Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Maniac on August 26, 2003, 05:56:31 AM

Title: Euro
Post by: Maniac on August 26, 2003, 05:56:31 AM
Hi.

We here in Sweden has to vote on 15 sept if we want to change our currency from the Swedish "Krona" to the "Euro".

I´m currently gonna vote yes...

You Finn´s and Germany people, was the switch to Euro an good thing or bad in your eyes?

Regards.
Title: Euro
Post by: _Schadenfreude_ on August 26, 2003, 06:04:34 AM
Tough one - I believe that cost of living went up hugely in Euroland after the change over - having said that Euro's are great for travelling these days - but I'd keep the Sterling forever personally....
Title: Euro
Post by: takeda on August 26, 2003, 06:19:40 AM
Prices of small things will go up with the roundings, ie. If something was worth 2 Krona, it will go to 25 cents instead of 22. It was even worse here in Spain, because the roundings to get nice "few coins" prices were even more outrageous, something worth 5 pesetas (i.e. little candy bar) went to 5 cents, which is more like 8 pesetas. Kids were pissed.
The government kept saying it wasn't going to be the case, but it was.

Other than that it's great for travelling or comparing prices throughout Europe. The fact that 1 Euro ~ 1 Dollar for fast comparisons also helps.

Most of the people including myself have gotten used pretty fast to everyday small prices, but house or car-buying money is still considered in pesetas in normal conversations.
Title: Euro
Post by: Duedel on August 26, 2003, 06:37:26 AM
IMO it was a great thing. I like the Euro very much cause in most countries u dont have to fool with francs lira etc. but:
I'm still thinking in DM that means when I see a price tag I'm thinking it costs only the half its worth (1,- € = 2,- DM).
Another problem was that with the Euro many items got more expencive (especially food).
Title: Euro
Post by: beet1e on August 26, 2003, 07:20:05 AM
The biggest problem with adopting the Euro is surrendering control of interest rates. Every country which adopts the Euro has to implement a Europe mandated interest rate, currently about 3½%. But look what's been happening in Germany - a recession, and in order to kickstart its economy, Germany really needs a big reduction in interest rates, perhaps to as low as ½%. But saddled with the Euro, it cannot reduce the interest rate - a reduction it badly needs.

I saw what loss of control of interest rates did to Britain between 1989-1992. First we had low interest rates at a time of economic boom. The brakes came off. House prices skyrocketed, borrowing became ridiculously easy - and that was the problem. All the late 80s wealth was perceived wealth. Everything was being bought with borrowed money. Then came the collapse - recession in 92, but interest rates cranked up to 15%!!! Thousands of businesses went bust, and people who had bought houses at high prices with 100% mortgages found themselves in negative equity - even if they sold their house at a much reduced value, they still owed money to the bank and were paying 15% interest on it.

Oh sure, the Euro is convenient for holidays, but I am sceptical to say the least about surrendering control of interest rates.
Title: Euro
Post by: Maniac on August 26, 2003, 01:11:51 PM
Quote
Oh sure, the Euro is convenient for holidays, but I am sceptical to say the least about surrendering control of interest rates.


Ya im aware about this... Somehow i belive that the Euro will make it easier to move around Europe and get work at different locations...

Im all for that...
Title: Euro
Post by: beet1e on August 26, 2003, 01:24:16 PM
Quote
Originally posted by Maniac
Ya im aware about this... Somehow i belive that the Euro will make it easier to move around Europe and get work at different locations...

Im all for that...
Maniac - It won't make any difference in that respect. Any European passport holder can already relocate and work in any of the other 14 member states. The local currency has no bearing on that.

I can't help thinking sometimes that the single currency was designed to precipitate an economic crisis within Europe, the only way out being introduction of federal taxes and federal grants - and more federal government.
Title: Euro
Post by: Swoop on August 26, 2003, 01:26:39 PM
In Holland......prices went up.  Especially in bars and restaurants.

(http://image1ex.villagephotos.com/extern/640697.jpg)
Title: Euro
Post by: gofaster on August 26, 2003, 01:31:07 PM
Those of us in the USA are glad to hear the Swedes are considering going to the Euro.  Now we just lump you in with the rest of Europe and no longer have to separately call your music and fashion "kronatrash".
Title: Euro
Post by: Udie on August 26, 2003, 02:06:45 PM
Quote
Originally posted by beet1e
the only way out being introduction of federal taxes and federal grants - and more federal government.



 I wonder if some true conservatives will appear in Europe because of this? :)
Title: Euro
Post by: _Schadenfreude_ on August 26, 2003, 03:02:11 PM
Only if use of a single currency causes a massive drop in IQ levels....
Title: Euro
Post by: Frogm4n on August 26, 2003, 03:12:33 PM
Ahh conservitism foiled again by the educated masses of europe.
Title: Euro
Post by: Udie on August 26, 2003, 03:14:11 PM
Quote
Originally posted by _Schadenfreude_
Only if use of a single currency causes a massive drop in IQ levels....



 Then you guys are doomed for ever.  You're collective IQ's couldn't drop anymore or you'd be like,  well.... Europeans :D
Title: Euro
Post by: straffo on August 26, 2003, 03:50:53 PM
.
Title: Euro
Post by: Sixpence on August 26, 2003, 03:53:11 PM
Quote
Originally posted by Rude
Explain to me the level of IQ necessary to allow the death of 10,000 citizens in a modern society, due to a heat wave.


It was a freak heat wave, they have never seen anything like it, I don't think they even have air conditioners. Don't forget, we had 400 people in chicago alone die during a heat wave in '95'
Title: Euro
Post by: Rude on August 26, 2003, 04:04:15 PM
I know that may have seemed harsh, but I cannot understand a government on any level which could allow this type of tragedy to take place.

It's been over 100 with highs of 106 here in the midwest....we have lost two people.

I'll delete the post and offer up an apology to those who read it....sometimes I just post what pops into my head.
Title: Euro
Post by: straffo on August 26, 2003, 04:45:15 PM
It was harsh especially because (but you were not aware)  that my wife lost her grand-mother this summer partly because of the heat.

I edited my post aswell.

And  "Mamy Nano" was a charming beautifull grand-mother incarning perfectly her role we were all proud of her.

And it was not because of the lack of care from the governement but because some SOB left their elder alone in the unusual heat we got this summer.

100/106 F is it frequent in Texas  ?
Here all record were broke this summer.
Title: Euro
Post by: Ping on August 26, 2003, 04:49:14 PM
The situation in France is akin to someone leaving their child in a Car in the middle of the heat of the summer.
 Its not the governments fault for stupid relatives neglecting their children or aged parents is situations that ultimately will prove fatal.http://www.cnn.com/2003/HEALTH/08/26/child.heat.deaths.ap/index.html
Title: Euro
Post by: Ping on August 26, 2003, 04:51:31 PM
Back on track...which States are members?
Too lazy to Google Search :)
Title: Euro
Post by: Rude on August 26, 2003, 05:01:20 PM
Quote
Originally posted by straffo
It was harsh especially because (but you were not aware)  that my wife lost her grand-mother this summer partly because of the heat.

I edited my post aswell.

And  "Mamy Nano" was a charming beautifull grand-mother incarning perfectly her role we were all proud of her.

And it was not because of the lack of care from the governement but because some SOB left their elder alone in the unusual heat we got this summer.

100/106 F is it frequent in Texas  ?
Here all record were broke this summer.


Like I said Straffo....never had the intent of hurting anyone...I re-read it and realized that it would most certainly be taken wrong.

I'm sorry about you wifes grandmother as well.

Record temps here as well....help me to understand how the French citizenship feels about this. Ya see, here in the states, radio, tv and print run public service announcements reminding people to look out for the elderly and such. Utility companies even offer free electricity to those who may not be able to afford it just so they can stay cool.

I guess I don't understand how this could happen at such a high level of human loss.
Title: Euro
Post by: straffo on August 26, 2003, 05:15:03 PM
(last contribution before going to bed ;))

We didn't had "states, radio, tv and print run public service announcements" because it's not usual in France in fact we are suposed to do that on our own (at least it's how it work usualy).

The French are extremly individualists/arrogants and this kind of annoucement is often seen as not necessary even if it's proven after that they were in fact necessary.

For exemple why do we French have more death per kilometer than the other Euro country ?
Because 99%  the French think that it's the others drivers who are dangerous...


What I'm trying to expose is the "basic" french psychologie ,I guess Frenchy will agree and explain this better than me.

Lastly  "Utility companies even offer free electricity" we generally don't have A/C in houses in France it's only since 4/5 year that our average car got A/C when the American got it long ago ...

regards ...
I'm sleeping in front of my puter now :D
Title: Euro
Post by: Udie on August 26, 2003, 05:24:43 PM
Quote
Originally posted by straffo
(last contribution before going to bed ;))

We didn't had "states, radio, tv and print run public service announcements" because it's not usual in France in fact we are suposed to do that on our own (at least it's how it work usualy).

The French have extremly individualists/arrogants and this kind of annoucement is often seen as not necessary even if it's proven after that they were in fact necessary.

For exemple why do we French have more death per kilometer than the other Euro country ?
Because 99%  the French think that it's the others drivers who are dangerous...


What I'm trying to expose is the "basic" french psychologie ,I guess Frenchy will agree and explain this better than me.

Lastly  "Utility companies even offer free electricity" we generally don't have A/C in houses in France it's only since 4/5 year that our average car got A/C when the American got it long ago ...

regards ...
I'm sleeping in front of my puter now :D



 Jeez sounds like me.  I hate those stupid public service announcements.  I'm dumb but I'm not THAT dumb!  Sorry to hear about your wifes grandmom :(  that kind of makes it a bit personal.   I see 10,000 people dead from heat wave and I think "stupid French" but I guess if you don't have a/c's then 100 could be very deadly.  Summer here in Austin has been strange.  It started off REAL HOT, then we had that nice cooling down in July and now in August we're around 95-100 everyday.  That's about 5 degrees,or so,  cooler than normal.

 I still have to say though that I am very surprised that 10,000 people have died because of heat over there.
Title: Euro
Post by: NUKE on August 27, 2003, 02:01:42 AM
Quote
Originally posted by beet1e
Maniac - It won't make any difference in that respect. Any European passport holder can already relocate and work in any of the other 14 member states. The local currency has no bearing on that.

I can't help thinking sometimes that the single currency was designed to precipitate an economic crisis within Europe, the only way out being introduction of federal taxes and federal grants - and more federal government.


Beetle I have  negative views of the Euro. Having a common currency along with the built in economic rules is a receipe for disaster IMO.

 A common currency may be a  backdoor into control of Europe IMO.....

I have felt for a long time that the EU, with it's strick economic integration, will lead to conflict amonst some members  resulting in a possible world war.
Title: Euro
Post by: beet1e on August 27, 2003, 04:31:04 AM
Quote
Originally posted by Ping
Back on track...which States are members?
Too lazy to Google Search :)
Ping, I could say I'm too lazy to list them for you, but it will be a good exercise to see if I can remember them all myself - lol.

Here they are, in no particluar order.

[list=1]Note that in the above list, the UK, Denmark and Sweden did not join the single currency on 1st January, 2002.
Title: Euro
Post by: MrCoffee on August 27, 2003, 04:33:21 AM
Just curious, whats the weather like over there?
Title: Euro
Post by: Maniac on August 27, 2003, 04:38:32 AM
Quote
Just curious, whats the weather like over there?


Like **** here in Sweden... Summer is gone, its gonna rain for about 1-2 months now and then the Winter sets in...

:(
Title: Euro
Post by: Maniac on August 27, 2003, 04:41:51 AM
Quote
In Holland......prices went up. Especially in bars and restaurants.


And the Weed?
Title: Euro
Post by: Swoop on August 27, 2003, 04:51:05 AM
That too.

(http://image1ex.villagephotos.com/extern/640697.jpg)
Title: Euro
Post by: Fishu on August 27, 2003, 04:51:41 AM
I'd say swedes should join the euro.
It ain't the prettiest looking currency, but with the whole EU participating in the euro, it'll be much easier to do business in the other EU countries and probably makes the whole EU area stronger economically.
It's quite nice when you don't have to convert between currencies within EU and the dollar is on a par with it, so it'll be also easy to count US billings ;)
It didn't do much for the prices aside the normal inflation, except for some reason Finland didn't take 1 and 2 cent coins in use, but stores are selling stuff for prices like 4.97€, but then again, they did the same with FIM - 4.95 FIM and no 5 pennies existed.
Although 5 cents is six times the worth of it.


Takeda,

5 cents for a small candy?
Here the unwrapped candies are sold by the weight and none of the wrapped up candies cost were under 5 cents even prior to €.
It's been quite a long time from the last time when unwrapped candies were sold on per candy basis.
Title: Euro
Post by: Dowding on August 27, 2003, 05:27:42 AM
Screw the EU.

Rule Britannia all the way.

Scum sucking continentals and their second rate countries.
Title: Euro
Post by: takeda on August 27, 2003, 05:39:03 AM
I waaant candy.

Small unwrapped jelly thingies are sold by the weight too, but somewhat bigger ones as well as wrapped single pieces of chewing gum go for 5 cent. Some places will also sell single wrapped regular candies for 5 cent.

There are some -huge- unwrapped jellies for 25 cent.

Lollypops go from 10 cents to 20, depends on "caliber".

There's really quite a lot of different stuff, I have noticed less variety when going abroad.

All those prices are actually from 30 to 60% higher than before the euro, I guess pocket money for the kids had to be adjusted accordingly...

From time to time I still allow myself to get 200 or 300 gr. of that sugar overdose, the hangover can be nasty :)
Title: Euro
Post by: Maniac on August 27, 2003, 06:56:52 AM
Quote
Just curious, whats the weather like over there?


Word djust in, first snow fell today in the northen parts of Sweden, aint this an great country or what!!! :rolleyes:
Title: Euro
Post by: _Schadenfreude_ on August 27, 2003, 06:59:12 AM
Quote
Originally posted by Dowding
Screw the EU.

Rule Britannia all the way.

Scum sucking continentals and their second rate countries.


Gosh Dowding, change a word or two in the first sentence and you could be mistaken for an AMerican!! You must be so proud...
Title: Euro
Post by: Dowding on August 27, 2003, 07:02:14 AM
I'm going all Grunherzian for a change. I'm going to be a right wing fascist for the foreseeable future.

Sorry Grunherz. :D
Title: Euro
Post by: Eagler on August 27, 2003, 07:31:27 AM
it is their only hope to beat the US Dollar $$$$

alone, no one European country could ever do it, they'll all jump on the euro bandwagon - just another step for a world gov
Title: Euro
Post by: Ripsnort on August 27, 2003, 07:36:19 AM
Quote
Originally posted by Dowding
I'm going all Grunherzian for a change. I'm going to be a right wing fascist for the foreseeable future.

Sorry Grunherz. :D


Psychology is a funny thing...someone flashes the mirror in your face from time to time and you label them a right wing fascist! LOL! The entertainment here is endless. :)
Title: Euro
Post by: Dowding on August 27, 2003, 07:43:47 AM
I didn't know we were in the company of a qualified psychologist! Fancy that!
Title: Euro
Post by: Swoop on August 27, 2003, 07:55:52 AM
Say Dowd, did ya shag her then or what?  And are you still gay?  And what did Swoopy change his handle to?

(http://image1ex.villagephotos.com/extern/640697.jpg)
Title: Euro
Post by: Ripsnort on August 27, 2003, 08:05:00 AM
Quote
Originally posted by Dowding
I didn't know we were in the company of a qualified psychologist! Fancy that!


Thanks for the compliment, but I am merely a student of, and find the subject fascinating.
Title: Euro
Post by: Dowding on August 27, 2003, 08:09:34 AM
I've given up the gay thing. I'm shagging someone else, but seeing the boobies girl this weekend. And Swoopy probably still flies under the same handle when he is not shagging his new bird. Oh, and his monitor blew up so he isn't flying at all.
Title: Euro
Post by: -tronski- on August 27, 2003, 08:55:40 AM
Quote
Originally posted by Dowding
I've given up the gay thing. I'm shagging someone else, but seeing the boobies girl this weekend. And Swoopy probably still flies under the same handle when he is not shagging his new bird. Oh, and his monitor blew up so he isn't flying at all.


the boobies girl....oh you charmer! :D

with stuff like that I shouldn't be at all suprised to see Kylie (or Danni) on your arm eh?

 Tronsky
Title: Euro
Post by: Dowding on August 27, 2003, 09:05:11 AM
Or both! :D

I wish...
Title: Euro
Post by: AKIron on August 27, 2003, 09:13:34 AM
Quote
Originally posted by straffo
It was harsh especially because (but you were not aware)  that my wife lost her grand-mother this summer partly because of the heat.

I edited my post aswell.

And  "Mamy Nano" was a charming beautifull grand-mother incarning perfectly her role we were all proud of her.

And it was not because of the lack of care from the governement but because some SOB left their elder alone in the unusual heat we got this summer.

100/106 F is it frequent in Texas  ?
Here all record were broke this summer.


Here's an article from a couple of years ago. 44 days straight with triple digit temps. Highest was 111 in Dallas, 112 in Austin. Didn't get much cooler at night either.

BTW, Texas is not considered to be the midwest here. What Rude was referring to as the midwest is geographically in the north eastern part of the US.

http://www.usatoday.com/weather/news/2000/wtexheat907.htm
Title: Euro
Post by: Skuzzy on August 27, 2003, 09:22:41 AM
A typical summer in North/West Texas will easily have a couple of weeks worth of triple digit temperatures.  Most of these triple digit temps will range between 104F and 109F.

During those hot days, there is almost always a couple of deaths.
Title: Euro
Post by: Ripsnort on August 27, 2003, 09:26:01 AM
We just set a state record for consecutive days above 70 deg. (50) :eek: ;)
Title: Euro
Post by: Frogm4n on August 27, 2003, 09:26:46 AM
actually eagler the euro already has more buying power then the US$
Title: Euro
Post by: AKIron on August 27, 2003, 09:27:36 AM
Quote
Originally posted by Ripsnort
We just set a state record for consecutive days above 70 deg. (50) :eek: ;)


I hate you. ;)
Title: Euro
Post by: frank3 on August 27, 2003, 09:45:59 AM
1 Euro is about $1.10 now

And why do I have a dollar sign instead of an Euro on my keyboard! :mad:
Title: Euro
Post by: Eagler on August 27, 2003, 09:59:46 AM
Quote
Originally posted by frank3
1 Euro is about $1.10 now..



so .. what good is it if the cost of living is higher?

In the early 70's the british pound was about a $1.50

still the majority of brits in the newcastle/tynemouth did not own a car and had the impression the average yank was a millionaire
Title: Euro
Post by: Dowding on August 27, 2003, 10:13:29 AM
Quote
In the early 70's the british pound was about a $1.50

still the majority of brits in the newcastle/tynemouth did not own a car


It's $1.56 today and was in the $1.60s a few weeks ago.

And I call BS on the idea that a 'majority' of Brits in the Tyne area did not own a car. You must have lived in the poorest of areas.
Title: Euro
Post by: Swoop on August 27, 2003, 10:15:52 AM
*sniff* :(

It was €1.42 to the £ not so long ago.


Wish it was 1:1, man I'd be rich.....

(http://image1ex.villagephotos.com/extern/640697.jpg)
Title: Euro
Post by: Eagler on August 27, 2003, 11:02:25 AM
Quote
Originally posted by Dowding
It's $1.56 today and was in the $1.60s a few weeks ago.

And I call BS on the idea that a 'majority' of Brits in the Tyne area did not own a car. You must have lived in the poorest of areas.


71 - 72 way before you were hatched -  the majority of brits in and around us in tynemouth rode the bus

poor section? the entire place was a postage stamp and yes they were all going through hard times. they had just switched over the currency from the pence to what you use today.