Originally posted by WTFH
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Reply to: So Greece, remember them?
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Previously on "So Greece, remember them?"
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Originally posted by scooterscot View PostThat's no bad thing. Knee jerk reactions to big problems is the last thing anyone needs. The economic results coming out of the PIGS are proving that point.
Kippers, no more planning than a dog chasing a car has plans to drive it. Woof.
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Originally posted by WTFH View PostMeanwhile in the UK, billions of pounds have been generated through QE, oh yeah, £450billion, or about 1/4 of what the ECB has generated.
The might of the British Empire may make you think that the UK is a powerhouse, but it isn't 1/4 of the EU.
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Originally posted by BlasterBates View PostGood post lots of Telegraph journalists in the past preaching that Greece couldn't possible recover without leaving the Euro. In fact they preached that neither Ireland, Italy, Portugal or Spain could possible avoid leaving the Euro.
They were wrong, lets just remember that. They seem to have finally given up predicting the imminent demise of the Euro.
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Originally posted by PurpleGorilla View PostThe Eurozone is extremely slow to react to challenging financial situations. It’s this lack of agility that makes it vulnerable..
Kippers, no more planning than a dog chasing a car has plans to drive it. Woof.
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Originally posted by WTFH View PostMeanwhile in the UK, billions of pounds have been generated through QE, oh yeah, £450billion, or about 1/4 of what the ECB has generated.
The might of the British Empire may make you think that the UK is a powerhouse, but it isn't 1/4 of the EU.
Leave a comment:
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Originally posted by PurpleGorilla View PostThe Eurozone is extremely slow to react to challenging financial situations. It’s this lack of agility that makes it vulnerable. Interest rates in the Eurozone are zero (and even negative), billions of euros have been generated through QE. Come the next GFC, the central bank’s Arsenal is considerably depleted. It is then, IMHO that the true resilience of the Euro will be tested. For my part I want the UK to have nothing to do with that sinking ship.
The might of the British Empire may make you think that the UK is a powerhouse, but it isn't 1/4 of the EU.
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Originally posted by BlasterBates View PostThis sounds like another "demise" prediction.
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Originally posted by PurpleGorilla View PostThe Eurozone is extremely slow to react to challenging financial situations. It’s this lack of agility that makes it vulnerable. Interest rates in the Eurozone are zero (and even negative), billions of euros have been generated through QE. Come the next GFC, the central bank’s Arsenal is considerably depleted. It is then, IMHO that the true resilience of the Euro will be tested. For my part I want the UK to have nothing to do with that sinking ship.
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Originally posted by BlasterBates View PostGood post lots of Telegraph journalists in the past preaching that Greece couldn't possible recover without leaving the Euro. In fact they preached that neither Ireland, Italy, Portugal or Spain could possible avoid leaving the Euro.
They were wrong, lets just remember that. They seem to have finally given up predicting the imminent demise of the Euro.
Leave a comment:
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Good post lots of Telegraph journalists in the past preaching that Greece couldn't possible recover without leaving the Euro. In fact they preached that neither Ireland, Italy, Portugal or Spain could possible avoid leaving the Euro.
They were wrong, lets just remember that. They seem to have finally given up predicting the imminent demise of the Euro.
Leave a comment:
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Originally posted by TheGreenBastard View PostThis statement is as retarded as the opening post.
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Keep meaning to book a holiday to Santorini, thanks for the reminder
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