Surveys show that many Germans are worried about the future of the euro, but the country's political parties are not taking their fears seriously. The number of grassroots initiatives against the common currency is increasing, and political observers say a Tea Party-style anti-euro movement could do well.This is an interesting development. certainly not surprising. I have been negative about the Euro since the beginning of the experiment. The trend points to the final dissolution of the EU with Germany leaving.
The weak countries like Greece, Ireland,...joined because they liked the low level of interest rates designed to match Germany's economic strength. They took advantage of it.
Well, you know the conclusion. The markets always win.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest
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