howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
german property prices are rising at a great rate at the moment despite the summit not coming out with anything to give anyone the idea that there was a plan.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
so it's looking grim even for germany
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
don't think so keith property prices usually rise when the economy is going well.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
Another possibility is being discussed that I find unlikely.
That is a German exit from the Euro.
That would devalue the Euro but, I expect, not enough to stop Greece from exiting but may stop the contagion.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
disagree barry i think that germany will be the first of the bigger countries to leave the euro.
wouldn't like to set a timescale but at present the people are 50/50 on returning to the deustchemark and in recent regional elections the ruling party got hammered despite mrs merkel having a very high poll rating.
if i was a german tax payer i would be completely miffed if i was told to swallow austerity measures while money is found to bail out greece.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
barry,i agree with you about the uk going under for not going onto plan b.bring some tax cuts in [vat espesly],then let all hell break loose.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Might be Merkel's only hope of re-election. It is something I suggested as a possibility about 2 years ago.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson