Reply to: Americans already planning to invade Europe

[scooterscot]

Italy, not Ireland. Where do you get your news from?

cuk

And if anyone believes this has nothing to do with currency they really are not paying attention!

Currency did not cause the problem, governments spending more than they were collecting caused the problem.

You don't actually know what you mean by isolation, do you. You just trot out an alarmist word you've heard to sneer at the UK because they are fed up with Europe's bureaucratic, centrist, socialist direction.

I read the comment from the times DC is standing on the pier waving goodbye to the Tiantic, after his veto. Many hits.

The funny thing about that is it was the majority that stayed on dry land whilst the minority that sailed away to their doom. 26 countries versus 1? oh dear.

[suityou01]

Doodab, do you still disbelieve me that Germany are printing Marks?

Yes. It's a bulltulip internet rumour that has been knocking around for a couple of months on the back of a speculative utterance a former adviser to the bush administration made in an interview to a Swedish newspaper. I've seen no actual evidence, and one would expect the Germans to provide a fair bit of warning (12-18 months or more, given their love of planning things in detail) because vending machines, cashpoints and computer systems would need to be adapted and they would find it unacceptable if anything were to actually stop working efficiently.

What planet are you on? I was sitting next to a senior executive from the ECB last night and when presented with this scenario just looked at me if I really was a stupid Englishman...

There goes Max Keiser's reputation then

I think I'll stick with Max

[Doggy Styles]

<various ill-informed stuff>

Italy, not Ireland. Where do you get your news from?

And if anyone believes this has nothing to do with currency they really are not paying attention!

And as for isolation - you've fallen for that one hook, line and sinker!

You don't actually know what you mean by isolation, do you. You just trot out an alarmist word you've heard to sneer at the UK because they are fed up with Europe's bureaucratic, centrist, socialist direction.

[gingerjedi]

The difference between this and my UK pension that has lost £k's over the last 4 years is what exactly? I've actually stopped paying into my UK pension 10 months ago so sickened was I.

I'm only saying what I heard from economists on R4, they say Euro banks aren't safe whilst this fiasco goes on unsolved.

They also said the German public seem to be ignorant to the danger this poses to their savings .

[scooterscot]

Part of the problem is the German people don't realise it's their precious savings that are at risk if it all goes tits up, the lack of media coverage may be their downfall.

Then there's the German obsession with preventing future leaks rather than concentrating on plugging the big gaping hole in the roof they have now.

The difference between this and my UK pension that has lost £k's over the last 4 years is what exactly? I've actually stopped paying into my UK pension 10 months ago so sickened was I.

[scooterscot]

If "life goes on nothing to see here" in Europe why have European leaders been panicking from meeting to meeting for the past three months?

Why? I'll give it a go. % on bonds, as long as rating agencies controlled by interests in the city and the US can have open season, debt from irresponsible governments. This is the forceable future and it's nothing to do with currency. Perhaps you could explain why this failed currency has gained 3% over sterling the past 12 months?

Why have there been riots in the PIGS countries against the enforced austerity measures?

The only riots that I've seen in the news are those in Greece and London. LG not PIGS. Riots in Ireland? Seriously? Spain and Portugal had protests, no riots I can remember. London riots have been splattered over every tabloid from those I saw in Holland to DE.

Why are you suddenly having a go at rich people?

Am I, I suppose the last post sounds this way. I'm not concerned about wealth, don't care really, I care much more for those who use the wealth to influence the poor and deprived. That's behaviour you would not even see in the animal kingdom.

This is from Le Monde: "Let's be fair. The British have nothing to do with the euro crisis. They are not responsible for the inability of the eurozone leaders to resolve their sovereign debt problems. It makes sense that the British resist a move towards greater economic and budgetary integration. They don't believe in it. They do not believe in the idea of the European Union. Britain, which joined the then European Economic Community in 1973, is interested just in one thing: the single market. They [the British] are indifferent about the rest of the European project, when they are not hostile to it."

That is our position in a nutshell. Not a problem is it?

Indeed it is. Self interest and isolation. It's a strange position from a country that once tried to rule the world!

I suppose if the UK became more like Switzerland it would be no bad thing, the value of my houses is sure to rise.

[gingerjedi]

Travelling between the UK and DE frequently it's alarming how different the two sides of the story are playing out.

DE: Live goes on nothing to see here.

UK: Euro in flames splashed across tabloids.


The media is wielding far too much influence, or should I say as always, power remains in the hands of the rich and it shows.

Part of the problem is the German people don't realise it's their precious savings that are at risk if it all goes tits up, the lack of media coverage may be their downfall.

Then there's the German obsession with preventing future leaks rather than concentrating on plugging the big gaping hole in the roof they have now.

[doodab]

If "life goes on nothing to see here" in Europe why have European leaders been panicking from meeting to meeting for the past three months? Why have there been riots in the PIGS countries against the enforced austerity measures?

This is from Le Monde: "Let's be fair. The British have nothing to do with the euro crisis. They are not responsible for the inability of the eurozone leaders to resolve their sovereign debt problems. It makes sense that the British resist a move towards greater economic and budgetary integration. They don't believe in it. They do not believe in the idea of the European Union. Britain, which joined the then European Economic Community in 1973, is interested just in one thing: the single market. They [the British] are indifferent about the rest of the European project, when they are not hostile to it."

That is our position in a nutshell. Not a problem is it?

That pretty much sums it up i think, although it glosses over the broader spectrum of viewpoints that sum to that aggregate result. Interesting that it takes a french newspaper to put it so succinctly.

[Doggy Styles]

Travelling between the UK and DE frequently it's alarming how different the two sides of the story are playing out.

DE: Live goes on nothing to see here.

UK: Euro in flames splashed across tabloids.

The media is wielding far too much influence, or should I say as always, power remains in the hands of the rich and it shows.

If "life goes on nothing to see here" in Europe why have European leaders been panicking from meeting to meeting for the past three months? Why have there been riots in the PIGS countries against the enforced austerity measures? Why are you suddenly having a go at rich people?

This is from Le Monde: "Let's be fair. The British have nothing to do with the euro crisis. They are not responsible for the inability of the eurozone leaders to resolve their sovereign debt problems. It makes sense that the British resist a move towards greater economic and budgetary integration. They don't believe in it. They do not believe in the idea of the European Union. Britain, which joined the then European Economic Community in 1973, is interested just in one thing: the single market. They [the British] are indifferent about the rest of the European project, when they are not hostile to it."

That is our position in a nutshell. Not a problem is it?

[Doggy Styles]

Funny, I thought it was about unregulated banking damaging stability and causing social unrest. Governments spent more than they had, how is that a currency problem?

The treaty is an attempt to remedy the eurozone crisis, which I suspect is a problem to do with currency.

[scooterscot]

What planet are you on? I was sitting next to a senior executive from the ECB last night and when presented with this scenario just looked at me if I really was a stupid Englishman...

Travelling between the UK and DE frequently it's alarming how different the two sides of the story are playing out.

DE: Live goes on nothing to see here.

UK: Euro in flames splashed across tabloids.


The media is wielding far too much influence, or should I say as always, power remains in the hands of the rich and it shows.

[darmstadt]

Doodab, do you still disbelieve me that Germany are printing Marks?

What planet are you on? I was sitting next to a senior executive from the ECB last night and when presented with this scenario just looked at me if I really was a stupid Englishman...

[scooterscot]

Remember that this is about the common currency. Not about trade, defence, health, and all the other things that we still co-operate fully with the EU about.

Funny, I thought it was about unregulated banking damaging stability and causing social unrest. Governments spent more than they had, how is that a currency problem?

[doodab]

Doodab, do you still disbelieve me that Germany are printing Marks?

Yes. It's a bulltulip internet rumour that has been knocking around for a couple of months on the back of a speculative utterance a former adviser to the bush administration made in an interview to a Swedish newspaper. I've seen no actual evidence, and one would expect the Germans to provide a fair bit of warning (12-18 months or more, given their love of planning things in detail) because vending machines, cashpoints and computer systems would need to be adapted and they would find it unacceptable if anything were to actually stop working efficiently.

[scooterscot]

Doodab, do you still disbelieve me that Germany are printing Marks?

Oh goody,