If your money is in Euros get out now ...

**fullyautomatix** · 8 November 2011, 15:14

Okay oh wise one, get out of Euros and go where ?

Zimbabwe dollars ?

**sasguru** · 8 November 2011, 15:15

Originally posted by BlasterBates View Post

If you'd followed that advice you'd already be down 0.25%.

GBP/EUR Übersicht - FTD.de Markets

I'm talking long term. These gyrations due to Italy vote and ministers meetings don't really signify much

**Mich the Tester** · 8 November 2011, 15:17

Originally posted by fullyautomatix View Post

Okay oh wise one, get out of Euros and go where ?

Zimbabwe dollars ?

Angolan Kwanzas mate; surefire winner.

**Mich the Tester** · 8 November 2011, 15:17

Originally posted by sasguru View Post

These gyrations due to Italy vote and ministers meetings don't really signify much

They're holding bunga bunga parties in parliament now are they?

**TimberWolf** · 8 November 2011, 16:47

There was something in the news today about some guy saying the UK would need to print £1 trillion if the Euro collapses.

Ah, here it is:

In addition, Fathom Consulting warned a disorderly default in the eurozone would trigger a recession requiring an extra £1 trillion of additional quantitative easing in the UK to keep to inflation targets.
Eurozone ministers fail to create €1 trillion bail-out fund - Telegraph

Frying pan/fire.

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