Buchanans' macro prediction for 2011:
 

The eurozone will fail, the euro will be dead.

He stated this on the McLaughlin Group.

Pete

It probably should, but it won't IMHO. Too much water under the bridge at this point.

That was my thought too - too much invested. Plus, it's important from a ww3 point of view.

Pete

Naw.

Dave

Germany alone has enough cash to bail them out.

Yes the Germans may have enough to bail them out, but Frau Merkl would be removed from office being dragged behind a fleet of VWs. Spain has been struggling for some time and is continuing to get worse. If they are unable to restructure their debt, they will be falling on extremely hard times. Italy is also not that far from falling deep into trouble.
It will be placed squarely upon the Germans and French to keep the Euro zone afloat.
I do think that they will be able to hold it off for some time, and as it has been discussed earlier, they have too much invested in the Euro ideal. That being said, I imagine a majority of Germans would support a move back to the Mark, even though at this point it's really not possible.

Exactly, DD.

Hate to tell you this Blue, but you have to pass the bar exam before you can use that avatar.:cool:

Regards,

D-Ray

Does that mean I can't use this?

https://www.prowinds.com/merchantman...Mouthpiece.jpg

Chas

Beside which who would the Germans sell all those VWs and BMWs to?