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

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

Author
Discussion

Mermaid

21,492 posts

171 months

Friday 19th September 2014
quotequote all

A referendum

turbobloke

103,953 posts

260 months

Friday 19th September 2014
quotequote all
Mermaid said:
A referendum
B soonest

C please

Steffan

10,362 posts

228 months

Friday 19th September 2014
quotequote all
turbobloke said:
Mermaid said:
A referendum
B soonest

C please
I commend that suggestion. Trebles all round! smile

Mermaid

21,492 posts

171 months

Friday 19th September 2014
quotequote all
Steffan said:
turbobloke said:
Mermaid said:
A referendum
B soonest

C please
I commend that suggestion. Trebles all round! smile
biggrinbeer

DJRC

23,563 posts

236 months

Friday 19th September 2014
quotequote all
Do we have any Swedish knowledge amongst us? Im being tapped up for a job in Stockholm and knowledge is zero. Ive established my tax rate will be about 30% according to the rules my recruiter has outlined to me, so although 30 is a bit communist, the money is pretty good so I can live with that. Do any of us have any knowledge about the place?

loafer123

15,440 posts

215 months

Friday 19th September 2014
quotequote all

I have done quite a bit of business over there, but never resident - what do you want to know?

DJRC

23,563 posts

236 months

Friday 19th September 2014
quotequote all
How expensive is the place to live basically.

Mermaid

21,492 posts

171 months

Friday 19th September 2014
quotequote all
DJRC said:
How expensive is the place to live basically.
Cheaper than London, it seems.

http://www.usatoday.com/picture-gallery/travel/des...

loafer123

15,440 posts

215 months

Friday 19th September 2014
quotequote all

Relatively difficult to find a flat, as many are co-operatives.

Food and drink from state bottleshops are surprisingly similar to the UK (or at least London!).

Very consenus led society, a bit like Japan - conflict in meetings and rudeness in interpersonal relationships is frowned upon I.e. a bit repressed.

I could happily live there, but if you are a bit of a rebel, you might find it more difficult.




DJRC

23,563 posts

236 months

Friday 19th September 2014
quotequote all
What on earth makes you think Im a bit of a rebel? smile Thanks for the advice.

Nothing decided atm, Im weighing up opportunities in the Low Countries and sticking with my current mob aswell.

Steffan

10,362 posts

228 months

Friday 19th September 2014
quotequote all
DJRC said:
What on earth makes you think Im a bit of a rebel? smile Thanks for the advice.

Nothing decided atm, Im weighing up opportunities in the Low Countries and sticking with my current mob aswell.
Glad to hear your abilities are required at another epicentre of commerce this time in Sweden which is a lovely country and full of English speakers all of whom want to practice on recent arrivals. I spent a lot iof time in the Scandanavian countries long ago when building a timber frames business importing into the UKyears ago. Wonderful countries and the preponderance of Nordic blondes really is quite breathtaking. Excellent balanced society with the usual heavy drinking culture always present amongst Scandanavian nationals. I have no idea why that is. They are to a man very gentle and not aggressive but by God they do drink. Controlled and appropriate but way beyond my limits.

Very safe country there were never any areas that were out of bounds to us and very little trouble football louts and the like do not arise in Scabdanavia and with your interest in skiing and Alpine sports, I would have thought perfect for a young family. Your children must be getting used to language changes and I really think that the Scandanavian countries are superb child friendly very safe centres which remain amongst the best places I have ever lived.

Best of luck to you in your endeavours. I realise that contracting is a pretty changeable feast. My Son is in fact in contracting himself and makes a very fair living from it. But it certainly is a changeable business!

Andy Zarse

10,868 posts

247 months

Saturday 20th September 2014
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Steffan said:
I commend that suggestion. Trebles all round! smile
I thought you'd stopped drinking? (except for a nice bottle of Dom Perrignon when the euro collapses smile. )

Steffan

10,362 posts

228 months

Saturday 20th September 2014
quotequote all
Andy Zarse said:
Steffan said:
I commend that suggestion. Trebles all round! smile
I thought you'd stopped drinking? (except for a nice bottle of Dom Perrignon when the euro collapses smile. )
I rarely drink these days. One of the few artificial stimulants I can easily do without. This month so far I have drunk one glass of wine. I do not claim to be very good at abstinence of any other sort the sins of the world are still immensely attractive to this old dodderer! If only the fesh could keep up the pace!

But I deal with what I can and with pushing 29 years of Diabetes under control (B/S level last three months 5.9) it does seem to be working for me currently. I still need to lose weight but having got down to some 10 stones lighter than all those years ago greater weight loss is a real challenge. I am still losing weight but probably no more than 1lb a month. Still keeps my doctors happyish because the other vital signs of life are all better than they were.

I am no parragon of virtue nor am I ever going to be one. But this system works for me at the moment. I really do feel better for the results of the constant vigil on intake and weight and without becoming obsessive, which is another of my unfortunate characteristics, I think this is probably for the best. The Doctirs all still wage a war against inadequate exercise and in favour of rigorous dieting but as I point out helpfully giving advice s much easier than following it.

avinalarf

6,438 posts

142 months

Saturday 20th September 2014
quotequote all
Going back to the topic.
The euro was doomed from the off.
Monetary control must go hand in glove with fiscal control.
The Euro might have had a chance if the politicians had been honest and stated that a federal Europe was the only way to go,the USA being an example.

Walford

2,259 posts

166 months

Sunday 21st September 2014
quotequote all
avinalarf said:
Going back to the topic.
The euro was doomed from the off.
Monetary control must go hand in glove with fiscal control.
The Euro might have had a chance if the politicians had been honest and stated that a federal Europe was the only way to go,the USA being an example.
How early on did people realise the boom and bust of the PIGS was inevitable, who was the first politician to say it ?

AstonZagato

12,703 posts

210 months

Sunday 21st September 2014
quotequote all
I wrote an internal report for an investment bank in 1992 that said just that.

I also heard Jaques Delors say at a conference that the euro was designed in the full knowledge that:
  • it could not work without political and fiscal union (Scots wanting a monetary union please note)
  • it would therefore create a crisis
  • that crisis would force closer political and fiscal union
It was understood before the enterprise even began.

JensenA

5,671 posts

230 months

Sunday 21st September 2014
quotequote all
People,have been saying for years that the Euro is doomed, of course it isn't. The Euro is just the new name for the Deutsch Mark. Hitler take note, you don't have to conquer Europe military, you simply produce quality goods that people want to buy, you become powerful and control Europe - and good on the Germans for doing it, it's exactly the method we used to create an Empire and control the world.

DJRC

23,563 posts

236 months

Sunday 21st September 2014
quotequote all
I'm fairly sure the German Master Plan didn't involve them paying to support everybody else. But apart from that minor problem...

steveT350C

6,728 posts

161 months

Sunday 21st September 2014
quotequote all
Thing ain't all that great in Deutschland.

http://www.spiegel.de/international/germany/low-ge...

"When Fratzscher, the head of the German Institute for Economic Research, gives a talk these days, he likes to pose a question to his audience: "Which country is this?" He then describes a place that has seen less growth than the average among euro-zone countries since the turn of the millenium, where productivity has only increased slightly and where two out of three employees earn less today than they did in 2000.

Fratzscher usually doesn't have to wait long before people begin raising their hands. "Portugal," one person offers; "Italy," says another; "France," exclaims a third. The economist allows his audience to continue searching for the right answer, until, with a triumphant smile, he announces the answer. The country he is looking for, the one with the weak economic results, is Germany."


Mermaid

21,492 posts

171 months

Sunday 21st September 2014
quotequote all
JensenA said:
People,have been saying for years that the Euro is doomed, of course it isn't. The Euro is just the new name for the Deutsch Mark. Hitler take note, you don't have to conquer Europe military, you simply produce quality goods that people want to buy, you become powerful and control Europe - and good on the Germans for doing it, it's exactly the method we used to create an Empire and control the world.
China has taken note. smile