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Who is prepared to admit they were wrong about the Euro?

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    #71
    They can always print money. And why not, everyone else is at it.

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      #72
      Originally posted by scooterscot View Post
      Every since the UK has managed it's fiscal policies the euro has grown in strength. Even with the threat of default today it trades 1.146 to the £.

      After the darkness has passed the UK with be left with some of the most expensive goods and services in world. How is that going to help recovery if no one spends its £'s? Doomed.
      I take it Economics was'nt on the curriculum at your kindergarten
      Let us not forget EU open doors immigration benefits IT contractors more than anyone

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        #73
        Originally posted by DodgyAgent View Post
        I take it Economics was'nt on the curriculum at your kindergarten


        Manages to contradict himself in 2 sentences.
        Hard Brexit now!
        #prayfornodeal

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          #74
          Originally posted by sasguru View Post
          That's exactly it, they can't be bailed out anymore. Even Germany's government debt is too high.
          Everybody's debt is too high (apart from prudent savers like me who got shafted for it), Germany's debt is better all things considered.

          Comment


            #75
            Originally posted by AtW View Post
            Everybody's debt is too high (apart from prudent savers like me who got shafted for it), Germany's debt is better all things considered.
            Higher as a proportion of GDP than the UK?
            Hard Brexit now!
            #prayfornodeal

            Comment


              #76
              Originally posted by sasguru View Post
              Higher as a proportion of GDP than the UK?
              AtW have you paid that poor dutchman back that money he lent you from his life savings?
              Let us not forget EU open doors immigration benefits IT contractors more than anyone

              Comment


                #77
                Originally posted by DodgyAgent View Post
                I take it Economics was'nt on the curriculum at your kindergarten
                Thankfully not. George tells me all I need to know,
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                  #78
                  Originally posted by scooterscot View Post
                  Thankfully not. George tells me all I need to know,
                  Well I would have thought it would be obvious to anyone, but the biggest moron, that when a country's currency falls, its goods become cheaper.

                  Stupidity on your level is indeed very rare .
                  Last edited by sasguru; 22 September 2011, 14:44.
                  Hard Brexit now!
                  #prayfornodeal

                  Comment


                    #79
                    Originally posted by scooterscot View Post
                    Thankfully not. George tells me all I need to know,
                    Is that Chicken George or George Bush or Boy George?
                    Let us not forget EU open doors immigration benefits IT contractors more than anyone

                    Comment


                      #80
                      Originally posted by DodgyAgent View Post
                      Is that Chicken George or George Bush or Boy George?
                      George from Rainbow.

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