Euro - The game is up!

The_White_Horse

the man has always had it right - but he has been rubbished by the filthy lefty media junta that is the bbc, europhiles from all sides, guardian and hahahahah independent, which is as independent as pravda.

the problem is imbeciles and morons have been livingthe high life across europe for the last decade that they could not afford, at both government and personal levels and now, as the more sensible had always said - it is falling apart.

the lefts ultimately destroy everything the touch because they are trying to create a utopia where chavs and unemployed layabout filth have fantastic education, great benefits, free houses for life, pensions, and the same for all the public sector workers - when in reality IT CANNOT WORK. eventually the chickens come home to roost and this is now happening all over the EU.

I spoke to an intelligent greek yesterday and I asked how it is over there - his response was "we are f*cked" and that they "won't make it".

Its gonna be huge when Spain and Italy fail all bets are off. Perhaps a war will be needed to calm things down? WWIII anyone?

FTBFun

The_White_Horse wrote: »

I spoke to an intelligent greek yesterday and I asked how it is over there - his response was "we are f*cked" and that they "won't make it".

Like that conversation actually happened. Who are you trying to kid?

The_White_Horse

FTBFun wrote: »

Like that conversation actually happened. Who are you trying to kid?

how little you know

Asheron

Haha great video

neverdespairgirl

ninky wrote: »

nigel farage is idiotic in that speech btw.

In what ways, in particular?

gagahouse

FTBFun wrote: »

Like that conversation actually happened. Who are you trying to kid?

I have family in Greece, they say the same things - the only path Greece has under the straitjacket of the euro is to internally deflate and this is already hitting the people.

Graham_Devon

FTBFun wrote: »

Like that conversation actually happened. Who are you trying to kid?

Erm, even the greek on TV say they are screwed. You just need to listen to the people, not the politicians. BBC did a big programme on it not too long back.

toby3000

The problem that the Greeks have is that noone pays tax.

Ireland's problem is that it's housing bubble burst spectacularly and the state is propping up the banks. While it's possible that they would have instituted higher interest rates to curb this had they been able to, equally they might not have; the British government and central bank didn't make much effort to curb house price rises.

I don't really see what POINT he made in the speech? He thinks the Euro will collaspe. I think he's wrong. America copes with a single currency and a country of different local/state economies. You could easily argue that it would be more economically appropriate for London/the South East and the rest of the UK to have seperate currencies.

British politicians and pundits have ALWAYS rubbished the Euro. They said it would never happen. They said it would just be the northern core of Europe They said it wouldn't happen in time. They said there wouldn't be enough coins to go around and that the launch would lead to chaos across the EU. Now they say it'll collaspe, or some countries will drop out. I think it's unlikely.

A._Badger

toby3000 wrote: »

The problem that the Greeks have is that noone pays tax.

America copes with a single currency and a country of different local/state economies. You could easily argue that it would be more economically appropriate for London/the South East and the rest of the UK to have seperate currencies.

.

The mind boggles that this non-argument can still be used with a straight face. The USA is a single country with a single government and a pretty uniform culture. Yes, it uses a federal system, but so, after a fashion, does Germany.

Despite the Europhiles' fantasies, that is not even remotely true of the Eurozone, within which the economic, corporate, cultural and historical disparities are vastly wider than they are in the USA.

The comparison isn't even apples and oranges - it's more like apples and cabbages.

toby3000

A._Badger wrote: »

The mind boggles that this non-argument can still be used with a straight face. The USA is a single country with a single government and a pretty uniform culture. Yes, it uses a federal system, but so, after a fashion, does Germany.

Despite the Europhiles' fantasies, that is not even remotely true of the Eurozone, within which the economic, corporate, cultural and historical disparities are vastly wider than they are in the USA.

The comparison isn't even apples and oranges - it's more like apples and cabbages.

Try telling that to Americans. It has a single national government, but states have huge powers. Besides having a single language. it has no more of a 'uniform culture' than Europe does.

The reason that American's think of themselve so strongly as Americans is that they've had a couple of hundred years of social engineering to achieve it, and is why they do things like Thanksgiving and pledgeing alligence. No different to the concerted effort made by European nation-states in the 19th century to create a natioanl conciousness.

Germany doesn't use a federal system 'after a fashion'. It is a federal country with a huge amount of power at the level of the Lander.