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<blockquote data-quote="Hubrat98" data-source="post: 726471" data-attributes="member: 23573"><p>I got the info from CNBC. They also said the same thing Klein said, Germany's age is 67. </p><p></p><p>Doomed might be to strong of a word, but with so many different countries with differing views on fiscal and monetary policies I see problems in the future. I agree that their currency has been stable for years but this is the first, and most likely not the last time a powerhouse like Germany is going to have to take out their wallets to bail out a country that can't even begin to help itself. Also, the EU had a larger GDP in 2009 than the US according to the IMF <a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)" target="_blank">http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)</a>. </p><p></p><p>What happens to the value of the Euro when countries like Germany get tired of "sucking it up" and return to their former currencies?</p></blockquote><p></p>
[QUOTE="Hubrat98, post: 726471, member: 23573"] I got the info from CNBC. They also said the same thing Klein said, Germany's age is 67. Doomed might be to strong of a word, but with so many different countries with differing views on fiscal and monetary policies I see problems in the future. I agree that their currency has been stable for years but this is the first, and most likely not the last time a powerhouse like Germany is going to have to take out their wallets to bail out a country that can't even begin to help itself. Also, the EU had a larger GDP in 2009 than the US according to the IMF [URL="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)"]http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)[/URL]. What happens to the value of the Euro when countries like Germany get tired of "sucking it up" and return to their former currencies? [/QUOTE]
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