Gold exchange-traded funds mushroom in India

Michael I do not wish to be rude but your article is not correct in stating that the ECB should keep the printing preesses going. Yes bank rate can be lowered in the Eurozone but the ECB cannot print Euros; the Gerrmans have expressly forbidden this as they fear inflation from past experience. The strength of their feeling is demonstrated by the fact that such a loose money policy (printing) would devalue the Euro and the main benefiary of this would be German exports. The problem with the Euro is that it has not and will not work in its present form (and maybe never) but the Europhiles cannot accept this and therefore refuse to countenance any 'solution' that does not accept the long run existence of the Euro - dogma before reason. They therefore will continue to pursue a policy that will make the position worse. The German population will not accept that they should continue to pay the debts incurred by Greece, Italy, France et al. Until it is accepted that all countries inh the EU must have equivalent productivity before a unified currency can work there is no hope of a solution. Hoping that a 'solution' will come quickly is pie in the sky.

Michael I do not wish to be rude but your article is not correct in stating that the ECB should keep the printing preesses going. Yes bank rate can be lowered in the Eurozone but the ECB cannot print Euros; the Gerrmans have expressly forbidden this as they fear inflation from past experience. The strength of their feeling is demonstrated by the fact that such a loose money policy (printing) would devalue the Euro and the main benefiary of this would be German exports. The problem with the Euro is that it has not and will not work in its present form (and maybe never) but the Europhiles cannot accept this and therefore refuse to countenance any 'solution' that does not accept the long run existence of the Euro - dogma before reason. They therefore will continue to pursue a policy that will make the position worse. The German population will not accept that they should continue to pay the debts incurred by Greece, Italy, France et al. Until it is accepted that all countries inh the EU must have equivalent productivity before a unified currency can work there is no hope of a solution. Hoping that a 'solution' will come quickly is pie in the sky.