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Old 8th December 2011 | 12:09
  #7 (permalink)  
flybymike
 
Joined: May 2001
Posts: 2,118
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Hello new boy.

I think the real reason Germany is desperate to hold onto the Euro is because they get a massive export advantage from the exchange rate at which they adopted it, currently resulting in ~50% of their GDP being exported. This has enabled them to make loads of money by flogging BMWs and Mercs to the newly-rich southern European countries who were having a fantastic Mexican party on the money they borrowed from German and French banks
So the Germans lent money to the Mexicans to buy German cars with?
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