Quote:
Originally Posted by g jones
The problem for the Germans is the Mediterranean nations devalue the Deutchmark.
The problems for the Greeks as I said to Bone and Nuttall, if your a Greek with a €100k and someone whispers Drachma, you shift your Euros to a bank outside of Greece. The question is if everyone thinks the same, what happens to the Drachma and the Greek economy, Greek banks? Can any of them survive? Will the position not be cataclysmic compared to where they are now? A run on the Drachma that would resemble a run on the Zimbadwean currency?
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Well at least we know you haven't disappeared of the face of the earth, even if your post was irrelevant, to today's financial fiasco in the euro zone