Author Topic: Euro  (Read 3966 times)

Offline RTHolmes

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Re: Euro
« Reply #30 on: May 24, 2012, 04:34:41 PM »
almost everything, without the fall of the USSR and the freedom of east germany the euro project may never have happened. it certainly forced the deal.
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Offline Gh0stFT

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Re: Euro
« Reply #31 on: May 24, 2012, 04:54:20 PM »
almost everything, without the fall of the USSR and the freedom of east germany the euro project may never have happened. it certainly forced the deal.

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Offline PR3D4TOR

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Re: Euro
« Reply #32 on: May 24, 2012, 05:15:45 PM »
RTHolmes, it has been a very long process. The EU began with the treaty of Paris in 1952. Greece joined, what was then known as the EC, in 1981, at the height of the Cold War.
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Offline RTHolmes

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Re: Euro
« Reply #33 on: May 24, 2012, 07:33:14 PM »
sure, but by "euro project" I mean specifically the single european currency.
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Offline PFactorDave

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Re: Euro
« Reply #34 on: May 24, 2012, 08:13:55 PM »
nice lateral thinking :aok

wont happen because as the strongest economy in the eurozone germany benefits most from the single currency. a major reason they export so much is because their currency is artificially weak.

And there's the crux of the matter.  Germany benefits greatly from the Union and the single currency.  The Germans stand to lose quite a bit if the Euro breaks down.  The bank failures that are threatened by the current states that are in trouble will also greatly hurt the Germans, as well as everyone else.

So, in the end, I expect Germany to bend a little and help bail out the troubled countries.  It's really in their best interest in the end.  But if they don't get the troubled countries to reform first, it will just postpone the problem.

It's really a difficult position, in my opinion.

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Offline guncrasher

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Re: Euro
« Reply #35 on: May 24, 2012, 09:36:52 PM »
There seems to be some security issues with that new sound pack. :)

that's the problem mitsu doesnt want euro's anymore.  it's either home grown sinsemilla or some thai stuff.  and he wants a guaranteed delivery, last one was dropped off about 12 miles off dana point and the sharks ate some of it, no swimming allowed in sou cal as the sharks got the munchies now.


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Offline LCADolby

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Re: Euro
« Reply #36 on: May 25, 2012, 09:10:19 AM »
The Euro is a joke, and I have waited far to long for the punchline.
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Offline PR3D4TOR

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Re: Euro
« Reply #37 on: May 25, 2012, 10:37:03 AM »
In what way do you think the Euro is a joke?
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Offline LCADolby

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Re: Euro
« Reply #38 on: May 25, 2012, 10:58:36 AM »
A single currency between multiple countries and multiple performing economies as a good idea.

That I find funny.
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Offline PR3D4TOR

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Re: Euro
« Reply #39 on: May 25, 2012, 11:41:05 AM »
Works for the Dollar...
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Offline LCADolby

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Re: Euro
« Reply #40 on: May 25, 2012, 11:47:29 AM »
The Dollar doesn't cover multiple countries, but multiple states of one country.
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Offline PR3D4TOR

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Re: Euro
« Reply #41 on: May 25, 2012, 11:58:49 AM »
The U.S. is a federation of (in theory at least) sovereign states. The EU doesn't have a strong federal government (yet), but California and Alaska are as different as Italy and Finland, both in culture and economic performance. The average household income in Maryland is twice that of Mississippi.
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Offline Raphael

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Re: Euro
« Reply #42 on: May 25, 2012, 12:00:59 PM »
 :old: I'm telling ya! yuan is za future!!
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Offline PR3D4TOR

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Re: Euro
« Reply #43 on: May 25, 2012, 12:06:30 PM »
That may be true, however depressing...
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Offline LCADolby

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Re: Euro
« Reply #44 on: May 25, 2012, 12:12:38 PM »
OOoowww Raph... that's a burn...
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