Eventually the euro will be abolished, a Northern Euro introduced: politicians and their economic advisors might just be waiting for a calm moment, especially with upcoming German inflation.
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Category Archive: 2.) Euro Exit
4 Different Solutions for the Euro Crisis: Can it Be the Northern Euro? A Discussion
The discussion about the future of the Euro: Among a Post-Keynesian, a European Etatist, an Austrian economist and an advocate of a Northern Euro on the French website www.atlantico.fr. The French paper is asking: “Sommet européen : créer un euro du Nord est-il le seul moyen de sauver l’Europe de l’austérité ?” Is the creation of …
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Das Beste von Ludwig Poullain: Das Ende des Euros, der Beginn des Nordeuros
Ludwig Poullain: Das Ende des Euro rückt näher. Er treibt Völker wieder auseinander. Neid, Missgunst, Verachtung, selbst Hass sind wieder lebendig geworden.
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Eurobonds, fiscal or banking union are all pure utopia
Germany’s stance in the euro crisis: More than ESM will not be possible for many years updated on August 31, 2012 German politicians and the German Bundesbank believe that the Euro crisis can be only solved by supply side reforms as formulated in the Euro Plus Pact, reforms that were already successfully introduced during the Thatcher/Reagan era in the …
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All roads lead to a euro zone break-up
For us all roads lead to a euro zone break-up and multiple sovereign defaults. Our reasoning can be summarized as follows: Equities are worthless when associated debt becomes encumbered (risk capital takes the first loss). Equity is not an asset; it is merely the remainder that is left over once debt is subtracted from …
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The Northern Euro introduction: A retrospective from the year 2030
A retrospective from the year 2030 on two decades of failed european integration policy and 10 years of successful disintegration policy The following essay shows that currency regimes come and go over the time. Nothing is stable with the time, especially the use of a currency. What has never happened in history is the use …
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