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ING Groep N.V. Message Board

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  • jpomper jpomper Aug 25, 2011 1:13 AM Flag

    JP>>>>

    Hi Sam,
    1.)I checked NBG board, and found it irrelevant. Looks like paid bloggers write emotional one-line sentences against each other. Dont read them.

    2)Check spiegel.de and lemonde.fr if you want realistic picture on EU. Forget the US papers.

    3) To save the Euro means to save Greece and stabilize PIIGS. All other leads to a catastrophic endgame (including revival of 100 years old economic and financial conflicts) nobody wants.

    4)This will cost money the german taxpayer may not like; but NOT to save the Euro will cost much more. Plus will erode the stability of Europe (and the world) those nations worked for in the last 50 years. The common currency is not continous happyness, its is sometimes burden too....and the responsible politicians and people know that.

    5)Nobody can save the euro with any plan in one strike for Friday. This goes step by step, but will happen. It lasts many months maybe years, and not according to the urgencies of daily news agencies.

    Europe will become more German and Germany will become more European in this process. The PIIGS nations will learn to save and to conserve, the Germans will learn more tolerance to southern spending habits.

    There are now a lot of politicians, journalist and hedgefund managers who want and do make money and collect votes on newslines for resisting to reason. A long lasting crisis clouds the future for many millions in Europe. I think by the end of this year the road ahead leading out of this mess will be mostly behind us. The Savers of Euro will prevail.

 
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