Is the end nigh for the Euro? [vol. 3]

[Blackpuddin]

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

[loafer123]

Blackpuddin said:

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

A massive discount in currency which means its exports are competitive.

Funnily enough, we just achieved the same thing, but lots of people seem cross...?

[Blackpuddin]

loafer123 said:

Blackpuddin said:

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

A massive discount in currency which means its exports are competitive.

Funnily enough, we just achieved the same thing, but lots of people seem cross...?

Yes, funny that.

[LongQ]

Going back to Italy, Mr. De Longhi and his required investment before he could get a loan .....

surely he could have negotiated a barter deal and offered a couple of toasters and a coffee machine instead?

A trick missed I think!

[V8RX7]

loafer123 said:

Blackpuddin said:

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

A massive discount in currency which means its exports are competitive.

Funnily enough, we just achieved the same thing, but lots of people seem cross...?

Except Germany is a net exporter and we are a net importer.

[loafer123]

V8RX7 said:

loafer123 said:

Blackpuddin said:

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

A massive discount in currency which means its exports are competitive.

Funnily enough, we just achieved the same thing, but lots of people seem cross...?

Except Germany is a net exporter and we are a net importer.

Seriously?

A key reason they are a net exporter is their currency is being held artificially low by their uncompetitive fellow Euro countries.

We have just seen our own devaluation, which should help us to achieve significant increases in exports to reach a balance or even a net exporter status, but it isn't instantaneous.

[V8RX7]

loafer123 said:

V8RX7 said:

loafer123 said:

Blackpuddin said:

Anybody know why Germany isn't Grexiting? What does Germany get out of the EU and the euro? Apart from grief?

A massive discount in currency which means its exports are competitive.

Funnily enough, we just achieved the same thing, but lots of people seem cross...?

Except Germany is a net exporter and we are a net importer.

Seriously?

A key reason they are a net exporter is their currency is being held artificially low by their uncompetitive fellow Euro countries.

We have just seen our own devaluation, which should help us to achieve significant increases in exports to reach a balance or even a net exporter status, but it isn't instantaneous.

Seriously ???



|http://thumbsnap.com/U0vbAXQ2[/url][url]

|http://thumbsnap.com/O1SKCOSl[/url]

Edited by V8RX7 on Saturday 26th November 17:52

[wc98]

V8RX7 said:

Seriously ???



|http://thumbsnap.com/U0vbAXQ2[/url][url]

|http://thumbsnap.com/O1SKCOSl[/url]

Edited by V8RX7 on Saturday 26th November 17:52

seriously yes . the euro came into being in 1999. as evidenced by the beginning of the increase in german exports on the chart you kindly provided.

[LongQ]

wc98 said:

V8RX7 said:

Seriously ???



|http://thumbsnap.com/U0vbAXQ2[/url][url]

|http://thumbsnap.com/O1SKCOSl[/url]

Edited by V8RX7 on Saturday 26th November 17:52

seriously yes . the euro came into being in 1999. as evidenced by the beginning of the increase in german exports on the chart you kindly provided.

The beginning of the notable rise in the German graph also roughly co-incides with Re-unification (Oct 1990 so beginning to be visible a few years later ... once they had accepted the inward investment that saw the demolition of a lot of old tech (very old) factories in the East (also good for CO2 emission negotiations) and the replacement of that capacity (if you could call it that) and more with new modern plant. I recall reports that quite a few large British companies were investing (often, in fact usually) in partnerships with others in the upgrades.

Presumably that meant they were using money not invested in the UK. A factor that may be evidenced by the other graph?

[anonymous-user]

Yes, the euro allowed Greeks (and others) to borrow more cheaply to buy bmws

[jjlynn27]

Andy Zarse said:

jjlynn27 said:

from the start of this thread

Andy Zarze said:

The Euro will stagger on for another year or so. From day one I said this will take years to unravel, and origianlly punted 2014 as Euro D(estruction) Day. I have no reason to change my mind, though I can't now see it happening before that.

This thread just keeps giving.

So tell us, how do you think the Eurozone is doing? Is the crisis over? Are they all happy campers? Have the contradictions of its construction being resolved?

You could also type something like; 'Yes, I was talking, as usual, out of my ass, as, quite clearly, D Day didn't happen and the euro is still here 5-6 years later after start of this, quite ridiculous thread'.

[B'stard Child]

jjlynn27 said:

Andy Zarse said:

jjlynn27 said:

from the start of this thread

Andy Zarze said:

The Euro will stagger on for another year or so. From day one I said this will take years to unravel, and origianlly punted 2014 as Euro D(estruction) Day. I have no reason to change my mind, though I can't now see it happening before that.

This thread just keeps giving.

So tell us, how do you think the Eurozone is doing? Is the crisis over? Are they all happy campers? Have the contradictions of its construction being resolved?

You could also type something like; 'Yes, I was talking, as usual, out of my ass, as, quite clearly, D Day didn't happen and the euro is still here 5-6 years later after start of this, quite ridiculous thread'.

Never underestimate the guile of politicians who do not want to have their noses pulled from the trough

All these things take time....

[V8RX7]

wc98 said:

V8RX7 said:

Seriously ???



|http://thumbsnap.com/U0vbAXQ2[/url][url]

|http://thumbsnap.com/O1SKCOSl[/url]

Edited by V8RX7 on Saturday 26th November 17:52

seriously yes . the euro came into being in 1999. as evidenced by the beginning of the increase in german exports on the chart you kindly provided.

Ignoring of course that they have had a surplus in most years since the 60's and we've had a deficient in most years - but NOW we've devalued (which we could have done at any time) we're going to produce a surplus.

[LongQ]

jjlynn27 said:

Andy Zarse said:

jjlynn27 said:

from the start of this thread

Andy Zarze said:

The Euro will stagger on for another year or so. From day one I said this will take years to unravel, and origianlly punted 2014 as Euro D(estruction) Day. I have no reason to change my mind, though I can't now see it happening before that.

This thread just keeps giving.

So tell us, how do you think the Eurozone is doing? Is the crisis over? Are they all happy campers? Have the contradictions of its construction being resolved?

You could also type something like; 'Yes, I was talking, as usual, out of my ass, as, quite clearly, D Day didn't happen and the euro is still here 5-6 years later after start of this, quite ridiculous thread'.

Interesting.

So what is your alternative forecast for the Euro for, say, the next 6 to 10 years?

Maybe you could start a new thread?

Something along the lines of how successful the Euro is and a prediction of when it become an alternative trusted currency with the reputation for survival of, for example, the US Dollar?

[skyrover]

Junker refers to Castro as a "hero"

The EU showing it's true colours again.

http://www.politico.eu/article/vladmir-putin-fidel...

[FN2TypeR]

skyrover said:

Junker refers to Castro as a "hero"

The EU showing it's true colours again.

http://www.politico.eu/article/vladmir-putin-fidel...

"a man who was a hero to many".

Seems like a reasonable and truthful statement to me.

[jjlynn27]

LongQ said:

jjlynn27 said:

Andy Zarse said:

jjlynn27 said:

from the start of this thread

Andy Zarze said:

The Euro will stagger on for another year or so. From day one I said this will take years to unravel, and origianlly punted 2014 as Euro D(estruction) Day. I have no reason to change my mind, though I can't now see it happening before that.

This thread just keeps giving.

So tell us, how do you think the Eurozone is doing? Is the crisis over? Are they all happy campers? Have the contradictions of its construction being resolved?

You could also type something like; 'Yes, I was talking, as usual, out of my ass, as, quite clearly, D Day didn't happen and the euro is still here 5-6 years later after start of this, quite ridiculous thread'.

Interesting.

So what is your alternative forecast for the Euro for, say, the next 6 to 10 years?

Maybe you could start a new thread?

Something along the lines of how successful the Euro is and a prediction of when it become an alternative trusted currency with the reputation for survival of, for example, the US Dollar?

I don't have a prediction. If I did, I would play FX.

[jjlynn27]

skyrover said:

Junker refers to Castro as a "hero"

The EU showing it's true colours again.

http://www.politico.eu/article/vladmir-putin-fidel...

Juncker says something, and that's EU, not Juncker, 'showing it's true colours'. That was not stupid thing to type at all. In a thread about Euro.

[LongQ]

jjlynn27 said:

LongQ said:

jjlynn27 said:

Andy Zarse said:

jjlynn27 said:

from the start of this thread

Andy Zarze said:

The Euro will stagger on for another year or so. From day one I said this will take years to unravel, and origianlly punted 2014 as Euro D(estruction) Day. I have no reason to change my mind, though I can't now see it happening before that.

This thread just keeps giving.

So tell us, how do you think the Eurozone is doing? Is the crisis over? Are they all happy campers? Have the contradictions of its construction being resolved?

You could also type something like; 'Yes, I was talking, as usual, out of my ass, as, quite clearly, D Day didn't happen and the euro is still here 5-6 years later after start of this, quite ridiculous thread'.

Interesting.

So what is your alternative forecast for the Euro for, say, the next 6 to 10 years?

Maybe you could start a new thread?

Something along the lines of how successful the Euro is and a prediction of when it become an alternative trusted currency with the reputation for survival of, for example, the US Dollar?

I don't have a prediction. If I did, I would play FX.

There is a subtle difference between a forecast, which is what I wrote, and a prediction.

A forecast, is always likely to be wrong but sets out to be somewhere as close as possible to the direction of the likely result. That's what I thought you may like to offer as an alternative discussion to this thread.

If you were to play fx based on a forecast you would probably be looking at a long term position. If so it might be worth taking the time to become a market influencer rather than just player. They seem to be able to make things profitable while others pay.

[Digga]

I'll just leave this here: