Germany Quit Rumors Four &Nbsp; &Nbsp; Euro Will Be Destroyed.

The Global Trader Ultra model designed by ACF consulting firm simulates exactly how the Irish aid plan will affect the market.

Dr Lawrence Galitz, chief executive of the company, said: "at the beginning of the establishment of the euro, it was based on the synchronization of economic development in the euro area countries, but events in the past few years have shown that this is flawed."

"There is no doubt that Portugal and Spain will follow the footsteps of Ireland.

In addition, Italy also has a risk of default on its debt, which will be the last blow to Germany and France.

Galitz believes that the German people, the government and the economy will be overburdened after Merkel Merke's call for a revision of the European Union's covenant. Germany is likely to decide to withdraw from the euro zone, Angela.

Galitz said: "when it came to Greece, Germany showed its attitude and is now increasingly reluctant to provide aid."

"If fear continues to spread, Germany is unwilling to hold bonds issued in euros, which will be a huge disaster for the euro and the euro area.

Unless the German deficit can be suppressed, the euro area's economic structure will be destroyed, and Germany is likely to restart Mark as the currency of the country.

Even if Ireland's aid amounted to 90 billion euros, it would not be enough to calm the market, and market fears would destroy another country.

Galitz has also proposed other financial reform proposals, including the implementation of the Basel agreement III, to reduce bank profits, and in the next few years, it may be able to see the results of the reform.

"When the Basel agreement comes into operation, the banks and the economies of all countries are safe. If the agreement is to be introduced earlier, the Northern Rock of III will no longer exist, and the Irish economy will not be in a predicament today," Innocent said.

There is nothing more obvious about the deterioration of the euro area's economic situation than the euro area PMI.

It can be seen from the purchasing managers index of the euro area that the core countries of the euro area, France and Germany, are becoming more and more different from other countries.

Germany's economy rebounded rapidly from the great depression.

The quarterly report of PMI shows that the German economy will further increase.

Compared with other countries, France's financial situation has been slightly damaged, and it has also recovered rapidly from the economic downturn, and its output has expanded significantly.

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Despite this, economists still expect German economic growth to decline next year under the influence of tight fiscal measures.

Ireland, Portugal and Spain are very different in the eurozone periphery.

The current situation reminiscent of the last few days of Britain's European Exchange Rate Mechanism in 1992, when the Bundesbank refused to provide any help to former British Treasury Secretary Lamont (Norman Lamont) by cutting interest rates.

Coincidentally, all countries in the G20 summit urged Germany to take action to deal with the surging trade deficit, but Germany strongly opposed it.

In fact, Ireland and other euro zone periphery countries are at risk, and bond yields and guarantee costs are rising again, which is probably not a worry for Germany.

The German government is worried that the European Central Bank may provide commercial bank debt guarantees, resulting in increased inflation.

This is why Axel Weber, Germany's central bank governor, is eager to serve as the next president of the European Central Bank.

To provide assistance to the banking system of Ireland and other countries without proper debt restructuring, we can only accumulate more problems.

In Ireland, only the holders of stock market and subordinated debt are hit, and holders of senior debt should not be spared.

It is not just Ireland that needs to be aware of this. Spain says it has restructured the banking system and reduced the number of savings banks from 45 to 20.

But whether this will make Spain's banks succeed is not yet known.

at present