Just How Long Can The Bubbles Hang On?

[youngmafbog]

http://www.economist.com/news/europe/21651110-staving-default-one-emergency-measure-time-bottom-barrel

It cannot be long, the Twist and shouts have had a bad quarter and surely wont want to be lumbering along with this lot for much longer.

will the EU (and Eurozone) change for the better once they realise one size fits all just does not work?

[Mamyalynne]

Too many 'Ts' in your Barnet - TTT.

[Slapshot]

Jump off a cliff TTT ( no, no slang in there)....... perhaps if everyone posted with the same level of sense and perspicacity that Mamya does this place would be so much better at times.... what a waste of a thread!!

[ToraToraTora]

No need to get yer stamps in a brahms slapshot!

[Pete65]

I presume the term "Kraut" is offensive?

[Svejk]

A click on the link would have resolved the faux-confusion.

[B00]

Not so svejk, I clicked on it and I didn't make the connections with the slang words used and the news article.

[youngmafbog]

My comment on not adding anything was aimed at jno, pretty sure you all knew that though.

I find it offensive that all you right-on liberals dont accept the language of a minority group.

Thought that is what you all liked, ther eis no need to get in a right 2/8 about it.

Anyway if you dont like the thread dont post - simples.

[ToraToraTora]

Due to the current economic crisis, Greece is cancelling all production of Humus and Taramasalata.
It's a double dip recession.

[Pete65]

No, I do not want to know what a 2/8 is.
That apart, Youngmafblog, you are talking rot.

[naomi24]

I’m a Londoner and I haven’t a clue what any of these silly rhyming slang expressions mean. I never understand why people post in foreign languages either. Why post stuff that the reader might not be able to understand? It doesn't impress and it certainly adds nothing to the discussion. Pointless.

[Bazile]

Didn't anyone watch the comedy drama - Minder ?

[Pete65]

Are you serious, Dogberry?
Is 2in8 the same as 2/8?

[New Judge]

It's actually a "Two and Eight" (a state). Londoners can tell when somebody is in a two and eight because it usually shows on their Boatrace. Sometimes their Sweet Repose goes red and they have trouble getting the words out of their North and South. Anyway, I've just glanced at my kettle (the only bit of Tom I have) and it's time for a Vera Lynn.

Anyway, before I get a kick up the Arris I'll annoyingly address the question: Greece should never have been allowed to join the euro. But since it did and since it was obvious once the solid waste hit the air conditioning in 2008 that they needed a way out they should have been allowed to leave in a controlled fashion, probably in about 2012. They could have reverted to the Drachma, devalued rapidly, repaid their debts and reverted to the type of economy they had before 2001 (i.e peasant farming with shipping and tourism to earn their crust).

The richer eurozone nations (particularly Germany) have to take much of the blame for this. They encouraged Greece to borrow euros that they had not a hope of repaying, so that they could buy mainly German goods and services. But the Greeks themselves must also shoulder the blame. They took the country into a currency union that is totally unsuitable for them (and indeed many others of its members) because they had delusions of grandeur.

[ichkeria]

ymb you and Tora should co-host Eurovision.
I would pay extra licence fee to see that :-)

[jourdain2]

I was going to ask someone to translate - but I feel too tired.

[ToraToraTora]

don't worry your loaf over it jourdain.

[sevenOP]

Bankers
http://www.nytimes.com/2010/02/14/business/global/14debt.html?pagewanted=1&_r=0

hedged their bets
http://www.nytimes.com/2010/02/25/business/global/25swaps.html

so extend-and-pretend seems the trend
http://charleshughsmith.blogspot.co.uk/2015/02/the-catastrophic-costs-of-extend-and.html