Wednesday, June 22, 2011

IN GERMANY, doubts about the Euro are starting to spread very quickly:
This graph has been published today in the Frankfurter Allgemeine Zeitung and shows clearly which are the countries that more benefit got from the common currency and which ones the less (average increase of GDP in the observed decade, from 1990 and 1998 and from 1999 and 2010). Clearly Germany has been “almost” the most damaged (or less benefited) by the new currency.

And which were the countries that higher profit got? Yes, the countries that now are going to kill their golden eggs hen: Ireland, Greece and… Spain.