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Old 09-12-2011, 23:14   #328
Damien
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Re: Eurozone will collapse...

Quote:
Originally Posted by gba93 View Post
It's nice to think that Germany is supporting all the small, poor countries out of the kindness of their hearts, donating all their hard earned euros to bail out the Greeks, Spanisn, etc; totally committed to the european ideal ..... so why then are they printing Deutschmarks again ?
I didn't say they were doing it out of the kindness of their hearts. In fact if you read my post, it's the one you quoted, I quite clearly speculate into their motivation:

Quote:
Germany need the Euro to survive. This is why they are so involved. Their population isn't too keen on bailing out member states who could not manage their budgets and the German government would likely rather not bother if it were not for their own self-interest in keeping the Euro alive.
They are acting out of self-interest. This is what countries do when they engage in foreign diplomacy and Germany has a stronger hand than a lot of the EU countries, but that isn't sinister. All countries have their own interests at heart and attempt to do a deal.
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