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ALLIANCE FO§ DEMOCRACY
bombLetter to the IMF relation to the
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The Euro is hardly popular any more

On Tuesday 9th April 2013, the “Handelsblatt” reported that the Euro was clearly more desirable than ever as a currency. This information disseminated as a fact is baffling, since only a few months ago, half of the people of Germany rejected the Euro.
As already shown by the example of surveys which repeatedly portray Angela Merkel as the saviour of the Euro, and the one amongst the Chancellors and Chancellor candidates who is capable of managing the crisis, the following also applies to the current survey (Forsa): What was the actual question.
The question put to the Germans was apparently whether the Germans wanted to have the Deutschmark back again as the national currency. 69% of those surveyed answered “No” to this question. It is however nothing more than journalistic propaganda to infer from this figure any fundamental approval for the Euro. To then relate it to the exchange rate of the Euro, which is currently improving, is also nonsense. Only three months ago, the opinion was that the exchange rate of the Euro should not increase, since this would cause a currency war. So-called finance experts also thought it possible that a strong Euro could unsettle the markets. Nothing of the sort happened of course, although it all goes to show: The election battle cannot get past the “Handelsblatt” either. Different questions would have come up with different results. Fewer people would for example have been in favour of the Euro if they had been asked: Are you in favour o f the Euro even if it continues to decline in purchasing power? That would have been the right question to ask; but the answer would not have been sufficient for Merkel’s electioneers to want to read it in a newspaper. Poppycock!
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