The Euro

[trionam]

Could anyone that understands what going on the eurozone tell me is the euro in danger of collapse or not and if its likely what would it mean for the countries in it.

[Sqad]

I have asked this question many times on AB and have never received a plausible answer.

If the Eurozone and the Euro is in such a mess, then why is the Euro so strong against the UK Pound?

Do the markets know something that we don't e.g that the UK economy is not so strong and regulated as the Politicians would have us believe?

[Davethedog]

http://www.thisismone...-pound-weak-euro.html

[Sqad]

Dave....LOL....thanks....it is what i suspected....thanks for the link.

[trionam]

I can understand that link just about but will France and Germany be able to keep propping up the euro as it states in the link or is it about to go altogether?I live in Ireland and people are starting to talk about its collaspse and how bad it would be for us not sure if this is based on anything or just scaremongering.

[Sqad]

trionam...that is the 60$ question and bobbie put an interesting thread on CB about just that situation, but it was hijacked by a load of "numpties"

I cant answer that question and neither can the Politicians, but after a decade or more of setting up , the euro will not be allowed to "die" without a fight.

[Sqad]

P.S and of course if it did collapse, it would send the UK economy back into recession.

[Bobbisox]

sqad I will follow this thread with interest

[Davethedog]

I think that what is more likely to happen is that certain countries may, possibly, go back to thier own currencies, however it should be remembered that the euro was part of a much larger United states of Europe policy and that was also part of us trading to each other.

Somebody needs to bite the bullet and kick the banks in the knackers.

[Bobbisox]

I saw exactly which way the thread was heading so I asked to have it removed !

[Sqad]

Dave....LOL....I think it would be more likely that they would have a Spanish Euro,French Euro, Dutch Euro etc all finding their own trading levels.

Trigger.......you are entitled to your opinion which, as always, is valued.

[Bobbisox]

I still have the email my friend sent to me regarding this tri and Dave..

[trionam]

your thread must be gone bobbi I cant find it what was in your email if you dont mind.

[Bobbisox]

tri, I asked to have it removed...
it was a run down of the Euro table and what my friend, considered to be the best way of looking at it, he is a Financial Director for a world wide company, unfortunately, to post it again would be going against me asking to have it removed..sorry

[ummmm]

You're not talking about the one with the codes?

[Davethedog]

I'm missing something here I am not aware of what sounds like an attricional thread.

I am trying to answer trionam question - My 2nd comment is just my opinion and is not meant to be controversial.

Squad the French euro could be call the Franc and the German the mark etc :-D