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Surely the Germany economy is massively strong?
Doesnt it come down to how much the German people are willing to keep bailing out the Eurozone's weaker economies to maintain Germany's export markets?
Spain has shown some sign of strengthening its position, but there seems to be a kind of inevitably about the whole thing going from one country to the next... which is surely the risk when nations place their fate in the blind violence of the invisible hands and the spivs and speculators of international money markets?
I guess my own view is the Euro must fail of be split, because there is simply no political will for the richer nations to fund the poorer ones (in the same was as say London tax returns fund publis services in rural wales).., and because the poorer countries cant devalue their currency now there'sno way out for them.
If, as you suggest, Germany was literally to default... well I think enough other countries would have to default to get there, we would have seen the complete collapse of international capiltalism. I wonder how close we really were when RBS was on the brink two years ago... maybe there is still a chance?
Maybe thats what all those 2012 things refer to! The final collapse of capitalism!
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"Do not tell lies, and do not do what you hate,
for all things are plain in the sight of Heaven. For nothing
hidden will not become manifest, and nothing covered will remain
without being uncovered."
The Gospel of Thomas
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