|
|
Post by peakman on Jan 16, 2009 15:26:16 GMT
( recession my arse ) I totally agree. As George W Bush is alleged to have said "This mother fxxxer is going down". This is something else indeed. However I was just, as an unbiased observer, speculating upon the future of the euro, which to me is just the cement by which swivel eyed europhiles hope to unite the un-unitable.
|
|
yord
New Member
Posts: 14,350 
|
Post by yord on Jan 16, 2009 17:04:51 GMT
The euro makes sense, one worldwide currency even more sense.Too many are making absolute fortunes once again on currency trading at this moment, and will continue to do so with a vigor as its now one of the only ways left to rake in massive amounts for doing feck all. It is the credit crunch , now it is the currency crunch. Prices are fluctuating by up to 25% daily, and guess which currency is just waiting to be exploited, and rightly so. Ive been waiting 6 days now for prices out of China which neither agents or factories are willing to give at this moment. Why sell at a quoted price, even on an up front payment, when you can wait days and add another 30%. Yes you can hedge the currency if your brave enough and dont mind giving the parasites in banking yet another cut.
|
|
|
|
Post by peakman on Jan 17, 2009 10:04:06 GMT
The euro makes sense, one worldwide currency even more sense.. Last currency standing? The U.S. Dollar. 
|
|
|
|
Post by bigben999 on Jan 18, 2009 5:36:44 GMT
Same old moaner's. Different venue. lol
|
|
|
|
Post by peakman on Jan 22, 2009 10:52:38 GMT
You seem disillusioned bigben  |
|
|
|
Post by peakman on Mar 9, 2009 13:39:08 GMT
Interest rates now down to 0.5% and still nothing moving. The only people who benefit from this are those who already have a variable rate mortgage. The rest just can't get one. Kick start the economy? Boost spending? Get credit flowing once again? Well seeing as how we now own large chunks of various banks, how about issuing ourselves with a (U,K. only) "Peoples credit card" , call it "Spendthrift" or something and set the rate at 2% above bank rate. I could use one of those  |
|
|
|
Post by peakman on Oct 8, 2009 12:49:57 GMT
If we become 100% "European" by the end of this year, then shorty after wards Sterling will cease to be the currency of the region.
Question: Will our "National debt" then become a "European debt" and as such will it be dispersed throughout all European regions?
Thinking along this line, will our Parliament be, along with the monarchy, disbanded? I could be persuaded to buy into that.
|
|
