11.10.2012, 17:25
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#1 |
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Administrator
Join Date: 08.03.2005
Posts: 3,173
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Growth Warning: Top German Economists Say Greece Is Lost
Several top German economic institutes on Thursday warned that German growth is slowing as the country continues to be hampered by the ongoing euro-zone debt crisis. And Greece, they say, will be unable to "free itself from its debt burden" and will need another haircut.
http://www.spiegel.de/international/...-a-860793.html |
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11.10.2012, 21:31
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#2 |
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Join Date: 13.02.2012
Posts: 59
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Growth Warning: Top German Economists Say Greece Is Lost
This warning is being aired since long but who cares. When power and brakes of railway engine of a a moving train fail, the train with engine keeps on moving to a distance because of its previous force gained due to speed of mobility. However then comes a point where it finally halts. So will happen with Germany and other debt infested countries. Germany so for is engine and other infested countries are compartments of train. Gradually power and brakes of engine are wearing out. Finally when engine fails one has to wait.
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12.10.2012, 04:24
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#3 |
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Join Date: 17.08.2012
Posts: 6
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The assessments make no sense! Obviously, a haircut will result in bigger losses for the lenders. Of course, it is the right solution, but the hypocrisy of "non-forgiveness" is amazing and persists. Spain is coming... No way out.
The real results of institutes' evaluations are a strained hand showing Germany the way out of the eurozone! No one is saying it with its name yet, but that's what it is. ...and it will not avoid recession for Germany --not for more than a year! One wonders if, postponing German exit until after the German elections, and what this entails (next loan tranche to Greece, Spanish memorandum and ECB OMT), could throw Germany into a political situation similar to the one Greece or Spain is today..... |
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12.10.2012, 04:27
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#4 |
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Join Date: 17.08.2012
Posts: 6
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Hypocrisy in the center of the mess Germany is creating...
The assessments make no sense! Obviously, a haircut will result in bigger losses for the lenders. Of course, it is the right solution, but the hypocrisy of "non-forgiveness" is amazing and persists. Spain is coming... No way out.
The real results of institutes' evaluations are a strained hand showing Germany the way out of the eurozone! No one is saying it with its name yet, but that's what it is. ...and it will not avoid recession for Germany --not for more than a year! One wonders if, postponing German exit until after the German elections, and what this entails (next loan tranche to Greece, Spanish memorandum and ECB OMT), could throw Germany into a political situation similar to the one Greece or Spain is today..... |
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14.10.2012, 21:12
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#5 |
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Join Date: 14.10.2012
Posts: 1
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surely you have to be naive
stop this racist propaganda and get a life as a european human being instead of a european australopithicus |
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