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

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

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Discussion

FN2TypeR

7,091 posts

94 months

Wednesday 16th November 2016
quotequote all
The Don of Croy said:
Tony427 said:
Or perhaps we could grow our own flowers now that the Government subsidies to the Dutch growers are disappearing and their prices increase....
It's more than 30 years since I left the commercial hort sector, but in that time I've come across a lot more clog-wielding business people, and my impression is, even if they don't grow them they'll have plans to retain the middle man business (a position trading nations excel at). IMHO the dutch are in the premier league when it comes to negotiations (and pragmatic solutions).

As for our friendly euro - it and the EU will be around for a while yet. As figureheads of a belief system they retain their followers in the face of mere facts, at least while they have access to funding.
There is plenty of that to go about so long as they can keep socializing the losses.

Digga

40,395 posts

284 months

Wednesday 16th November 2016
quotequote all
Murph7355 said:
I also saw the Dutch guy on Newsnight. Another shining example of a politician who doesn't get it. Had a good dose of smug arrogance too. He must have been schooled in politics here.
Don't think any of these anti-fragile idiots would think twice about sacrificing their own GDP or economy in service to the greater ideal of the EU. Their careers, salaries and pensions don't depend on rational trade, but are delivered from the paymasters, out of the big pot.

Gandahar

9,600 posts

129 months

Wednesday 16th November 2016
quotequote all
Just to answer the original question again the answer is still no.

People going off topic to pad this thread out. But the answer is still no, as it has been for 5 years now and all these posts.


Gargamel

15,022 posts

262 months

Wednesday 16th November 2016
quotequote all
Gandahar said:
Just to answer the original question again the answer is still no.

People going off topic to pad this thread out. But the answer is still no, as it has been for 5 years now and all these posts.
We are like a unexploded bomb on here. You have to make sure it never goes off. We only have to get lucky once.

Anyway - no one remembers the reason the Euro was created now anyway

Wait ... I found this

"When the EU was founded in 1957, the Member States concentrated on building a 'common market' for trade. However, over time it became clear that closer economic and monetary co-operation was needed for the internal market to develop and flourish further, and for the whole European economy to perform better, bringing more jobs and greater prosperity for Europeans. In 1991, the Member States approved the Treaty on European Union (the Maastricht Treaty), deciding that Europe would have a strong and stable currency for the 21st century.

The benefits of the euro are diverse and are felt on different scales, from individuals and businesses to whole economies. They include:
More choice and stable prices for consumers and citizens
Greater security and more opportunities for businesses and markets
Improved economic stability and growth
More integrated financial markets
A stronger presence for the EU in the global economy
A tangible sign of a European identity
Many of these benefits are interconnected. For example, economic stability is good for a Member State’s economy as it allows the government to plan for the future. But economic stability also benefits businesses because it reduces uncertainty and encourages companies to invest. This, in turn, benefits citizens who see more employment and better-quality jobs."



Well it is certainly hard to argue that on those criteria the Single Currency is an absolute runaway success. I am sure that Italian youth rejoice everyday for the employment and better quality jobs they have.

jjlynn27

7,935 posts

110 months

Wednesday 16th November 2016
quotequote all
And round and round we go. The thread was created 5-6 years ago. The euro is still here. Those are the very simple facts.

If the thread was titled 'Will Euro eventually disappear?' then it would have some legs. As it is; the answer was, and still is, no.

Tony427

2,873 posts

234 months

Wednesday 16th November 2016
quotequote all
Ah, but define nigh.....

There's a good couple of volumes in that alone.

Cheers,

Tony

Escapegoat

5,135 posts

136 months

Wednesday 16th November 2016
quotequote all
Tony427 said:
There's a good couple of volumes in that alone.
Well, in geological terms, Steffan's probably right.

Borghetto

3,274 posts

184 months

Wednesday 16th November 2016
quotequote all
Gandahar said:
Just to answer the original question again the answer is still no.

People going off topic to pad this thread out. But the answer is still no, as it has been for 5 years now and all these posts.
Thank you for your "expert" opinion. Can't think why this thread continues now the oracle has spoken.

Gargamel

15,022 posts

262 months

Wednesday 16th November 2016
quotequote all
jjlynn27 said:
And round and round we go. The thread was created 5-6 years ago. The euro is still here. Those are the very simple facts.

If the thread was titled 'Will Euro eventually disappear?' then it would have some legs. As it is; the answer was, and still is, no.
It may still be around, but is that a good thing ?

Perhaps that should be the purpose of the thread.

In any case, the standard/level of discussion in this topic sets a decent bar that other threads in NP&E would do well to try to emulate. Instead of all the yah boo sucks level of "debate"


Tryke3

1,609 posts

95 months

Wednesday 16th November 2016
quotequote all
Tony427 said:
I was watching newsnight yesterday evening and they interviewed the Dutch Finance Minister who was insistent that the Brexit deal would be a lose lose for both sides and that there was little room for negotiation even allowing for Merkel's softening of tone.

I was struck by his intrasigence and the fact that he seemed completely unaware of the truck roaring up behind him containing the multidudinous EU and Eurozone problems that will proabably see him out of his job in any event.

It was definitely EU business as normal.

The interviewer pointed out that there is £10 billion worth of trade at risk bewteen the UK and the Netherlands but the Dutch Finance Minister did not seem too concerned. Perhaps he needs to look at a bit deeper analysis of that trade.

For example, £666m of that trade is in cut flowers sold to the UK. Not high tech, blue chip manufacturing we would still buy, but a price sensitive discretionary purchase, currently under EU imposed tariff barriers of between 14 and 24 % on imports from flower producing countries such as Kenya and Chile etc. These tariff barriers have been protecting the Dutch growers who in recent years have also been producing under Government subsidies which is why our cut flower industry could not compete pricewise and has been decimated.

In short we could get cheaper flowers from elsewhere and replace his country's £666m trade in short measure.

Or perhaps we could grow our own flowers now that the Government subsidies to the Dutch growers are disappearing and their prices increase.

I wonder if the Dutch flower growers looking at a £666m drop in business, and the Dutch population as a whole who are not great EU supporters, are wholly behind the tough line taken by their present Finance Minister.

Cheers,

Tony
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics



Hainey

4,381 posts

201 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Tony427 said:
I was watching newsnight yesterday evening and they interviewed the Dutch Finance Minister who was insistent that the Brexit deal would be a lose lose for both sides and that there was little room for negotiation even allowing for Merkel's softening of tone.

I was struck by his intrasigence and the fact that he seemed completely unaware of the truck roaring up behind him containing the multidudinous EU and Eurozone problems that will proabably see him out of his job in any event.

It was definitely EU business as normal.

The interviewer pointed out that there is £10 billion worth of trade at risk bewteen the UK and the Netherlands but the Dutch Finance Minister did not seem too concerned. Perhaps he needs to look at a bit deeper analysis of that trade.

For example, £666m of that trade is in cut flowers sold to the UK. Not high tech, blue chip manufacturing we would still buy, but a price sensitive discretionary purchase, currently under EU imposed tariff barriers of between 14 and 24 % on imports from flower producing countries such as Kenya and Chile etc. These tariff barriers have been protecting the Dutch growers who in recent years have also been producing under Government subsidies which is why our cut flower industry could not compete pricewise and has been decimated.

In short we could get cheaper flowers from elsewhere and replace his country's £666m trade in short measure.

Or perhaps we could grow our own flowers now that the Government subsidies to the Dutch growers are disappearing and their prices increase.

I wonder if the Dutch flower growers looking at a £666m drop in business, and the Dutch population as a whole who are not great EU supporters, are wholly behind the tough line taken by their present Finance Minister.

Cheers,

Tony
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics
Maybe you could explain why for the benefit of thickies like me?

Tryke3

1,609 posts

95 months

Wednesday 16th November 2016
quotequote all
Hainey said:
Tryke3 said:
Tony427 said:
I was watching newsnight yesterday evening and they interviewed the Dutch Finance Minister who was insistent that the Brexit deal would be a lose lose for both sides and that there was little room for negotiation even allowing for Merkel's softening of tone.

I was struck by his intrasigence and the fact that he seemed completely unaware of the truck roaring up behind him containing the multidudinous EU and Eurozone problems that will proabably see him out of his job in any event.

It was definitely EU business as normal.

The interviewer pointed out that there is £10 billion worth of trade at risk bewteen the UK and the Netherlands but the Dutch Finance Minister did not seem too concerned. Perhaps he needs to look at a bit deeper analysis of that trade.

For example, £666m of that trade is in cut flowers sold to the UK. Not high tech, blue chip manufacturing we would still buy, but a price sensitive discretionary purchase, currently under EU imposed tariff barriers of between 14 and 24 % on imports from flower producing countries such as Kenya and Chile etc. These tariff barriers have been protecting the Dutch growers who in recent years have also been producing under Government subsidies which is why our cut flower industry could not compete pricewise and has been decimated.

In short we could get cheaper flowers from elsewhere and replace his country's £666m trade in short measure.

Or perhaps we could grow our own flowers now that the Government subsidies to the Dutch growers are disappearing and their prices increase.

I wonder if the Dutch flower growers looking at a £666m drop in business, and the Dutch population as a whole who are not great EU supporters, are wholly behind the tough line taken by their present Finance Minister.

Cheers,

Tony
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics
Maybe you could explain why for the benefit of thickies like me?
What you need explaining, that you seem to know dutch economics better than a dutch minister ?

don'tbesilly

13,940 posts

164 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Hainey said:
Tryke3 said:
Tony427 said:
I was watching newsnight yesterday evening and they interviewed the Dutch Finance Minister who was insistent that the Brexit deal would be a lose lose for both sides and that there was little room for negotiation even allowing for Merkel's softening of tone.

I was struck by his intrasigence and the fact that he seemed completely unaware of the truck roaring up behind him containing the multidudinous EU and Eurozone problems that will proabably see him out of his job in any event.

It was definitely EU business as normal.

The interviewer pointed out that there is £10 billion worth of trade at risk bewteen the UK and the Netherlands but the Dutch Finance Minister did not seem too concerned. Perhaps he needs to look at a bit deeper analysis of that trade.

For example, £666m of that trade is in cut flowers sold to the UK. Not high tech, blue chip manufacturing we would still buy, but a price sensitive discretionary purchase, currently under EU imposed tariff barriers of between 14 and 24 % on imports from flower producing countries such as Kenya and Chile etc. These tariff barriers have been protecting the Dutch growers who in recent years have also been producing under Government subsidies which is why our cut flower industry could not compete pricewise and has been decimated.

In short we could get cheaper flowers from elsewhere and replace his country's £666m trade in short measure.

Or perhaps we could grow our own flowers now that the Government subsidies to the Dutch growers are disappearing and their prices increase.

I wonder if the Dutch flower growers looking at a £666m drop in business, and the Dutch population as a whole who are not great EU supporters, are wholly behind the tough line taken by their present Finance Minister.

Cheers,

Tony
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics
Maybe you could explain why for the benefit of thickies like me?
What you need explaining, that you seem to know dutch economics better than a dutch minister ?
Bearing in mind it wasn't hainey suggesting that he knew more about Dutch economics than a Dutch minister, it was in fact Tony247, perhaps you could give more of a balanced insight into what in your opinion was wrong about Tony247's post, and tell us why you think Tony247's opinion was wrong.

Your initial retort told us very little, with the exception of an insight into your own intelligence, which is clearly lacking.

Can you expand on the below a little please?

Tryke3 said:
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics
Edited by don'tbesilly on Wednesday 16th November 20:45

dangerousB

1,697 posts

191 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Full on retard right there
Don't think he was at all tbh, why do you?

Tryke3

1,609 posts

95 months

Wednesday 16th November 2016
quotequote all
Im not delusional to be able to expand on stuff that i know nothing about unlike everyone here, who lately is full on a economics expert. What i do know is that Holland is one of the biggest exporter/growers and i do believe the dutch minister when he says hes not too worried about loosing the uk as a market, probably because he knows it'll still be cheaper for us to pay pay tarrifs on imports and still buy from them than import our own. Why is everyone trying to simplify everything as if its easy to import from Kenya or whatever, first of all we would need to outbid the Dutch who buy hundreds of millions at a time, but then again economics has nothing to do with brexit because we have lost our marbles

Funkycoldribena

7,379 posts

155 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Im not delusional to be able to expand on stuff that i know nothing about unlike everyone here, who lately is full on a economics expert. What i do know is that Holland is one of the biggest exporter/growers and i do believe the dutch minister when he says hes not too worried about loosing the uk as a market, probably because he knows it'll still be cheaper for us to pay pay tarrifs on imports and still buy from them than import our own. Why is everyone trying to simplify everything as if its easy to import from Kenya or whatever, first of all we would need to outbid the Dutch who buy hundreds of millions at a time, but then again economics has nothing to do with brexit because we have lost our marbles
I'm as far from an economics expert as humanly possible but I can see that anyone who thinks the Eu is not some great mess has lost their marbles.

Andy Zarse

10,868 posts

248 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Im not delusional to be able to expand on stuff that i know nothing about unlike everyone here, who lately is full on a economics expert. What i do know is that Holland is one of the biggest exporter/growers and i do believe the dutch minister when he says hes not too worried about loosing the uk as a market, probably because he knows it'll still be cheaper for us to pay pay tarrifs on imports and still buy from them than import our own. Why is everyone trying to simplify everything as if its easy to import from Kenya or whatever, first of all we would need to outbid the Dutch who buy hundreds of millions at a time, but then again economics has nothing to do with brexit because we have lost our marbles
Baloney.

tumble dryer

2,024 posts

128 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Im not delusional to be able to expand on stuff that i know nothing about unlike everyone here, who lately is full on a economics expert. What i do know is that Holland is one of the biggest exporter/growers and i do believe the dutch minister when he says hes not too worried about loosing the uk as a market, probably because he knows it'll still be cheaper for us to pay pay tarrifs on imports and still buy from them than import our own. Why is everyone trying to simplify everything as if its easy to import from Kenya or whatever, first of all we would need to outbid the Dutch who buy hundreds of millions at a time, but then again economics has nothing to do with brexit because we have lost our marbles
“Hello Mr Kenyan (or whatever) flower grower, would it be possible for you to supply the UK with your beautiful flowers, say, around £300, maybe £400 mils a year?”

“You’d need to sort out the paperwork at your end, right up to the point of cleared delivery and onward transportation across our small country.”

“It would be a pre-requisite that you adhered to any current bks that the EU had generated with regard to quality, freshness and terms of settlement.”

“If this opportunity might be of interest to you, kind Sir, would you kindly click our Contact Us button and we’ll get right back to you as soon as we can. There’s been a bit of an increase in the amount of enquiries lately (what with all this new free trade stuff that’s going on) and we thought you might like the opportunity to quote as roughly outlined above...”



Some see negativity, others, opportunity.


davepoth

29,395 posts

200 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
Im not delusional to be able to expand on stuff that i know nothing about unlike everyone here, who lately is full on a economics expert. What i do know is that Holland is one of the biggest exporter/growers and i do believe the dutch minister when he says hes not too worried about loosing the uk as a market, probably because he knows it'll still be cheaper for us to pay pay tarrifs on imports and still buy from them than import our own. Why is everyone trying to simplify everything as if its easy to import from Kenya or whatever, first of all we would need to outbid the Dutch who buy hundreds of millions at a time, but then again economics has nothing to do with brexit because we have lost our marbles
I once visited the flower auctions at Alkmaar. Very interesting place. Flowers come in to the massive building from all over the world, and then flower buyers bid for them in a Dutch auction (the price goes down rather than up). Flowers are then dispatched from Alkmaar to all of Europe.

Now, having the critical mass for the market in a certain country does mean that the main trade will stay there - it would be ridiculous to assume that it would move as a result of Brexit - but there is a very good argument to say that if the UK environment became much more amenable to direct imports (the previously mentioned lowered tariffs) we may well end up in a situation where despite the benefits of the big market in Alkmaar it is cheaper to buy direct and ship direct to the UK as a profitable sideline.

wc98

10,431 posts

141 months

Wednesday 16th November 2016
quotequote all
Tryke3 said:
hehe

Full on retard right there, perhaps you should quit your day job and join bojo in napkin economics
you might want to read more than a couple of pages of this thread to assess the manner in which it has been conducted. there are plenty threads in npe to go full retard on, this is not one of them.

Edited by wc98 on Thursday 17th November 06:50