It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Rohdan
Source
Source2
this is from a godlikeproductions user :
I'm working at the Deutsche Bank in Germany. Today we delivered 1 container with new Deutsche Mark notes and new coins. I will present a photo from the new banknotes tomorrow morning. The curencychange will be the night from Saturday to Sunday 5/16/2010. On Friday, 19.00 GMT Angela Merkel the germany chancelor, will speach to the german nation.
Starting from Monday each owner of an account can take 100 German Marks off. The conversion takes 2 weeks to use in an internal letter of the Federal Bank all large chains 2 weeks ago ago was written down, no EUROS indications more. Conversion until 1000 € 1:1 to DM savings balances are rerouted on blocked accounts and purged then. Debts are left in EUROS, cancel themselves then with the EURO decline. Salaries and rents are exchanged 1:1. Each bank employee had to sign a discretion warranty (immediate notice us reason!) Banks get today from 1 o'clock to 5th clock money supplied.
I thought I should share.and it's a good first thread I think
Song Seng Wun, Chefökonom der CIBM-GK Research in Singapore kommentierte die Aktion am Wochenende mit den Worten: “Es kauft etwas Zeit. Wir wissen nicht ob es reicht. Sie versuchen den Eindruck zu erwecken, sie sind sich immer noch einig. Sie haben etwas Atemluft gekauft, aber das ist alles. Vielleicht verzögert es nur das Unvermeidliche, der Euro muss schlussendlich aufgegeben werden, das ist das schlimmste anzunehmende Szenario.
Originally posted by Rohdan
I'm not even sure if a sceanrio like this would be bad or good. I don't know much about financial stuff. I study social work which is the opposite of financial science
The proverbial is going to start flying anyway, don't know if it would be any worse if the Euro were to collapse.
look at greece....they're tryin to keep a system running that has obviously failed.why? tell me why
Originally posted by Freeborn
I didn't think you meant me and reading my reply I don't think I conveyed my intended jocular tone very well.