted by
November 30, 2011
Casey Research
by Axel Merk  
Posted in Commentary

"We have long argued that it isn’t in anyone’s interest to leave the euro. Take Germany: a currency dragged down by weaker peripheral countries helps German exports. Germany is effectively operating with an artificially weak deutschemark. More importantly, if Germany were to leave the euro, money might be sucked out of the financial systems of weaker Eurozone countries and into Germany, thus exacerbating a collapse of the periphery." (11/30/11)  

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