Germany abandoned the Deutschemark in 2002 when it joined the single currency.
The theory is that Germany's exit would prompt a steep fall in the euro, which would go some way to restoring the competitiveness of Germany's debt-strapped neighbors including Spain, Portugal, Greece and Ireland. Exports would rise, allowing them to put money aside to pay their debts and to service the future needs of their ageing populations.
In time, he said, Germany could consider rejoining the euro after a correction in the region's economic imbalance."
"There's no future for any country that is in the sort of mess that these countries are in -- they need the protection of the eurozone," he said.
"It is much more feasible for Germany to say, 'Hey guys 28 percent of our GDP -- and it is growing as a percentage now - is in exports that go outside Europe or outside of the eurozone. (Moi ici: Para empresas que operam no quadrante D o preço é um qualifier não um order-winner) So what do we have to lose by coming out?'"
And remember that German debt is in euros so if the Germans went back to the mark it would be much cheaper for them to pay," he added."
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