A question for you Europeans about the future of the Euro......

[MetalMagpie]

British over here.

We're at risk of a slide into recession if it all goes really ugly. Which means that - for once - I'm actually quite glad the company I work for is owned by a big Israeli corp. Less chance of losing my job!

 

[Ironside]

I haven't noticed anything in the uk yet and most people in the richer north/west of europe probably won't notice much even if greece leaves the eurozone. However when Spain and Italy go it may be a different story.

Also the UK will probably see another wave of Irish immigration i would imagine since they've also ballsed up their economy, so maybe that will be something noticeable further into the future.

I mean basically we have more money then than the currency is worth, for those not knowing banks have stuff that equals the worth of the currency like jewels, gold etc which would mean we burn and melt all the Greece Euros'? No idea really what happens then.

Do we still do that? I thought we stopped backing our currency with gold and whatnot when we stopped using the gold standard. THe money we use these days isn't really backed up by anything is it?

Well, our currency has basically failed. None of the Euro leaders will want to admit it yet, but it's only a matter of time before they do. And the funny thing is that they knew it was going to fail before they even introduced it. They knew the souther areas of Europe were going to play loose with the rules, but stubbornly they went through with it anyway.

So now after 10 years or so of increased wealth, we're stuck with Greece, Italy's and Spain's colossal debt. Which we will have to pay and of which we will see no return at all.

Have I felt the pinch yet? No, but starting next year the value-added tax wil raise significantly as will health care.

Greece even broke the rules just to get into the eurozone by hiding all their debt and whatnot, but for some reason no-one found anything suspicious about that and because the EU is ruled by idiots they just decided to invite all the crappy countries to join the same currency as Germany and now they are paying the pricd for their stupidity.

ALso its not just Greece, Italy and Spain. Portugal isn't doing too well either and its looking like the UK is going to have to save the Irish banks again in a few weeks time.

Anyway; I'm in the UK, where we don't have the Euro but are going to get shafted one way or another, either by being taxed for any-fucking-thing to pay for other countries' debts, or pay off our own I don't bloody know; or immigrants fleeing their collapsing nations into our succulent green and verdant pastures.

In 1975 I believe, the UK needed everyone else to bail them out.

Stop complaining, you guys asked for money before.

OT: I'm Irish...

Yeah. That should explain how I'm getting hit by everything.

The difference is that we payed it back - hell we've already pledged more to the imf in the last 5 years than we recieved in 1975. And besides the situation's aren't really comparable - in 1975 the UK was still suffering from the costly break up of the empire, the cost of rebuilding the country after ww2 and the rise of socialism (Ok that last one still causes huge problems today, but its still a reason). Ireland and suothern europes problems are caused by a mixture of their own incompetence and the stupidity of the EU leaders for inviting them all in the first place.

 

[bjj hero]

The biggest issue is Greeces 3rd world tax system. If they could actually collect the tax thats due then they could sort their finances.

I hate paying tax too, but its how nations run. When everyones tax dodging is about to sink the country you have a problem that tightening your belt just wont fix.

 

[Agent Larkin]

Paraphrasing I know but here goes:

"Has the Euro devaluing affected you?"

Well let's consult the evidence. I'm unemployed due to there being no work available. My country is so Politically bankrupt (as in no politicians worth a damn) that we have nobody to try and even give the country guidance. We have an election coming up on a Fiscal Treaty THAT HASN'T EVEN BEEN FINISHED WRITTEN YET that would see us further, for lack of a better word, enslaved to the bureaucrats in Europe who are above reproach by anyone. My Father is out of work and my mother had to leave work to look after my grandparents because the state can't afford to pay them a pension worth a damn while ex-TD's are living off four to six pensions while they are years away from retirement age. The only party gathering any sort of support is a party who I disagree with on a number of Fundamental stand points the least of which being the fact that they are a Nationalist party.

And oh yeah if the Greece leaves my country will probably follow because the fat pig-shit for brains Finance Minister we have will probably think: "Huhu the Punt sounds funnier then the Euro." My support for that speculation is that he recently went on record saying the ONLY thing that would happen if Greece left the Euro would be that Feta cheese would be more expensive.

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

 

[370999]

I'm Irish so yes we are really being affected. A lot of our problems came from having to keep the banks afloat due to the loans that German banks gave to Irish banks when the building sector was booming collapsing, thus meaning that we are stuck in this horrid situation. Really it's making both hate the EU and our cowardly political class who sold us out so they can grow fat eating at the trough of parliamentary politics.

 

[The Artificially Prolonged]

Well I imagine after the greek elections most will be using euros as toilet paper. It a sorry state of affairs for all European countries. Here in Britain where back in recession, growth is shrinking and there is talk of quantitative easing again to help stimulate some growth. Britain pretty back is back where it was 3 years ago except now if the Euro goes down we're likely to go down with it. Essentially we are like a planet orbiting a black hole at this point.

 

[Wintermoot]

yeah thanks to Greece we have less money to spend they already talked about Holland depositing lots of money into some kinda of fund. I honestly doubt that all those politicians know how much all that money,s worth (last time I heard about it it was a few million).
although the euro is still worth more then the dollar so there,s that.

 

[Ironside]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

 

[DanielBrown]

We don't have euro in Sweden, so I guess I... don't really give a shit?
Waka waka

 

[Agent Larkin]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

The amount of times I have to put up with people from the UK saying one second that they are not European and then the next second turning around and trying to tell the EU (good luck with that) what to do drives me up the wall.

Granted I realise I acted without properly reading over this thread.

 

[teebeeohh]

well greece has to pull through, they still owe us about half a billion for tanks and subs.
And it doesn't effect me right now, we germans(as in normal people, not companies) did not get a piece of the pie that was the economic till '08. most people didn't even get enough of a raise to counter inflation so instead of getting fucked massively now we got fucked slowly.

 

[370999]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

The amount of times I have to put up with people from the UK saying one second that they are not European and then the next second turning around and trying to tell the EU (good luck with that) what to do drives me up the wall.

Granted I realise I acted without properly reading over this thread.

Us European never really seemed to have a problem with calling the Americans stupid and commentating on their politics so it seems a bit late in the game to suggest the Brits can't do it to the EU.

 

[Agent Larkin]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

The amount of times I have to put up with people from the UK saying one second that they are not European and then the next second turning around and trying to tell the EU (good luck with that) what to do drives me up the wall.

Granted I realise I acted without properly reading over this thread.

Us European never really seemed to have a problem with calling the Americans stupid and commentating on their politics so it seems a bit late in the game to suggest the Brits can't do it to the EU.

Yes but there is a difference in that we can only comment on the US we can't get involved, the British however can do both with Europe.

 

[370999]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

The amount of times I have to put up with people from the UK saying one second that they are not European and then the next second turning around and trying to tell the EU (good luck with that) what to do drives me up the wall.

Granted I realise I acted without properly reading over this thread.

Us European never really seemed to have a problem with calling the Americans stupid and commentating on their politics so it seems a bit late in the game to suggest the Brits can't do it to the EU.

Yes but there is a difference in that we can only comment on the US we can't get involved, the British however can do both with Europe.

Woudl you extend that view to saying people from the North of Ireland can't comment on the affairs of the Republic? I mean they could get involved (I would hate them to) so surely it is wrong for them to comment? Likewise is it wrong for the Taiwanese to discuss what the People's Republic is up to? Or the South Koreans to comment about the affairs of the North?

In fact surely to properly be able to formulate a policy of wherever you should join, there is a need to comment on the affairs of the other political body? And surely if it affect them, like the EU does England it is of interest to comment about their internal affairs?

I just think it is a peculiar place to draw the line in the sand

 

[Agent Larkin]

Also to all the people from the UK who feel the need to post here allow me to reiterate something I would have thought you would have picked up by now. Either your Europeans or your not. Stop trying to pick and choose. Hell when I'm getting leaflets from UKIP telling me how to vote in a European election I think it's fair to say that you are over-stepping your boundaries.

What are we trying to pick and choose? Are you trying to say that just because we hate the EU it means we aren't European? The OP asked if Europeans had noticed any affects from the demise of the Euro, so since we are from Europe and the Euro is going to screw us over we posted here.

The amount of times I have to put up with people from the UK saying one second that they are not European and then the next second turning around and trying to tell the EU (good luck with that) what to do drives me up the wall.

Granted I realise I acted without properly reading over this thread.

Us European never really seemed to have a problem with calling the Americans stupid and commentating on their politics so it seems a bit late in the game to suggest the Brits can't do it to the EU.

Yes but there is a difference in that we can only comment on the US we can't get involved, the British however can do both with Europe.

Woudl you extend that view to saying people from the North of Ireland can't comment on the affairs of the Republic? I mean they could get involved (I would hate them to) so surely it is wrong for them to comment? Likewise is it wrong for the Taiwanese to discuss what the People's Republic is up to? Or the South Koreans to comment about the affairs of the North?

In fact surely to properly be able to formulate a policy of wherever you should join, there is a need to comment on the affairs of the other political body? And surely if it affect them, like the EU does England it is of interest to comment about their internal affairs?

I just think it is a peculiar place to draw the line in the sand

The problem with the Northern Irish or the Republic of China that you just mentioned is that neither of them are part of the organisation. Northern Ireland, for example, doesn't elect people to the government of the Republic, just as the Republic of China doesn't elect people to the People's Republic of China. Ditto again with the Korean's.

The British can and do however elect people to the European parliament and so they not only can comment on something but can also change it if they wish. My problem is not with that it is with certain people within the UK who on the one hand state vehmethley that they are not European but then try to tell the EU what to do. It annoys me that they can't make there mind up as to whether or not they are actually European.

It also annoys me due to the fact that if Britian actually got fully involved there would actually be a nation that would have different views to that of the continent and would have the size to make there opinions heard.

 

[Da pyro man 999]

I had an idea to solve the entire crisis, but me being me, i probably haven't thought it through. Every European country drops all of its international debts. My idea behind this is because nobody can pay each other back, and all we're doing is tearing each other apart.

 

[Pipotchi]

Paraphrasing I know but here goes:

"

Problem is, austerity is starting to look like a bad thing. The head of the IMF looked over

This is too true, that Cretin Osborne has been waffling on about belt tightening and austerity for the past 2 years whilst at the same time lamenting that Britons are not spending enough money to boost the economy.

Well no shit! peopke don't generally spend their money when they might lose their public sector job any day, they save their cash to spend on clean water and shotgun shells.

If I thought the Conservatives were evil I could accept it but the Euro Crisis and the Leveson enquiry are just showing they don't have a bloody clue

Actually, I completely disagree with this. We need to continue austerity, cut more really, even in the face of the whining and moaning of the vested interests, the Unions, the public sector etc. The comment above seems wrong as well, I read the report as the IMF praising austerity and saying it was the reason Britain retained its triple "A" rating and thus that is why bond prices haven't soared.

The problem in the UK is that 13 years of Socialist misrule and fiscal impropriety left us with hugely inflated public sector costs and benefit hand outs, unaffordable public sector pensions, destroyed private pensions, a huge influx of immigration that pressurised services beyond belief and a culture of entitlement that is unmatched in the world. The public sector and the benefit claimants need to understand the gravy train has stopped, Labour's bribes are over and that there needs to be a market correction where entrprise and work is rewarded.

Hey I'm not saying there isnt a lot of fat that could be trimmed in the public sector. However the ConDems are going after the easy targets, things like libraries and front facing public sector workers, nurses police officers and so on. Then we are going to have private contractors working within the police and our prisons (more so)

I don't see myself as a socialist but I object when disabled people are having their already meagre benefits cut by a bunch of fuckwits who have never held a proper job in their lives.

Besides while GDP is still shrinking moving public sector workers from jobs to the dole is just moving lost money from one pile to another. I'm just glad I own my own house and most of my savings are held in Hong Kong property as this country is going to hell