Ireland is screwed, sell your Euros
-
So what you're saying is that Euros will go downhill faster?
Rhys "With no power comes no responsibility"
-
So what you're saying is that Euros will go downhill faster?
Rhys "With no power comes no responsibility"
-
So what you're saying is that Euros will go downhill faster?
Rhys "With no power comes no responsibility"
-
I placed this here because of it's likely falling apart into political mudslinging! Ireland's Borrowing Rate Increases[^]. The upshot of this will be a massive shift in debt to Ireland, which, owing to it's tiny population (5 million) and lack of industry or services skills (Relies heavily on Agriculture and Tourism), will be unable to meet it's financial obligations. Bang, It goes bankrupt and will have to be bailed out by the other members of the Euro Zone. This won't happen as Merkel is under too much pressure at the moment, so Ireland goes third world and it's people are taxed to buggery. Then, of course, the mortgages start to default, and the banks foreclose in an effort to recoup the losses. Families thrown onto the street and having to be housed at the States expense, although the state has no money and cannot borrow any. Riots and uprisings! I bet the Irish will blame the English. "You Bastards! We were forced to vote three times before we finally caved in and joined the Euro, but you stayed out and now we are suffering for your wisdom!" Still, Ireland hates being a sovereign nation. Four hundred years they fought to get rid of English Overlordship, and then immediately handed power over to an unelected, unrepresentitive dictatorship run by the French and Germans. Ireland is getting it's reward for weakness. So, After Ireland defaults, the Euro weakens. This means that the other PIGS (Portugal, Italy, Greece and Spain) will also be forced to pay more and tighten the tax noose on their people. More Rioting. I predict the breakdown of the EU and the end of the Euro. Germany will probably be the first to re-introduce a National Currency, and it will be as hard as flint. Bring it on.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
I predict the breakdown of the EU and the end of the Euro.
All it will take is Andrea pulling Germany out. or so it seems from over here.
“The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright Brothers. But they also laughed at Bozo the Clown.” ~ Carl Sagan
-
Dalek Dave wrote:
I predict the breakdown of the EU and the end of the Euro.
All it will take is Andrea pulling Germany out. or so it seems from over here.
“The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright Brothers. But they also laughed at Bozo the Clown.” ~ Carl Sagan
Andrea? Do you mean Angela Merkel? From this side of the pond, it looks likely that Germany will distance itself from the Euro sooner rather than later, which will be a great blow to France.
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
-
Andrea? Do you mean Angela Merkel? From this side of the pond, it looks likely that Germany will distance itself from the Euro sooner rather than later, which will be a great blow to France.
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
Pete O'Hanlon wrote:
Germany will distance itself from the Euro sooner rather than later, which will be a great blow to France.
My eyes are full of tears already, I am weeping for them. Oh wait, no, hang on...
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
-
Pete O'Hanlon wrote:
Germany will distance itself from the Euro sooner rather than later, which will be a great blow to France.
My eyes are full of tears already, I am weeping for them. Oh wait, no, hang on...
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
-
Dalek Dave wrote:
I predict the breakdown of the EU and the end of the Euro.
All it will take is Andrea pulling Germany out. or so it seems from over here.
“The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright Brothers. But they also laughed at Bozo the Clown.” ~ Carl Sagan
I’m also wondering when the Germans finally will fed up with subsidizing some of the European countries.
The narrow specialist in the broad sense of the word is a complete idiot in the narrow sense of the word. Advertise here – minimum three posts per day are guaranteed.
-
I placed this here because of it's likely falling apart into political mudslinging! Ireland's Borrowing Rate Increases[^]. The upshot of this will be a massive shift in debt to Ireland, which, owing to it's tiny population (5 million) and lack of industry or services skills (Relies heavily on Agriculture and Tourism), will be unable to meet it's financial obligations. Bang, It goes bankrupt and will have to be bailed out by the other members of the Euro Zone. This won't happen as Merkel is under too much pressure at the moment, so Ireland goes third world and it's people are taxed to buggery. Then, of course, the mortgages start to default, and the banks foreclose in an effort to recoup the losses. Families thrown onto the street and having to be housed at the States expense, although the state has no money and cannot borrow any. Riots and uprisings! I bet the Irish will blame the English. "You Bastards! We were forced to vote three times before we finally caved in and joined the Euro, but you stayed out and now we are suffering for your wisdom!" Still, Ireland hates being a sovereign nation. Four hundred years they fought to get rid of English Overlordship, and then immediately handed power over to an unelected, unrepresentitive dictatorship run by the French and Germans. Ireland is getting it's reward for weakness. So, After Ireland defaults, the Euro weakens. This means that the other PIGS (Portugal, Italy, Greece and Spain) will also be forced to pay more and tighten the tax noose on their people. More Rioting. I predict the breakdown of the EU and the end of the Euro. Germany will probably be the first to re-introduce a National Currency, and it will be as hard as flint. Bring it on.
------------------------------------ I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC League Table Link CCC Link[^]
Dalek Dave wrote:
Germany will probably be the first to re-introduce a National Currency, and it will be as hard as flint.
It was my impression that Germany wasn't too happy about the Euro in the first place.
-Sean ---- Fire Nuts
-
Andrea? Do you mean Angela Merkel? From this side of the pond, it looks likely that Germany will distance itself from the Euro sooner rather than later, which will be a great blow to France.
I have CDO, it's OCD with the letters in the right order; just as they ruddy well should be
Forgive your enemies - it messes with their heads
Pete O'Hanlon wrote:
Andrea? Do you mean Angela Merkel?
I certainly did. Thank you for reading my mind. :-O
“The fact that some geniuses were laughed at does not imply that all who are laughed at are geniuses. They laughed at Columbus, they laughed at Fulton, they laughed at the Wright Brothers. But they also laughed at Bozo the Clown.” ~ Carl Sagan