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They are about to find out. After such a rupture they will no longer be able to be certain about the value of payments they receive from trading partners in much of Europe and the Deutchmark will be very strong and thus an impediment to German exports. But defending the euro requires political vision and courage, both of which seem to be lacking.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Sun Apr 10th, 2011 at 03:15:12 PM EST
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