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Thread: Greece and the Euro

  1. #1
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    Greece and the Euro

    Dump the Euro i say ,This crappy Euro has ruined countries ,its killed cheap package holidays for us all .Greece is dying because of it .no one wants to go there and pay high Euro prices ! Turkey was cheap its not anymore , All ruined by this reddiculous Euro currency .Ireland's doomed because of it .It doesnt work .Stop bailing these countries out and admit the Euro has massively failed you muppets in charge .

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    They have created a situation that they cannot back out of. They cannot decronstruct the Euro and go back to individual currencies. So they have to keep bailing out the weaker countries, which makes it worse for the citizens in those countries.

    Thank goodness we were never enticed to join that monster they call the Euro. It has been weak from the beginning, and now it is showing how destructive it can be.

    Pound sterling gov'nor!
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    Quote Originally Posted by StateOfPlay View Post
    They have created a situation that they cannot back out of. They cannot decronstruct the Euro and go back to individual currencies. So they have to keep bailing out the weaker countries, which makes it worse for the citizens in those countries.

    Thank goodness we were never enticed to join that monster they call the Euro. It has been weak from the beginning, and now it is showing how destructive it can be.

    Pound sterling gov'nor!
    Aye, and look how strong the pound is. Historically the £ has been worth about 1.6 Euro, but now its closer to 1.1. So the Euro is stronger against the £ than it has ever been.

    Not just the Euro either. 4 years ago the Yuan (China) was about 1:16 (£:RMB), now its only about 10. £:$(US) is about the same, but thats because the $(US) is weak also. But CAD$ and AUS$ are both stronger than they have ever been. As with pretty much all other currencies. To be honest, the £ must be one of the weakest international currencies going. Except whatever Mugabe uses.

    Don't be fooled into thinking that the £ is all powerful because the Euro is struggling. Its still doing better than the £.

    You can go pretty much anywhere in the world just now and the weak £ makes everywhere more expensive. FACT.

    As for Greece, well, these things happen. It was always going to happen to the countries who are the weakest by developed nation standards. Its just unfortunate for Greece that they are there first. Saying that, Ireland, Spain and Italy aint too far behind. Yes, for many the Euro was probably a bad idea, but for France and Germany it has been VERY beneficial, and as such they can afford to help out those in need.

    And, just as a side note, I am paid in Euros, so the strong Euro against the £ works quite well in my favour.
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    So because your doing well we should keep the Euro ??

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    No, thats not what I'm saying, although that is quite true, I may be as well off without the Euro as the country from which I am paid also has a strong economy, so their currency will also be strong against the weak £.

    What I am saying is that the Euro has done really well for Germany and France, and as such, if they wish to continue to do well, they should be helping out the poorer countries struggling to keep up.

    And also that the Euro is very strong, especially when compared against Sterling.

    What is it you are wanting anyway? The Euro to collapse, so that your holidays can be cheaper? Thats a bit poor isn't it? Wishing failure in most of Europe so your el cheapo holiday can be even cheaper. Your problem is not that the Euro is making other countries more expensive, but that our £ sterling is so weak, we have to spend more to get the same goods and services as before. Thats why the RS3 costs so much...
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    The ability to weaken the strength of the £ is an asset. It increases trade, which contributes towards our GDP, which means we are still rated well in the credit rating stakes.

    The £ being weak isn't a negative, it's a positive. So I am happy that we keep the £ as low as we can whilst the economic crisis continues. Something that we would have no control over if we were in the Euro. The Greeks would love to lower the value of their currency to increase trade, but they can't as they are stuck in the Euro, and the only way out for them is to make massive cuts in public spending which will slow any chance of a recovery. They would love to be able to weaken their currency right now, as that is a better option than the current swingeing cuts they are having to make.

    I do feel for you, it must be a worry that you are paid in Euro's, lets just hope they can borrow their way out of the current crisis.
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    Germany was in the **** before the euro
    For me its crap and has cost way too much .

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    Quote Originally Posted by StateOfPlay View Post
    The ability to weaken the strength of the £ is an asset. It increases trade, which contributes towards our GDP, which means we are still rated well in the credit rating stakes.

    The £ being weak isn't a negative, it's a positive. So I am happy that we keep the £ as low as we can whilst the economic crisis continues. Something that we would have no control over if we were in the Euro. The Greeks would love to lower the value of their currency to increase trade, but they can't as they are stuck in the Euro, and the only way out for them is to make massive cuts in public spending which will slow any chance of a recovery. They would love to be able to weaken their currency right now, as that is a better option than the current swingeing cuts they are having to make.

    I do feel for you, it must be a worry that you are paid in Euro's, lets just hope they can borrow their way out of the current crisis.
    I have to agree with everything said there. Our ability to weaken our currency is certainly helpful in the current climate. As our goods are cheaper than before, thus helping our exports.

    Being paid in Euros is no big deal for me at the moment. In fact, it works out great, as I convert back to sterling to spend my money, which means I get more buying power in the UK. It will be more of a worry in years to come, when the markets all settle, and the pound returns to its normal worth. Then I will be effectively be getting a pay cut. But in the meantime, it works out okay. Well, apart from the Dutch taxes I pay. 52% of my wages going to a government in a country I don't even live in. Grrrrrrrrr.

    So Lingy, how does the strong Euro against the £ actually effect your finances that it costs too much? Unless you have loads of Family in Greece, or your business is importing from Europe, how does it affect you that you feel so strongly about a currency that you don't even pay your mortgage / rent / taxes in?

    To be honest, as I am paid in Euros, and taxed in Euros, I think it probably affects me more than most on this predominately UK forum.
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  11. #10
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    Quote Originally Posted by Lingy. View Post
    Germany was in the **** before the euro
    For me its crap and has cost way too much .
    I can see that you have thought very deeply about this.
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    Lmfao my business is my business. I never intend to live abroad or have my business there .Look at the bigger picture the Euro has created .good for you that your such an avid supporter of the Euro .Europe is doomed to fail as is the Euro .We should never have joined up.And i am glad we still have the pound .

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    Quote Originally Posted by jdp1962 View Post
    I can see that you have thought very deeply about this.
    really ?

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    Of course your business is your business, I wasn't really wanting to know about it, just how the Euro affects it that your so wound up about it.

    I'm not an avid supporter of the Euro, I too find things in Europe more expensive, and it is annoying as my expenses are all there. I would much rather get paid in Sterling, and pay UK tax, but this isn't an option just now.

    I fail to see how you can say Europe is doomed to fail as the Euro though? Are you a financial expert or something? Where is your evidence of this? Or is it just because they say so on Sky news that you have arrived at this conclusion?

    Certainly SOME countries may fail under the Euro, Greece for one, but are there not about 23 member countries using the Euro? And only one of them is properly screwed. Albeit there are another 3 that might be struggling, but does that not still leave 19 that are doing well?

    Yeah, right enough, if less than 1/5th of members are struggling then its doomed to fail?

    And clearly we haven't joined up, like you say, we still have the £. And being part of the Euro zone has had MANY advantages for UK business, since it has eradicated import taxes to our biggest trade partners. Have you even thought of the consequences of not being a part of Europe? And what it would mean to the bigger picture?

    You should get your head out the clouds and stop thinking of your 2 weeks holiday, and think of all the jobs created as a result of our relationship with the rest of Europe.
    Last edited by xs2man; 19th September 2011 at 21:27.
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    listen pal i have my opinion and i have started a thread with my views .its not some personnal attack thread for you to bore us going on about my holidays .Wtf are you on ? Greece is in the **** because of the Euro and there decline will have knock on affects across Europe .and i said we are in europe not the Euro
    You have had your say .Good for you

  16. #15
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    Turkey is still in-expensive, iv just come back from there,

    THE EURO; is it all failing by design? the global banking cartel use the Euro as a smoke screen to smash all the worlds economics into bits so they can introduce the one world currency, the one world government and the "NEW WORLD ORDER" do your own homeword and look it up,

    And "NO" im not involved in it!

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    Move over Maynard Keynes.

    The truth they're trying to keep from you is that IPv6 has nothing to do with address space; we're actually running out of full stops.

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    Chill out Lingy, I too am only offering my opinion. Was the intention of this thread not for a balanced discussion? Or was it simply for you to come on, spout some un-substantiated nonsense, and let everyone agree, unchallenged, to your point of view?

    I did not make any personal attacks in this thread, and it was you, in your first post that brought up how its ruined your cheap package holidays.

    To be fair, I think I have made my point now, and its obvious that your not going to be swayed by facts and common sense, rather jump on board with media hype. And fair play, that is what we pay our TV license / sky subscriptions for.

    I hope you find your cheap package holidays though, I saw one the other day, week in Crete for £120. Not really too expensive then.

    Last edited by xs2man; 20th September 2011 at 06:22.
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  19. #18
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    Greece are not in the **** because of the Euro, it's that they can't get themselves out of the **** because of the Euro.

    They need to go bankrupt and start again. They spent way too much money. over borrowed, a bit like Gordon Brown on LSD.

    The issue is the Euro means they can't just default and start again as it affects all countries within the Euro.

    Thank god we started paying back our overdraft, or we too would be in the ****.
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    Quote Originally Posted by xs2man View Post
    Chill out Lingy, I too am only offering my opinion. Was the intention of this thread not for a balanced discussion? Or was it simply for you to come on, spout some un-substantiated nonsense, and let everyone agree, unchallenged, to your point of view?

    I did not make any personal attacks in this thread, and it was you, in your first post that brought up how its ruined your cheap package holidays.

    To be fair, I think I have made my point now, and its obvious that your not going to be swayed by facts and common sense, rather jump on board with media hype. And fair play, that is what we pay our TV license / sky subscriptions for.

    I hope you find your cheap package holidays though, I saw one the other day, week in Crete for £120. Not really too expensive then.

    what ?

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    Quote Originally Posted by StateOfPlay View Post
    Greece are not in the **** because of the Euro, it's that they can't get themselves out of the **** because of the Euro.

    They need to go bankrupt and start again. They spent way too much money. over borrowed, a bit like Gordon Brown on LSD.

    The issue is the Euro means they can't just default and start again as it affects all countries within the Euro.

    Thank god we started paying back our overdraft, or we too would be in the ****.
    They will simply keep going bankrupt though .There economy depends a Lot on tourism .
    I could not be bothered typing huge essays on it and have not made myself clear enough .xs2man is obviously very into this subject .Perhaps i should start buying the sun/sport for more information

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    Quote Originally Posted by Turkster View Post
    Turkey is still in-expensive, iv just come back from there,

    THE EURO; is it all failing by design? the global banking cartel use the Euro as a smoke screen to smash all the worlds economics into bits so they can introduce the one world currency, the one world government and the "NEW WORLD ORDER" do your own homeword and look it up,

    And "NO" im not involved in it!
    We Went last year ,And after ten years of going thats it for us .Not just due to the prices .We never used to get hassled like in spain to go in there bars .Last year it seemed like every restuarant had employed a market trader to hassle you into there places .Lovely country though

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    Quote Originally Posted by FactionOne View Post
    Move over Maynard Keynes.



    Lmfao

  24. #23
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    Quote Originally Posted by Lingy. View Post
    They will simply keep going bankrupt though .There economy depends a Lot on tourism .
    I could not be bothered typing huge essays on it and have not made myself clear enough .xs2man is obviously very into this subject .Perhaps i should start buying the sun/sport for more information
    Nice one.

    To be honest, I don't generally read the papers. Occasionally pick up a FT or something on the flight though. And watch a lot of WBR etc... I generally get my information from reputable sources rather than tabloid headlines.
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  25. #24
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    You know, we can all come up with reasons why they are in the ****, but it comes back to one thing:

    They spent more money than they earn't.

    No rocket science here chaps, you spend more than you earn, at some point it is going to bite you in the bum, we all know that.

    I learnt the above whilst studying in the London University of Common Sense.

    Sterling! Love it!
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    Lets see how the greece thing pans out .Im thinking a few will be close behind them .I never read papers i read articles off the internet
    I wont say which resources incase there also inferior

  27. #26
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    Quote Originally Posted by Lingy. View Post
    I never read papers i read articles off the internet
    I wont say which resources incase there also inferior
    I always use the Bedworth Echo for the latest news

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    Really do you wear white socks aswell?

    on a side note what a dump

    Leafy warwickshire or ghetto beduff?
    Last edited by Lings; 21st September 2011 at 12:30.

  29. #28
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    Quote Originally Posted by Lingy. View Post
    We Went last year ,And after ten years of going thats it for us .Not just due to the prices .We never used to get hassled like in spain to go in there bars .Last year it seemed like every restuarant had employed a market trader to hassle you into there places .Lovely country though
    yep, them customer service guys are a pain up the bottom, so i don't go to the areas where they are famous for Hassling tourists, But when we do find ourselves in them areas my Turkish chat comes out and I just smile and say thanks and keep on walking until it get to where i need to be, Marmurus has adopted a "Hassle Free" town attitude as the local Mayor has had it with them guys and wants tourist to enjoy there stay enough to want to return,

    We best get back on-topic before we get told off for hi-jacking this thread,

    The Euro will collapse, the USA Dollar will collapse and the British pound will get sucked down at the same time, Leaving us with real global mess where the banking cartel with offer us a simple solution of a "One World Currency" that is controled by the "One World Goverment" aka the "New World Order", the writing is on the wall folks and you can take my words to the bank on this one, its not a matter of "IF" anymore its a "WHEN" now.

    Long but worth the free education


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    Thumbs up

    Well, unsure why? Possibly because I'm bored. But I was thinking of this thread, and decided to come back and read it again.

    Good news SteveL, your holidays will be getting cheaper now the Euro is collapsing further. And will probably continue to do so as more European countries start electing new governments who are against the austerity measures necessary to weather the current financial storm.

    As Sterling is stronger, we have more buying power.

    Of course, the down side is that our goods get more expensive for our biggest trading partners, so a negative impact on the UK economy, when we have already just entered a double dip recession.

    Not all good news then, but at least employment figures are up this month (albeit mostly part-time jobs).

    Shame I'm now getting paid less though. At least my recent payrise will go some way to making up for currency fluctuations.
    Not to worry though, European holidays are getting less expensive,
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  31. #30
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    the whole world wants Greece to pull out as it will be a sign to the globalist that the new world order wont work and the first brick in there wall will have fallen and the rest will ten soon follow suit!

  32. #31
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    They never learn. I have been writing to the Greek embassy for years to tell them they would have more money if they bought dishwashers, rather than smashing the frikkin plates. Did they even acknowledge me? Not even a kebab to say thanks.
    johnnythepie likes this.
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  33. #32
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    Quote Originally Posted by StateOfPlay View Post
    They never learn. I have been writing to the Greek embassy for years to tell them they would have more money if they bought dishwashers, rather than smashing the frikkin plates. Did they even acknowledge me? Not even a kebab to say thanks.
    Your letter was read out in public in Turkey, as a thanks, as the Greeks got there BEKO Dishwahers from the Turks and the Turks sent you all the Kebab Shops as a thank you in every City and Town in the UK, So every time you see one you can smile and tell all your friends that they are here all because of you,

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    Quote Originally Posted by xs2man View Post
    Well, unsure why? Possibly because I'm bored. But I was thinking of this thread, and decided to come back and read it again.

    Good news SteveL, your holidays will be getting cheaper now the Euro is collapsing further. And will probably continue to do so as more European countries start electing new governments who are against the austerity measures necessary to weather the current financial storm.

    As Sterling is stronger, we have more buying power.

    Of course, the down side is that our goods get more expensive for our biggest trading partners, so a negative impact on the UK economy, when we have already just entered a double dip recession.

    Not all good news then, but at least employment figures are up this month (albeit mostly part-time jobs).

    Shame I'm now getting paid less though. At least my recent payrise will go some way to making up for currency fluctuations.
    Not to worry though, European holidays are getting less expensive,
    Quite.But who the hell wants to go to europe on holiday?Not me for one.
    Pass me my sock

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    Quote Originally Posted by Turkster View Post

    THE EURO; is it all failing by design? the global banking cartel use the Euro as a smoke screen to smash all the worlds economics into bits so they can introduce the one world currency, the one world government and the "NEW WORLD ORDER" do your own homeword and look it up,

    And "NO" im not involved in it!
    Hear hear....... It exists, and the only way to combat it, is to defend the 'Nation State'....
    In my personal opinion

  36. #35
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    well plan B is being preached as when Greece pulls out the rest will fail as they have all lent money and funds that they just did not have in the 1st place!

  37. #36
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    so they have held Greece against the will of the people, things should be getting more interesting real soon, Exedos!

 

 

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