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  4. Uh oh, if the Germans get pissed of enough its the end of the Euro.

Uh oh, if the Germans get pissed of enough its the end of the Euro.

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  • M Munchies_Matt

    Yeah, Countries needed to have shown 20 years of stability and financial maturity before joining. The UK would NOT be good enough to join given its recent financial childishness.

    "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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    Oakman
    wrote on last edited by
    #4

    fat__boy wrote:

    Countries needed to have shown 20 years of stability and financial maturity before joining.

    That lets out everyone but Norway doesn't it?

    The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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    • M Munchies_Matt

      German anger over the second Greek bailout shows no sign of disappearing[^] And this is the crux "Bild, which sells 3m copies daily, said that Germany is was always the "scapegoat" when the IMF and EU are were looking for more money. Germany's "dark past" played a special role in this case as in many others" Germany is paying reparations for the second world war. It is the only profitable working country in Europe which by being shackled to the EU is supporting all the rest. When the Germans finaly get pissed off about having to feel so guilty, or forget the past and match the rise of the far right as elsewhere in Europe then expect a very strong sentiment for Germany to exit the Euro, and it to then collapse.

      "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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      thrakazog
      wrote on last edited by
      #5

      awwww poor Germany. What did they ever do to anyone? :wtf: oh, right.

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      • T thrakazog

        awwww poor Germany. What did they ever do to anyone? :wtf: oh, right.

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        Dan Neely
        wrote on last edited by
        #6

        Once all the Germans were warlike and mean, But that couldn't happen again. We taught them a lesson in nineteen eighteen, And they've hardly bothered us since then.

        3x12=36 2x12=24 1x12=12 0x12=18

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        • O Oakman

          fat__boy wrote:

          Countries needed to have shown 20 years of stability and financial maturity before joining.

          That lets out everyone but Norway doesn't it?

          The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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          Single Step Debugger
          wrote on last edited by
          #7

          And Norway is not a part of the EU on top of it. But if there is a reasonable criteria for “stability” why not use them? For example what percentage from the GDP is country’s external debt, political stability, deficit etc? Mind you that a relatively not very reach country could be rock stable and a very rich country could be a complete unpredictable mess ready to fall apart.

          There is only one Ashley Judd and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

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          • S Single Step Debugger

            And Norway is not a part of the EU on top of it. But if there is a reasonable criteria for “stability” why not use them? For example what percentage from the GDP is country’s external debt, political stability, deficit etc? Mind you that a relatively not very reach country could be rock stable and a very rich country could be a complete unpredictable mess ready to fall apart.

            There is only one Ashley Judd and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

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            Oakman
            wrote on last edited by
            #8

            Deyan Georgiev wrote:

            But if there is a reasonable criteria for “stability” why not use them?

            So which countries in the EU have not had major riots in the last five years?

            The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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            • D Dan Neely

              Once all the Germans were warlike and mean, But that couldn't happen again. We taught them a lesson in nineteen eighteen, And they've hardly bothered us since then.

              3x12=36 2x12=24 1x12=12 0x12=18

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              Lost User
              wrote on last edited by
              #9

              Wow, that takes me back, the MLF Lullaby. Possibly we would now be more concerned that Turkey was part of the Multi-Lateral Force: We have the weapons our foes to panic, And one of the fingers on the button is Islamic perhaps. (Apologies to Mr Lehrer.)

              ict558 - a Coward and a Fool. Dalek Dave & Hokum (Therefore it must be so, alas.)

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              • S Single Step Debugger

                And Norway is not a part of the EU on top of it. But if there is a reasonable criteria for “stability” why not use them? For example what percentage from the GDP is country’s external debt, political stability, deficit etc? Mind you that a relatively not very reach country could be rock stable and a very rich country could be a complete unpredictable mess ready to fall apart.

                There is only one Ashley Judd and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

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                Lost User
                wrote on last edited by
                #10

                Deyan Georgiev wrote:

                what percentage from the GDP is country’s external debt, political stability, deficit etc?

                At the moment, normal rules don't apply. When the worldwide financial crisis is history, and that may take some years, then you can apply certain stability requirements, until then, it is a meaningless measure.

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                • L Lost User

                  Deyan Georgiev wrote:

                  what percentage from the GDP is country’s external debt, political stability, deficit etc?

                  At the moment, normal rules don't apply. When the worldwide financial crisis is history, and that may take some years, then you can apply certain stability requirements, until then, it is a meaningless measure.

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                  Oakman
                  wrote on last edited by
                  #11

                  Richard A. Abbott wrote:

                  When the worldwide financial crisis is history, and that may take some years

                  25, 50, 100? Richard, what makes you think that the present situation isn't the new normal?

                  The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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                  • O Oakman

                    fat__boy wrote:

                    Countries needed to have shown 20 years of stability and financial maturity before joining.

                    That lets out everyone but Norway doesn't it?

                    The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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                    Munchies_Matt
                    wrote on last edited by
                    #12

                    Untill the oil runs out..

                    "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                    • O Oakman

                      Deyan Georgiev wrote:

                      But if there is a reasonable criteria for “stability” why not use them?

                      So which countries in the EU have not had major riots in the last five years?

                      The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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                      Munchies_Matt
                      wrote on last edited by
                      #13

                      Denmark, Holland, Belgium, Luxembourg, Austria, Sweeden, Czech republic, Spain, Portgual, Ireland, Malta, Latvia, Estonia, Lithuania, Finland, Hungary and Slovenia? :)

                      "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                      • L Lost User

                        Deyan Georgiev wrote:

                        what percentage from the GDP is country’s external debt, political stability, deficit etc?

                        At the moment, normal rules don't apply. When the worldwide financial crisis is history, and that may take some years, then you can apply certain stability requirements, until then, it is a meaningless measure.

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                        Munchies_Matt
                        wrote on last edited by
                        #14

                        Yes, unfortunately. Whats utterly mind blwingly shocking is that the market/government did not see their actions over the last 10 years as leading to instability. Every single fucking bibble has popped painfully, and they collectively let the crdit bubble get to the size where its popping very nearly destroyed the western world. Greed and stupidity very nearly acchieved what communism couldnt. :)

                        "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                        • T thrakazog

                          awwww poor Germany. What did they ever do to anyone? :wtf: oh, right.

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                          Munchies_Matt
                          wrote on last edited by
                          #15

                          You know aftre the first world war they had to pay 99 million dollars, in gold, to FRance. This pretty much created the ecconomiv ruin in Germany in the 1920s and led to the rise of Faschism. I fear that by brutalising Germany again today, it will encourage the rise of the extreme right. (And the fact the extreme right is on the rise in Europe in general, probably because the Government wont tackle Islamicisation and Immigration, is only gong to make it easier.)

                          "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                          • M Munchies_Matt

                            German anger over the second Greek bailout shows no sign of disappearing[^] And this is the crux "Bild, which sells 3m copies daily, said that Germany is was always the "scapegoat" when the IMF and EU are were looking for more money. Germany's "dark past" played a special role in this case as in many others" Germany is paying reparations for the second world war. It is the only profitable working country in Europe which by being shackled to the EU is supporting all the rest. When the Germans finaly get pissed off about having to feel so guilty, or forget the past and match the rise of the far right as elsewhere in Europe then expect a very strong sentiment for Germany to exit the Euro, and it to then collapse.

                            "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                            Lost User
                            wrote on last edited by
                            #16

                            fat__boy wrote:

                            Germany is paying reparations for the second world war. It is the only profitable working country in Europe which by being shackled to the EU is supporting all the rest.

                            No they are shackled to it because they wanted the Euro. They pushed for it, because they thought it would benefit them. Now it has gone pear-shaped, they have to pay the consequenses. If it had been a success they would have reaped the benefits. Or do you think Greece and thr rest of Europe forced them too ditch the Mark? Saying that Germany has too foot the Bill because of WW2 is utter Bollocks, it is because they have the largest economy at this moment in time, if France was doing as well as Germany are, they too will be expected to dig deep.

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                            • O Oakman

                              fat__boy wrote:

                              Countries needed to have shown 20 years of stability and financial maturity before joining.

                              That lets out everyone but Norway doesn't it?

                              The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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                              Lost User
                              wrote on last edited by
                              #17

                              Switzerland too, how could you forget them.

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                              • L Lost User

                                fat__boy wrote:

                                Germany is paying reparations for the second world war. It is the only profitable working country in Europe which by being shackled to the EU is supporting all the rest.

                                No they are shackled to it because they wanted the Euro. They pushed for it, because they thought it would benefit them. Now it has gone pear-shaped, they have to pay the consequenses. If it had been a success they would have reaped the benefits. Or do you think Greece and thr rest of Europe forced them too ditch the Mark? Saying that Germany has too foot the Bill because of WW2 is utter Bollocks, it is because they have the largest economy at this moment in time, if France was doing as well as Germany are, they too will be expected to dig deep.

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                                Munchies_Matt
                                wrote on last edited by
                                #18

                                Ᵽompey wrote:

                                No they are shackled to it because they wanted the Euro.

                                Got any proof of that assertion?

                                Ᵽompey wrote:

                                They pushed for it, because they thought it would benefit them.

                                So they thought tying their currency to the Greek economy was good for them? Masochists are they?

                                Ᵽompey wrote:

                                Saying that Germany has too foot the Bill because of WW2 is utter Bollocks,

                                I will repeat what the Bild said: "Bild, which sells 3m copies daily, said that Germany is was always the "scapegoat" when the IMF and EU are were looking for more money. Germany's "dark past" played a special role in this case as in many others"

                                "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                                • M Munchies_Matt

                                  Ᵽompey wrote:

                                  No they are shackled to it because they wanted the Euro.

                                  Got any proof of that assertion?

                                  Ᵽompey wrote:

                                  They pushed for it, because they thought it would benefit them.

                                  So they thought tying their currency to the Greek economy was good for them? Masochists are they?

                                  Ᵽompey wrote:

                                  Saying that Germany has too foot the Bill because of WW2 is utter Bollocks,

                                  I will repeat what the Bild said: "Bild, which sells 3m copies daily, said that Germany is was always the "scapegoat" when the IMF and EU are were looking for more money. Germany's "dark past" played a special role in this case as in many others"

                                  "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                                  Lost User
                                  wrote on last edited by
                                  #19

                                  fat__boy wrote:

                                  So they thought tying their currency to the Greek economy was good for them? Masochists are they?

                                  They envisaged that a European currency had the potential to be the strongest in the world, and under different circumstances, and without the Credit Crunch, it may have been. You have the benefit of hindsight, that Greece is going to collapse, nobody knew this when the Euro was in its infancy. It is common knowledge that it was Germany and France who were the main driving force behind it, they gambled and it looks like they lost. The UK decided to sit it out and see if it succeeded first before dropping the pound. This would have put us in a poor negotiating posistion when we did decide to join the Euro. Are you really trying to say Germany was forced into ditching the Mark in favour of the Euro? If so who forced them and why was Britain allowed to sit out and wait and see how it performed before deciding to join?

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                                  • L Lost User

                                    fat__boy wrote:

                                    So they thought tying their currency to the Greek economy was good for them? Masochists are they?

                                    They envisaged that a European currency had the potential to be the strongest in the world, and under different circumstances, and without the Credit Crunch, it may have been. You have the benefit of hindsight, that Greece is going to collapse, nobody knew this when the Euro was in its infancy. It is common knowledge that it was Germany and France who were the main driving force behind it, they gambled and it looks like they lost. The UK decided to sit it out and see if it succeeded first before dropping the pound. This would have put us in a poor negotiating posistion when we did decide to join the Euro. Are you really trying to say Germany was forced into ditching the Mark in favour of the Euro? If so who forced them and why was Britain allowed to sit out and wait and see how it performed before deciding to join?

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                                    Munchies_Matt
                                    wrote on last edited by
                                    #20

                                    Germany has been paying for the CAP, which benefited France at Germanys expense, since the inception of the EU. The EU is all about Germany paying, it always was.

                                    "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                                    • M Munchies_Matt

                                      Germany has been paying for the CAP, which benefited France at Germanys expense, since the inception of the EU. The EU is all about Germany paying, it always was.

                                      "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                                      Lost User
                                      wrote on last edited by
                                      #21

                                      That doesn't answer the question. Was Germany forced into the Euro against its will, or did it join freely in the knowledge that if the Euro succeeded, it would benefit greatly but if it failed, it would be one of the biggest losers. Afterall when it comes to gambling, which is essentially what it did by ditching a perfectly good Mark for the unproven Euro, the one with the biggest stake has the most to lose, aswell as the most to gain. To link it to what happened 70 years ago is ludicrous.

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                                      • M Munchies_Matt

                                        Germany has been paying for the CAP, which benefited France at Germanys expense, since the inception of the EU. The EU is all about Germany paying, it always was.

                                        "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s." climate-models-go-cold

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                                        R Offline
                                        Rhys Gravell
                                        wrote on last edited by
                                        #22

                                        fat__boy wrote:

                                        The EU is all about Germany paying, it always was

                                        That's bullshit, and you probably know it. The EU was supposed to be all about creating so many economic ties between the major nation states that it was impossible for any of them to start any kind of major conflict again as they could be financially strangled very simply. The EU in it's current form has gone away from that to some major degree and, as others have said, Germany and France, (largely), gambled on the ability of the Euro to become the most significant common currency available. They poked, pushed, persuaded and cajoled others into going along and unfortunately with the global economic downturn it appears they gambled and lost. However, given the size of their economies they have greater power to protect their electorate from the negative effects of this unlike countries such as Greece and Ireland. Quite frankly the article is just a case of minor xenophobia, (its the bloody foreigners fault!), much as is more often seen in the UK, and France. It's a means of picking anexternal scapegoat simply to protect a political party of choice and much of the comment merits about as much as the many, many wonderfully appalling articles printed in the Daily Mail in the UK in recent years.

                                        Rhys "I'd rather die on my feet than live on my knees"

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                                        • R Rhys Gravell

                                          fat__boy wrote:

                                          The EU is all about Germany paying, it always was

                                          That's bullshit, and you probably know it. The EU was supposed to be all about creating so many economic ties between the major nation states that it was impossible for any of them to start any kind of major conflict again as they could be financially strangled very simply. The EU in it's current form has gone away from that to some major degree and, as others have said, Germany and France, (largely), gambled on the ability of the Euro to become the most significant common currency available. They poked, pushed, persuaded and cajoled others into going along and unfortunately with the global economic downturn it appears they gambled and lost. However, given the size of their economies they have greater power to protect their electorate from the negative effects of this unlike countries such as Greece and Ireland. Quite frankly the article is just a case of minor xenophobia, (its the bloody foreigners fault!), much as is more often seen in the UK, and France. It's a means of picking anexternal scapegoat simply to protect a political party of choice and much of the comment merits about as much as the many, many wonderfully appalling articles printed in the Daily Mail in the UK in recent years.

                                          Rhys "I'd rather die on my feet than live on my knees"

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                                          O Offline
                                          Oakman
                                          wrote on last edited by
                                          #23

                                          goblinTech wrote:

                                          They poked, pushed, persuaded and cajoled others into going along

                                          From this side of the puddle it appeared that country after country begged and pleaded to be allowed to use the Euro, except, of course, for Switzerland and the UK. Are you saying that Germany and France encouraged the PIIGS to spend wildly, in excess of the agreements they made when they joined the EU, by promising to bail them out?

                                          The 3-legged stool of understanding is held up by history, languages, and mathematics. Equipped with these three you can learn anything you want to learn. But if you lack any one of them you are just another ignorant peasant with dung on your boots. R. A. H.

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