Wednesday, November 24, 2010

A Return to the Deutsche Mark?

This article is from UPI's Editor Emeritus, Martin Walker, draws you in from the opening paragraph ... It cannot be reported as fact, but rumor and logic suggest that a highly secret group of German officials is secluded in a discreet Frankfurt office suite and trying to draft a contingency plan for a return to the deutsche mark.

This is not far fetched, in fact I would say it is a real possibility. Why? The EU/IMF funds has already bailout Greece, Ireland should be next, with Portugal not to far behind. The question is will there be enough funds left over to bailout Spain? If not, then Germany would have to step in and I don't think the German population will support that move.

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