Author: greendragon

Never ending story! [Copy link] 中文

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Post time 2012-5-17 11:28:34 |Display all floors
satsu_jin Post time: 2012-5-17 11:14
Your categories 'A' and 'B' need an urgent makeover to adapt to reality. Nothing is constant and eve ...

Quite true!

Greece is soon to be out of the EU picture and Spain is following suit! A couple of days back, a famous economist and blogger predicted that Spain will be out of the Euro currency and back to the peseta with a 35% devaluation!

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Post time 2012-5-17 11:42:32 |Display all floors
longzhou Post time: 2012-5-17 11:28
Quite true!

Greece is soon to be out of the EU picture and Spain is following suit! A couple of  ...

King Dollar, Queen Euro and , the Jack British Club currencies!

That's the PECKING ORDER in the world of FOREX CURRENCIES!

Cheerios!

Green DRagon
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Enjoying retirement conversations

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Post time 2012-5-17 11:54:28 |Display all floors
greendragon Post time: 2012-5-17 11:42
King Dollar, Queen Euro and , the Jack British Club currencies!

That's the PECKING ORDER in the w ...

so you think Euro will survive?

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Post time 2012-5-17 12:14:56 |Display all floors
SMITHI Post time: 2012-5-17 11:54
so you think Euro will survive?

France and Germany will be a LOT POORER if it didn't.

Of course the AMERICANS will make "life difficult" for the Europeans.
For the JACKS, it's only the BRITISH CLUB.
All the rest of the wealthier nations are FOREX collectors!

Cheerios!

Green DRagon
Game Grandmaster
Enjoying retirement conversations

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Post time 2012-5-18 09:24:32 |Display all floors
greendragon Post time: 2012-5-17 12:14
France and Germany will be a LOT POORER if it didn't.

Of course the AMERICANS will make "life dif ...

France and Germany will heave a giant sigh of relief if the cowboy Mediterranean states leave the Euro. It means they will no longer have to prop them up and the Euro will actually be far stronger as a result.

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Gold Medal

Post time 2012-5-18 09:33:43 |Display all floors
longzhou Post time: 2012-5-17 12:28
Quite true!

Greece is soon to be out of the EU picture and Spain is following suit! A couple of  ...

I don't think that this will be soon. The suffering will continue because there is a real danger that not only the Euro collapses but the whole EU and this is the last thing the majority of Europeans want to happen.

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Post time 2012-5-18 14:29:57 |Display all floors
Chegsyboy Post time: 2012-5-18 09:24
France and Germany will heave a giant sigh of relief if the cowboy Mediterranean states leave the  ...

Hey Chubby boy!

The EURO can only be a FOREX CURRENCY if there is EURO in "other nations account"......

...ie. EUROPE must spend in EXCESS! But, Germany is a "balance of payment surplus state", so is Nederlands, Belgium and France. The only states that POSSESS a defisit is the PIIGS cun-tries. Perhaps these states JOINED the COMMON CURRENCY for that "SAME BENEFIT".

Without PIIGS, there is no EURO defisit to be EXPORTED.
Without PIIGS, the British Club won't be able to have EURO in it's stable of currencies for the financial trade!

SEE THE PROBLEM!

ha ha ha

cheerios!

Green DRagon
Game Grandmaster
Enjoying retirement conversations

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