French Banking Chief: Collapse of Euro "INEVITABLE"!

Mxsmanic wrote:

PJODonovan writes:

A typical ignorant response from our quintessential pseudo
intellectual claiming to be a "historian"

Online dictionary

Gre·cian (grshn)
adj.
Greek.
n.
A native or inhabitant of Greece.
[From Latin Graecia, Greece, from Graecus, Greek; see Greek.]

"Grecian" is used primarily to refer to ancient Greece and its culture. For
modern Greece, "Greek" is preferable.

The important point is that "Grecian" is an acceptable variant.


--
"It is illuminating for purposes of reflection, if not for
argument, to note that one of the greatest 'fictions' of our
federal system is that the Congress exercises only those powers
delegated to it, while the remainder are reserved to the States or
to the people. The manner in which this Court has construed the
Commerce Clause amply illustrates the extent of this fiction.",
Hodel v. Virginia Surface Mining, 452 U.S. 264, 307 (1981)

"Lou Ravi" wrote in message
...
DVH wrote:
"Lou Ravi" wrote in message
...
Ehissuae wrote:
"Eduard Kehlmann" wrote in message
...
Dirk Bruere at NeoPax schrieb:
PJ O'Donovan wrote:
French Banking Chief: Collapse of Euro "INEVITABLE"!

More likely that certain nations will "resign".


...and the Euro with them.....

Wishful thinking. Somehow, it is remindful of those marxists who
were hoping for the collapse of capitalism.

Quite. And the silly naysayers here who know **** all about **** all
can continue to gripe and then run off with their tails betwsen
their legs when the UK finally joins the Eurozone as it should have
years ago and will enventualy.

They promised it would bring convergence, and that never happened.

It hasn't improved unemployment, growth or real wages.

Why should it, but by god it has made life simpler for those in the
Eurozone.

Only for halfwits who have trouble doing a bit of basic maths.


The only thing it's good for is price comparison (as if it's a major
and time-consuming task to convert the price of a thing from one
currency to another), and the removal of the (already very low)
exchange fees.

Very low echange fees my arse. More like 5% every time you moved a few
miles between, say, Blegiou, the netherlands, Luxembourg and France. You
can visit these four countries in an afternoon on a bicycle more or less.

Of all the blithering crazy ideas. Only a lunatic would want to visit four
countries in an afternoon on a bicycle, and it would be most likely someone
unemployable who therefore had no need to worry about exchanging money.

In the old days, if you changed you money each time, you'd lose a fifth or
so without spending a cent.

There's really no point in the euro!

Tell that to the 350 million who use it and are happy with it (plus those
banging on the door to join).

Haven't you grasped it yet, you great blockhead? They're banging on the door
because they want your money! That much even an innocent must be able to
understand.

Isn't it time you silly British took your heads out of the sand and joined
the modern world?

There's nothing modern about the EU. It's in the great continental tradition
of forcing people into the polity without their consent. It's a customs
union like the zollwerein and subsequent mitteleuropean attempts - including
the Soviet Union - to run economic empires. They've all failed so far, and
there's no reason to imagine the EU won't turn to dust in due course.

"Bill Bonde {Colourless green ideas don't sleep furiously)"
wrote in message
...


Mxsmanic wrote:

John Rennie writes:

If so let's see if the citizens of Greece, Portugal,
Spain and perhaps Italy agree with you or will agree roundabout
the end of this year when they have to pay off their deficits.

They'd be in the same mess without the euro.

The value of Grecian cash would go down, which would promote
Grecian exports. Grecians yearning for a better life would have to
work harder, of course, but they could compete.

Part of the problem is their utter unwillingness to pay income taxes. That's
what's owed on a Grecian earn.

John Rennie wrote:
Lou Ravi wrote:

There's really no point in the euro!

Tell that to the 350 million who use it and are happy with it (plus
those banging on the door to join). Isn't it time you silly British
took your heads out of the sand and joined the modern world?

More 'happy' users

http://tinyurl.com/yev64jq

Bwahahahahahahaha. The Telegraph?. You're joking I hope. And what exactly
has this to do with whether poeple like the Euro or not? I'll tell you,
precisely nothing. Do try again.

DVH wrote:
"Lou Ravi" wrote in message
...
DVH wrote:
"Lou Ravi" wrote in message
...
Ehissuae wrote:
"Eduard Kehlmann" wrote in message
...
Dirk Bruere at NeoPax schrieb:
PJ O'Donovan wrote:
French Banking Chief: Collapse of Euro "INEVITABLE"!

More likely that certain nations will "resign".


...and the Euro with them.....
Wishful thinking. Somehow, it is remindful of those marxists who
were hoping for the collapse of capitalism.
Quite. And the silly naysayers here who know **** all about **** all
can continue to gripe and then run off with their tails betwsen
their legs when the UK finally joins the Eurozone as it should have
years ago and will enventualy.
They promised it would bring convergence, and that never happened.

It hasn't improved unemployment, growth or real wages.
Why should it, but by god it has made life simpler for those in the
Eurozone.

Only for halfwits who have trouble doing a bit of basic maths.

The only thing it's good for is price comparison (as if it's a major
and time-consuming task to convert the price of a thing from one
currency to another), and the removal of the (already very low)
exchange fees.
Very low echange fees my arse. More like 5% every time you moved a few
miles between, say, Blegiou, the netherlands, Luxembourg and France. You
can visit these four countries in an afternoon on a bicycle more or less.

Of all the blithering crazy ideas. Only a lunatic would want to visit four
countries in an afternoon on a bicycle, and it would be most likely someone
unemployable who therefore had no need to worry about exchanging money.

In the old days, if you changed you money each time, you'd lose a fifth or
so without spending a cent.

There's really no point in the euro!
Tell that to the 350 million who use it and are happy with it (plus those
banging on the door to join).

Haven't you grasped it yet, you great blockhead? They're banging on the door
because they want your money! That much even an innocent must be able to
understand.

Isn't it time you silly British took your heads out of the sand and joined
the modern world?

There's nothing modern about the EU. It's in the great continental tradition
of forcing people into the polity without their consent. It's a customs
union like the zollwerein and subsequent mitteleuropean attempts - including
the Soviet Union - to run economic empires. They've all failed so far, and
there's no reason to imagine the EU won't turn to dust in due course.


http://www.guardian.co.uk/commentisf...ingle-currency

"John Rennie" wrote in message
...
DVH wrote:
"Lou Ravi" wrote in message
...
DVH wrote:
"Lou Ravi" wrote in message
...
Ehissuae wrote:
"Eduard Kehlmann" wrote in message
...
Dirk Bruere at NeoPax schrieb:
PJ O'Donovan wrote:
French Banking Chief: Collapse of Euro "INEVITABLE"!

More likely that certain nations will "resign".


...and the Euro with them.....
Wishful thinking. Somehow, it is remindful of those marxists who
were hoping for the collapse of capitalism.
Quite. And the silly naysayers here who know **** all about **** all
can continue to gripe and then run off with their tails betwsen
their legs when the UK finally joins the Eurozone as it should have
years ago and will enventualy.
They promised it would bring convergence, and that never happened.

It hasn't improved unemployment, growth or real wages.
Why should it, but by god it has made life simpler for those in the
Eurozone.

Only for halfwits who have trouble doing a bit of basic maths.

The only thing it's good for is price comparison (as if it's a major
and time-consuming task to convert the price of a thing from one
currency to another), and the removal of the (already very low)
exchange fees.
Very low echange fees my arse. More like 5% every time you moved a few
miles between, say, Blegiou, the netherlands, Luxembourg and France. You
can visit these four countries in an afternoon on a bicycle more or
less.

Of all the blithering crazy ideas. Only a lunatic would want to visit
four countries in an afternoon on a bicycle, and it would be most likely
someone unemployable who therefore had no need to worry about exchanging
money.

In the old days, if you changed you money each time, you'd lose a fifth
or so without spending a cent.

There's really no point in the euro!
Tell that to the 350 million who use it and are happy with it (plus
those banging on the door to join).

Haven't you grasped it yet, you great blockhead? They're banging on the
door because they want your money! That much even an innocent must be
able to understand.

Isn't it time you silly British took your heads out of the sand and
joined the modern world?

There's nothing modern about the EU. It's in the great continental
tradition of forcing people into the polity without their consent. It's a
customs union like the zollwerein and subsequent mitteleuropean
attempts - including the Soviet Union - to run economic empires. They've
all failed so far, and there's no reason to imagine the EU won't turn to
dust in due course.
http://www.guardian.co.uk/commentisf...ingle-currency


Rotflol! The darling of the left and Nobel laureate disses monetary union!

Actually, I've a lot of time for Krugman. He really understands trade, and
can explain it well too.

Lou Ravi wrote:
John Rennie wrote:
Lou Ravi wrote:

There's really no point in the euro!
Tell that to the 350 million who use it and are happy with it (plus
those banging on the door to join). Isn't it time you silly British
took your heads out of the sand and joined the modern world?

More 'happy' users

http://tinyurl.com/yev64jq

Bwahahahahahahaha. The Telegraph?. You're joking I hope. And what exactly
has this to do with whether poeple like the Euro or not? I'll tell you,
precisely nothing. Do try again.


I suppose Brussels got caught on the hop like most
when the Berlin Wall came down and the Soviet Union
ceased to exist. It had by then cautiously planned
to increase the numbers of countries in the European
Union to 12 from 7. After 1989 virtually all the
old soviet bloc countries applied to join. Now
the number is 27 - what a jump! Granted only 16
of these countries are in the Eurozone but that
number represents a huge increase in a very few
years. Could Brussels cope - of course it
couldn't. It can't even balance its own accounts -
it never has. Thank goodness for Gordon Brown -
without him and his five little nonsense conditions
we would be in it too. LOL!

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
* * * * * * * * * * * * *

On Feb 15, 1:04*pm, Donna Evleth the self
proclaimed pseudo intellectual displayed her chronic ignorance
by wiriting:


Grecian??? *I spend two to three weeks in Greece every year, in September,
and I have never heard them refer to themselves as "Grecian". *They call
themselves Greek. *"Grecian" is an archaic term.


A typical ignorant response from our quintessential pseudo
intellectual claiming to be a "historian"

Online dictionary

Gre·cian (grshn)
adj.
Greek.
n.

PJODonovan writes:

A typical ignorant response from our quintessential pseudo
intellectual claiming to be a "historian"

Online dictionary

Gre·cian (grshn)
adj.
Greek.
n.
A native or inhabitant of Greece.
[From Latin Graecia, Greece, from Graecus, Greek; see Greek.]

"Grecian" is used primarily to refer to ancient Greece and its culture. For
modern Greece, "Greek" is preferable.

"John Rennie" wrote in message
...
Ehissuae wrote:

"John Rennie" wrote in message
...
Lou Ravi wrote:
DVH wrote:
"Lou Ravi" wrote in message
...
Ehissuae wrote:
"Eduard Kehlmann" wrote in message
...
Dirk Bruere at NeoPax schrieb:
PJ O'Donovan wrote:
French Banking Chief: Collapse of Euro "INEVITABLE"!

More likely that certain nations will "resign".


...and the Euro with them.....
Wishful thinking. Somehow, it is remindful of those marxists who
were hoping for the collapse of capitalism.
Quite. And the silly naysayers here who know **** all about **** all
can continue to gripe and then run off with their tails betwsen
their legs when the UK finally joins the Eurozone as it should have
years ago and will enventualy.
They promised it would bring convergence, and that never happened.

It hasn't improved unemployment, growth or real wages.

Why should it, but by god it has made life simpler for those in the
Eurozone.

The only thing it's good for is price comparison (as if it's a major
and time-consuming task to convert the price of a thing from one
currency to another), and the removal of the (already very low)
exchange fees.

Very low echange fees my arse. More like 5% every time you moved a few
miles between, say, Blegiou, the netherlands, Luxembourg and France.
You can visit these four countries in an afternoon on a bicycle more or
less. In the old days, if you changed you money each time, you'd lose a
fifth or so without spending a cent.

There's really no point in the euro!

Tell that to the 350 million who use it and are happy with it (plus
those banging on the door to join). Isn't it time you silly British
took your heads out of the sand and joined the modern world?

Do you by any chance have access to any other forms of media other
than Usenet? If so let's see if the citizens of Greece, Portugal,
Spain and perhaps Italy agree with you or will agree roundabout
the end of this year when they have to pay off their deficits. The
citizens of Ireland certainly don't.

http://uk.reuters.com/article/idUKTRE51K1L520090221

Sure the Euro is convenient and that's about the only thing
that is in its favour.

Curious how quickly some people tend to forget... You probably still
remember, though, how it was in Europe when a monetary crisis took place?
Competitive devaluations inside the European monetary system... 1984, and
then 1993.

Very minor compared with present situations.

Maybe. But the point is: would it be necessary to add the confusion of a
monetary crisis with devaluations to the present situation? The euro
effectively prevented this from happening, and offered such a stability that
many countries that are outside of it (Eastern Europe, but also Iceland)
have only one wish: join it as soon as possible. Yesterda, Hungary's Prime
Minister, among others, reaffirmed the objective of joining the euro in
2014, and Estonia still plans to join it next year.


And more recently, the comparative examples of Iceland and Ireland showed
what it was to enjoy the shield provided by the euro, and how much of a
difference it made.

Did you read my comment about Ireland. Things are bad very bad in Ireland.

But to which extent is this due to the euro? I'm surprised that when things
are bad for Ireland, one would blame it on the euro, but when things were
good it was only because the Irish were brilliant? That sounds a bit
superficial as a reasoning.

I would not even imagine where Greece
would be, if it didn't have the euro today.

Is it possible that you're not quite up-to-date on Greece?

http://www.ft.com/cms/s/0/cc82f954-1...tml?ftcamp=rss

http://tinyurl.com/yerkx6y

"Concern is growing about how the market is exploiting Greece's weakness,
and by extension that of the euro."

http://business.timesonline.co.uk/to...cle7027751.ece

"The Greek Government looked set on a collision course with the European
Commission today as its finance minister denied demands that it needed to
take further austerity measures to cut its debt."

But what point does this make? The markets speculate against Greece, but
they would do it even if Greece didn't have the euro. In that case, Greece
would have had to devaluate their currency and would be in the position of
Iceland. The euro is protecting them against speculation.


The euro is not just convenient, and has much more than mere convenience
in its favour, believe me.

I'm sure you'll understand if I refuse to believe you.

No, I don't. My impression is that you somehow have pre-conceived ideas
against the euro that are pretty unfounded.