Bring on the Eurozone crisis

Started by Hawkeye1, May 07, 2012, 06:35:12 AM

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Tetley

#8
May 07, 2012, 20:53:23 PM
Well i know what yer mean but we got used to living at 1.55 before 2008 and it was a lot more tranquilo then a quid for a euro. :tiphat:
Analogue mechanically  trained 1970,s Fitter  dear living  in a gone digital/tecno mad O Dearie me world......thankfully left behind with it all ,enjoying the bliss of NO phones ,  apps and  shortage of the intellectual, wile still managing to hone underachievement on the day to day in the sun  lol

fergie

#7
May 07, 2012, 20:23:27 PM
Tetley. If you are a home owner do the other important calculation. Calculate the sterling value of your home sold for euros and then exchanged for pounds at 1.3 euros to the pound!!!!!!!! Two sides to every story???????? ???

falcon

#6
May 07, 2012, 16:23:36 PM
The Germans cant afford for the Euro to collapse their goods would be to expensive
The problem is the Germans who have a protectionist mentallity
The Germans do not allow others to buy their companies they have constantly withdrawn production back to Germany or one of its satilites
This can be seen from Seat which are no longer produced in Spain
There are a number of countries which would benefit from withdrawing from the euro but nobody would loose as much as Germany
We have family living in Germany and none of them are on or close to the bread line
They work shorter hours than most of the EU,pay less taxes (average 18%),have longer holidays and pay lower household taxes than the UK
So dont just blame the Greeks etc
Remember there are only 4 million Irish but there are 80 million Germans it easier to recover with 80 million than 4 million.
This is not just a rant against the Germans but an objective look at what could happen

Tetley

#5
May 07, 2012, 11:09:55 AM
Realred
the wont come out the EU there are airports & roads to pay for and EU  grants needed  :o ,with a bit of luck the EU  will get there hand down and get the Albox interstate 1  finished soon   :drinks:
Analogue mechanically  trained 1970,s Fitter  dear living  in a gone digital/tecno mad O Dearie me world......thankfully left behind with it all ,enjoying the bliss of NO phones ,  apps and  shortage of the intellectual, wile still managing to hone underachievement on the day to day in the sun  lol

King saint 76

#4
May 07, 2012, 10:33:59 AM
Quote from: Realred on May 07, 2012, 10:04:51 AM
A very short sighted view, and certainly nothing to celebrate in the long term. If Spain defaults and leaves the Eurozone, any gains we make with the currency exchange will be wiped out in medical insurance payments, not to mention the fact that all our state pensions will be frozen with no further increases as per elsewhere outside the EU.


Not too sure about that realred, they would still be in the EU even if they default.

Realred

#3
May 07, 2012, 10:04:51 AM Last Edit: May 07, 2012, 10:07:52 AM by Realred
A very short sighted view, and certainly nothing to celebrate in the long term. If Spain defaults and leaves the Eurozone, any gains we make with the currency exchange will be wiped out in medical insurance payments, not to mention the fact that all our state pensions will be frozen with no further increases as per elsewhere outside the EU.

Tetley

#2
May 07, 2012, 09:45:28 AM
125 soon

130 plus when uk rates go up

or 255 pstas to the pound in 2017

some of you folks have never looked back since Camron got elected   ;D ,infact yew never had it so good for years  :rofl:
Analogue mechanically  trained 1970,s Fitter  dear living  in a gone digital/tecno mad O Dearie me world......thankfully left behind with it all ,enjoying the bliss of NO phones ,  apps and  shortage of the intellectual, wile still managing to hone underachievement on the day to day in the sun  lol
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