Is the end nigh for the Euro? [vol. 3]
Discussion
Andy Zarse said:
slow_poke said:
REALIST123 said:
What has membership of NATO got to with being in the EU?
What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
Exactly. You make my point for me.What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
PRTVR said:
Andy Zarse said:
slow_poke said:
REALIST123 said:
What has membership of NATO got to with being in the EU?
What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
Exactly. You make my point for me.What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
PRTVR said:
No he didn't, there is a big difference between being told what to do from Brussels and instigating a help package via our own democratic process, in the same way America,Canada or any other independent country could do.
Who says anything about being told what to do militarily by Brussels? That doesn't happen now, nor is it likely to change anytime soon.slow_poke said:
PRTVR said:
No he didn't, there is a big difference between being told what to do from Brussels and instigating a help package via our own democratic process, in the same way America,Canada or any other independent country could do.
Who says anything about being told what to do militarily by Brussels? That doesn't happen now, nor is it likely to change anytime soon.PRTVR said:
slow_poke said:
PRTVR said:
No he didn't, there is a big difference between being told what to do from Brussels and instigating a help package via our own democratic process, in the same way America,Canada or any other independent country could do.
Who says anything about being told what to do militarily by Brussels? That doesn't happen now, nor is it likely to change anytime soon.Condi said:
Do you think?! I disagree.
Considering that the whole of the Eurozone is terrified of writing off billions of Euros lost to Greece, many EU economies which are either in recession or only just out of it, high unemployment in Italy, Spain etc, I think we are defiantly winning!
If you take Germany in isolation and forget the basket case economies they share a currency with, then yes they are - and by some margin.Considering that the whole of the Eurozone is terrified of writing off billions of Euros lost to Greece, many EU economies which are either in recession or only just out of it, high unemployment in Italy, Spain etc, I think we are defiantly winning!
Their level of industrial planning and outward investment based on a strong trade surplice is a place the UK would love to be in.
slow_poke said:
PRTVR said:
slow_poke said:
PRTVR said:
No he didn't, there is a big difference between being told what to do from Brussels and instigating a help package via our own democratic process, in the same way America,Canada or any other independent country could do.
Who says anything about being told what to do militarily by Brussels? That doesn't happen now, nor is it likely to change anytime soon.Anyway here is a link
http://www.bbc.co.uk/news/world-europe-31796337
There are many more, it would appear the French and the Germans are all for it, so on past history we will protest and then go along with it.
Craigyp79 said:
Digga said:
he Cretan hillbillies still have a few vintage firearms - Schmeissers etc. - from the last lot.
Vintage? I was told that the shepherds up in the hills all had AK47s and the like! Guam said:
Is the way to fixing the Euro for Germany to leave it?
Bernanke seems to think so
http://www.telegraph.co.uk/finance/economics/11752...
Well, yes, but ... that would leave France, the Netherlands, Belgium/etc on the hook for the underperforming PIIGS at some point in the future. (Just a different date, and with rather smaller pockets to fix things.)Bernanke seems to think so
http://www.telegraph.co.uk/finance/economics/11752...
Cut loose the weaklings, integrate the stronger euro economies and consolidate the debt. Everyone else in a free trade area around the Republic of Euroland.
Why would Germany want to leave the Euro? Its their currency. They own it, they run it, they always have done.
Ive never understood why anybody thinks Draghi or Barroso or, well anyone who isn't German, has any say or control over the Euro. They don't, they never have - its that simple. And they sure as hell don't at the moment!
Ive never understood why anybody thinks Draghi or Barroso or, well anyone who isn't German, has any say or control over the Euro. They don't, they never have - its that simple. And they sure as hell don't at the moment!
DJRC said:
Why would Germany want to leave the Euro? Its their currency. They own it, they run it, they always have done.
Ive never understood why anybody thinks Draghi or Barroso or, well anyone who isn't German, has any say or control over the Euro. They don't, they never have - its that simple. And they sure as hell don't at the moment!
its hardly the best kept secret is it. I think France believe they have some say in the Euro poor sodsIve never understood why anybody thinks Draghi or Barroso or, well anyone who isn't German, has any say or control over the Euro. They don't, they never have - its that simple. And they sure as hell don't at the moment!
They sort of did under Mr Bruni...but only because he was blackmailing Angie that France was damn nr bankrupt unless she put her hands in her pockets to ensure countries which owed French banks didn't go bankrupt! Guess what happened to that policy once Mr Hollande arrived on the scene and the French banks had better balance sheets
Andy Zarse said:
PRTVR said:
Andy Zarse said:
slow_poke said:
REALIST123 said:
What has membership of NATO got to with being in the EU?
What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
Exactly. You make my point for me.What would stop a nation outside of the EU 'pitching in to help' if the scenario you imagine were to be realised?
They turn up wearing little embroidered waistcoats, teensy party frocks, white tights, and ballet shoes (with pom poms) and then the enemy dies in their hundreds.......from laughing
Still, some of our uniforms, and military tactics have not been all that clever in the past either.
Hmm clocks ticking on this bunch of loosers,once us and the Germans leave they will all be ruined at last,we will be well rid of the lot of them these big moratoriums are a hot bed of corruption and double dealing by unelected failed corrupt politicians,just like fifa and that parasitic cheat Blatter,get rid of the lot we will all be so much better off IMHO.
911Gary said:
Pan Pan Pan said:
I always wondered if the Greeks have cracked the market in military strategy?
They turn up wearing little embroidered waistcoats, teensy party frocks, white tights, and ballet shoes (with pom poms) and then the enemy dies in their hundreds.......from laughing
Still, some of our uniforms, and military tactics have not been all that clever in the past either.
Personally I wouldn't mess a Greek paratrooper, they're hard as nails. I guess laughing at Greek military pompoms is a sure fire way to get your teeth kicked out. They turn up wearing little embroidered waistcoats, teensy party frocks, white tights, and ballet shoes (with pom poms) and then the enemy dies in their hundreds.......from laughing
Still, some of our uniforms, and military tactics have not been all that clever in the past either.
Pan Pan Pan said:
...
Still, some of our uniforms, and military tactics have not been all that clever in the past either.
A long time ago, Britain and France were at war. During one battle, the French captured a British Colonel. They took him to their headquarters, and the French General began to question him.Still, some of our uniforms, and military tactics have not been all that clever in the past either.
Finally, as an afterthought, the French General asked, “Why do you British officers all wear red coats? Don’t you know the red material makes you easier targets for us to shoot at?”
In his casual, matter-of-fact, way, the officer informed the General that the reason British officers wear red coats is so that if they are shot, the blood won’t show, and the men they are leading won’t panic.
And that is why, from that day forward, all French Army officers wear brown trousers.
A couple of interesting articles:
One from Germany on the battle between Merkel and Schaeuble and why he seems to be holding more of the cards and why he pushed for such a bad deal to force the Greeks to take the exit.
http://www.spiegel.de/international/germany/schaeu...
A second that gives a bit more detail on the Greek discussions with Russia and why they caved so completely to take the only deal on the table. Russia turned down the request for help to bank roll the printing of the Drachma.
http://greece.greekreporter.com/2015/07/21/tsipras...
One from Germany on the battle between Merkel and Schaeuble and why he seems to be holding more of the cards and why he pushed for such a bad deal to force the Greeks to take the exit.
http://www.spiegel.de/international/germany/schaeu...
A second that gives a bit more detail on the Greek discussions with Russia and why they caved so completely to take the only deal on the table. Russia turned down the request for help to bank roll the printing of the Drachma.
http://greece.greekreporter.com/2015/07/21/tsipras...
Convert said:
Pan Pan Pan said:
...
Still, some of our uniforms, and military tactics have not been all that clever in the past either.
A long time ago, Britain and France were at war. During one battle, the French captured a British Colonel. They took him to their headquarters, and the French General began to question him.Still, some of our uniforms, and military tactics have not been all that clever in the past either.
Finally, as an afterthought, the French General asked, ?Why do you British officers all wear red coats? Don?t you know the red material makes you easier targets for us to shoot at??
In his casual, matter-of-fact, way, the officer informed the General that the reason British officers wear red coats is so that if they are shot, the blood won?t show, and the men they are leading won?t panic.
And that is why, from that day forward, all French Army officers wear brown trousers.
There can be no permanence In this latest "Solution" from the EU because Greece is visibly totally insolvent, with capital controls in place and without any hope of economic recovery, whilst locked into this unsustainable nonsense from the EU. Greece is living on handouts from the EU which will never be repaid. Greece is still steadily declining economically and will not recover. The EU can only keep the dream alive by throwing Billions of Euros to the insolvent Greek economy, constantly, to enable the outright fraud that this has become to continue. Which currently they are continuing to do.
However there will be conseqences to such deliberate misrepresentation. The EU is steadily undermining their already seriously weakened credibility as effective managers of the Euro and that steady decline will continue whilst the EU continues this policy. If this continues for any length of time then I think that the EU is inviting disaster for this union.
A number of the solvent EU states are already becoming distinctly unsettled, with the apparent and expensive, excessive EU bureaucracy and cookery already widely recognised within the EU itself. With the UK referendum coming up, I think that, major changes to the EU are inevitable. Either that or the UK will fail to achieve the changes required and Cameron will fail to achieve a majority in favour of the UK remaining within the EU.
Either way changes are coming and the EU will not be able to wash these changes under the carpet. Be very interesting to see how this pans out. There will be huge changes but establishing the relative probability of the changes is a real conundrum. No hope for Greece sadly, year upon year of ridiculous policies and refusal to face the reality of economics will result in the collapse of Greece.
The EU will undoubtedly seek to assist with humanitarian aid and similar support when this happens. But Greece as an economy surviving within the Euro, is a dead duck. Greece will remain a dead duck and will not even begin to recover until there is recognition and admittance of the truth. The truth not being something easily recognised by EU politicians.
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