Some large brokers in Europe were testing their systems this
weekend for a potential return to the Drachma. This was publicized
on Bloomberg. I would assume they'd also test the Deutsch Mark. Get
your Euro souvenirs here. Mounted and framed.
and a possibly leak would be devastating for the moral in
EU.
Euro-money is 92% electronic money. Coins and notes are not any
big problem in a break up. More interesting that ICAP PLC, which
operates the biggest system for enabling trades between banks,
yesterday said that it is preparing electronic-trading systems for
a possible exit by Greece, introducing the New Drachma. Good to do
some practice before a major break up...
WAKE UP Germany printing Deutsche Marks
Posted by FIGO on 28th of Nov 2011 at 12:20 pm
WAKE UP
oh boy oh boy didnt we talk about it the possebility of some Eu Countries returning to the national currencys ?
Germany printing Deutsche Marks, British Foreign Office warns of euro chaos
http://www.arabianmoney.net/us-dollar/2011/11/27/germany-printing-deutsche-marks-british-foreign-office-warns-of-euro-chaos/
Some large brokers in Europe
Posted by klatuu on 28th of Nov 2011 at 01:12 pm
Some large brokers in Europe were testing their systems this weekend for a potential return to the Drachma. This was publicized on Bloomberg. I would assume they'd also test the Deutsch Mark. Get your Euro souvenirs here. Mounted and framed.
ArabianMoney is news source for
Posted by parkridge77 on 28th of Nov 2011 at 12:28 pm
ArabianMoney is news source for D-mark printing- wondering if that is main stream media ? trying to gau ge journalistic credibility- anyone know?
Not probable - too many indviduals involved in such an operation
Posted by lebow on 28th of Nov 2011 at 01:01 pm
and a possibly leak would be devastating for the moral in EU.
Euro-money is 92% electronic money. Coins and notes are not any big problem in a break up. More interesting that ICAP PLC, which operates the biggest system for enabling trades between banks, yesterday said that it is preparing electronic-trading systems for a possible exit by Greece, introducing the New Drachma. Good to do some practice before a major break up...
Leading FT columnist gives EU a 10 day make or break window...
Posted by lessarda on 28th of Nov 2011 at 01:24 pm
may be hyperbole, maybe not. I continue to think the banking crisis could accelerate quickly there. Keeping things light and quick.
Similar rumors floating about Greece & the drachma
Posted by lessarda on 28th of Nov 2011 at 12:24 pm