They don't like it up 'em

...one should not underestimate the willingness of the continental European political elites to inflict pain on their peoples in pursuit of what they see as ‘the greater good’.

So just do it, without warning.

Being just one piece of advice in a long list, in a must-read ASI article on How to leave the Euro.

They don't like it up 'em

German Marks re-printed in preparation for collapse of the Euro?

(Click to enlarge)

The collapse of the Euro has been predicted by Ambrose Evans-Pritchard for some time, and now, speculation (pardon pun) is gathering pace as people begin to grasp that the massive Greek bailout is but a mere sticking plaster. It merely buys time.

Most pundits (Bob Chapman amongst them) believe that the Euro is toast and that Greece will never be able to repay its debts, even if its loans are restructured.

Germany would be hit harder than any other nation, should Greece default - or any of the PIGS, and for this reason, there is speculation that it has begun printing German Marks.

Related:

• German windfall profits from exiting the Euro

Cross-posted

German Marks re-printed in preparation for collapse of the Euro?