Who would be hurt by the dissolution of the Euro? Greece or Germany?

ADR

What would happen if Germany got out of the EURO?

Most likely the euro would come to an end as every other country would move to restore its original currency and their central bank. The new DM would soon surge in value and this would make German exports less competitive than before. It would then lead to increased unemployment and a decrease of the trade surplus for Germany.

The current situation is what a lot of Germans feared from the start, but the hope was that the weaker countries would pull themselves up. If Germany left the euro, could the others continue wirth it? Probably not. There always been a north-south split in economic performance. The FT suggested a couple of days ago the split into a "northern euro" and a "southern euro" but I can't see this working either.

But when all's said and done, the euro is worth a lot more to the pound than it was when Britain was considering joining. (Then a euro was worth about 70p, now it's 85p.)

Nothing much. Just like nothing much happened when Britain didnt bother with it.

Nope.

central bank.

No they wouldnt. It would still have some real advantages even without germany.

Not necessarily.

Yes, but they managed fine even when the euro was much more highly valued.

Nope, it never did get that high in modern times except when it was absorbing east germany.

Nope, because german exports would still completely dominate european exports.

Tiddy Ogg wrote

Corse they could. But its much more likely that the basket case countrys would leave instead.

Corse it could work fine.

Thats not really that much of a difference.

You are such a wind bag. A strong tinge of implicit racism? WTF?

Imagine the tinge [sic] if and when Greece reschedules (which it never will, you lose).

And it wouldn't be racism, it would be bigotry.

Just for your erudition, Spain is the 9th largest

Right. You don't know Germans very well. They would rather buy a German product, even if it meant it was a jalopy when you drove it out of the showroom, than buy a Japanese brand. We'll add this to the long list of facts that you are unaware.

wind bag ramblings.

sket-case economies.

Maybe I need to be enlighten as to the meaning of the term "basket case economy"

in quite recent post war times

Probably more so than the UK that had rationing going into the '50's

Exactly right. Check the table again. Italy is 7th and Spain is

Non-basket economies have to make cars?? How many cars does Taiwan or Singapore produce?

SEAT is very large car company. Check their web site

It is. It is a specialist vehicle company

Well, you do not know much, do you? You have no idea about SEAT or about Spanish aerospace industry (which is an arm of the Airbus). Do you?

And you have decided this how???

Which delineates the extent of your knowledge of these countries

Not at all

So retiring early is not causing "basket case-ness" then?

And you know this how???

And what do you actually say???

What????