William Hague raises doubts over the survival of the euro as talks continue over Iris

halight

William Hague raises doubts over the survival of the euro as talks continue over Irish bail-out


Read more: http://www.dailymail.co.uk/news/article-1331518/William-Hague-doubts-survival-euro-Irish-bailout-talks-continue.html#ixzz15qa9hf00



William Hague raised doubts about the future of the euro today, saying it was impossible to know whether the currency would collapse.

Read more: http://www.dailymail.co.uk/news/article-1331518/William-Hague-doubts-survival-euro-Irish-bailout-talks-continue.html#ixzz15qaK5YFF



Is the end in sight????
Could we also see the break up of the EU

And the big one ---Could it drag us down with it?

CLAPTON

halight wrote: »

William Hague raises doubts over the survival of the euro as talks continue over Irish bail-out


Read more: http://www.dailymail.co.uk/news/article-1331518/William-Hague-doubts-survival-euro-Irish-bailout-talks-continue.html#ixzz15qa9hf00



William Hague raised doubts about the future of the euro today, saying it was impossible to know whether the currency would collapse.

Read more: http://www.dailymail.co.uk/news/article-1331518/William-Hague-doubts-survival-euro-Irish-bailout-talks-continue.html#ixzz15qaK5YFF



Is the end in sight????
Could we also see the break up of the EU

And the big one ---Could it drag us down with it?

what do you need 'drag us down'

it's wholey a good thing for everyone... a mad idea in the first place
everyone will be better off

Heyman_2

LOL I was going to ask who Iris was until I realised that the subject had been cut off!

Can't see it, I think the Euro was a one-way ticket and the nations in it are going to have to do everything they can to prop it up, whether they like it or not.

halight

I dont think Germany and franch can aford or the people are willing to keep bailing out the other EU euro countrys. Once one defults i think the other weaker and in debt countrys will fall like a pack of cards. How can and why would the German and french peopel keep paying out and trying to prop them up?
Would we as UK tax payers keep on handing over billions to them all?

I just can not see it lasting that much longer.

Dont get me wrong i hope that all the euro countrys can sort there debts, and there countrys out as a whole. I also hink we should play our part and help out with bailouts.


I also worry that if the euro dose fail then our own counrty will be hit very hard from the fallout,

CLAPTON

halight wrote: »

I dont think Germany and franch can aford or the people are willing to keep bailing out the other EU euro countrys. Once one defults i think the other weaker and in debt countrys will fall like a pack of cards. How can and why would the German and french peopel keep paying out and trying to prop them up?
Would we as UK tax payers keep on handing over billions to them all?

I just can not see it lasting that much longer.

Dont get me wrong i hope that all the euro countrys can sort there debts, and there countrys out as a whole. I also hink we should play our part and help out with bailouts.


I also worry that if the euro dose fail then our own counrty will be hit very hard from the fallout,

what do you mean 'fall like a pack of cards'? whatever does that mean

-surely much better that each country start to live with their own strengths and weaknessess rather than all be like germany


what failout are you referring to?

amcluesent

In Germany they are already reverting to a defacto Deutchmark - they do NOT like accepting Euros unless it's those printed/issued by Germany (shown by a D in the code).

It wouldn't be that difficult to revert to a two-speed Europe where the PIIGS have interest rates diverging from the Franco/German core.

Gold $2000 by Xmas!

dsab

amcluesent wrote: »

In Germany they are already reverting to a defacto Deutchmark - they do NOT like accepting Euros unless it's those printed/issued by Germany (shown by a D in the code).

What a load of rubbish.

amcluesent

>What a load of rubbish.<

Just calling it as I sees it.

Heyman_2

halight wrote: »

Would we as UK tax payers keep on handing over billions to them all?

Of course we will, our politicians literally fall over themselves to give our money away to big financial institutions and other countries.

vivatifosi

amcluesent wrote: »

In Germany they are already reverting to a defacto Deutchmark - they do NOT like accepting Euros unless it's those printed/issued by Germany (shown by a D in the code).

The prefix for German Euros is X though. D hasn't been used yet, its due for the next new entrant after Slovakia :eek:.

ManAtHome

The Germans and the French are bailing out their own banks (not necessarily in that order...) - how long their taxpayers stand for it is anyones guess