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<p>[QUOTE=&quot;InfleXion, post: 2709122, member: 29012&quot;]It&#039;s a double edged sword. Germany gets the benefit of export with a weakened Euro, but they also get stuck with buying PIGS debt (Ireland excluded now) as proxy to the ECB. Germany does the propping, basically funding the ECB.</p><p><br /></p><p>It&#039;s a horrendous design flaw to hold so many different economies hostage with the same currency, disallowing them the ability to create/destroy currency as it benefits their national economy. I can&#039;t imagine any rational economist would have advocated such an unwieldy bureaucracy.</p><p><br /></p><p>Both Germany and the rest of EU would be better off without the Euro, but then how would the Troika steal all their national treasures?[/QUOTE]</p><p><br /></p>

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