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It's becoming clear that there is only one sensible solution ahead of us as the Eurozone’s problems evolve: Germany and the other countries suited to a strong currency should leave. If they do, the European Central Bank (ECB) will be free to pursue the easy money policies recommended by Keynesians and monetarists alike. It's increasingly clear that Germany has no option but to behave like any creditor seeking to protect its interests – and do its best to defuse the growing resentment against her from the Eurozone’s debtors.
However, leaving the Eurozone is a political and legal, even seismic wrench, reversing decades of historical progression towards political and economic union.
2012-09-25 08:47:28
Source: http://www.peakprosperity.com/blog/79685/why-germany-exit-eurozone