From Armstrong Economics, by Martin Armstrong
In the Netherlands, the Forum For Democracy leader Thierry Baudet confronted Mario Draghi of the ECB asking that since he had said anyone leaving must pay the ECB and exit fee of whatever they owe, he said that since the Netherlands had €100bn surplus at the ECB they should get it back is others who owe the ECB must pay.
Mario Draghi stated bluntly, NO! In other words, the view at the ECB is what is yours is their’s and what is their is their’s. We have put together a very important report on the Euro covering all the issues and why it is really doomed.
While some analysts claim the Euro is here to stay, it is obvious that such people have no real insight or sources behind the curtain. The consequences of the failure to euro are far greater than anyone suspects.
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