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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: carranza2 who wrote (94276)9/5/2012 12:06:40 PM
From: Haim R. Branisteanu  Read Replies (1) of 218474
 
On Sept. 12 the German constitutional court will rule on whether Germany can contribute to the ESM.

It would be insane to rule against the ESM - chaos will immediately ensue.
That is why laws are not enacted by machines but thinking people who reason (at least I hope). I am certain they will find some wiggle room in their decision.

What Europe need now is a more competitive currency until they will put their labor force in order increase worker mobility, introduce more flexibility in adjusting staff, and make the status of state employees’ fluid, changeable and by this increase competitiveness.

Presently a much stronger EUR will hinder the above and the EU will enter into a prolonged malaise.
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