tag:blogger.com,1999:blog-19769829.post2790608721175161615..comments2024-02-09T19:44:17.241+00:00Comments on AngloAustria: Is the ghost of Weimar about to slay the Euro?Jack Maturinhttp://www.blogger.com/profile/00903651577858853608noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19769829.post-71271974825557157692009-03-04T19:55:00.000+00:002009-03-04T19:55:00.000+00:00Let us see what the horrors of the G20 meeting bri...Let us see what the horrors of the G20 meeting bring us.<BR/><BR/>I have no idea how this is going to end, except perhaps in farce and acrimony.<BR/><BR/>The whole 'governmental' world is looking to Brown's conference to be the be-all-and-end-all of this financial crisis.<BR/><BR/>But because we are all living with fiat currencies, there is no further way down except more of the same.Jack Maturinhttps://www.blogger.com/profile/00903651577858853608noreply@blogger.comtag:blogger.com,1999:blog-19769829.post-51728679593290205462009-03-04T19:03:00.000+00:002009-03-04T19:03:00.000+00:00Excellent post Jack.Personally I don't think the E...Excellent post Jack.<BR/><BR/>Personally I don't think the Euro will survive this crisis. Its inherently unstable. It lacks the political culture that currencies in nation states often have to suppor them and which helps them to weather such crises. As the economies across Europe worsen so European politics will be dominated by calls for more aid from the poorer nations. The richer countries will either tell the poor ones to bugger off or leave themselves.not an economisthttps://www.blogger.com/profile/08679610738502901666noreply@blogger.com