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Just How Long Can The Bubbles Hang On?
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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?
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?
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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.
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.
-- answer removed --
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.
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.
Bankers
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hedged their bets
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so extend-and-pretend seems the trend
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hedged their bets
http://
so extend-and-pretend seems the trend
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