posted on Nov, 26 2010 @ 06:07 PM
We have punched ourselves in the face, the problem is we many of us still haven't figured it out. But I disagree with Max on Germany being one of
the super powers. Locally yes, they will have a somewhat more stable economy than many in the old EU including the UK. The reason is Germany has
lent hundreds of billions to many of these banks in all these troubled countries, and their banks and country are on the hook to their citizens for
that money. It's the old saying that if you owe the bank 10,000 dollars it's your problem, but if you owe the bank 10 million dollars it's both
your problems to figure it out.