the end of the euro in Spain
Dec 9th 2011, 2:35 pm
#46
Joined: Jun 2011
Location: In the middle of 10million Olive Trees
Posts: 12,053
Re: the end of the euro in Spain
How can UK conform to German financial restrictions to support a currency union we are not a member of and gain no benefit from ?
Big sister will eventually fall out with little brother, then see the fur fly
Big sister will eventually fall out with little brother, then see the fur fly
Dec 9th 2011, 2:39 pm
#47
Banned
Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: the end of the euro in Spain
Or what about you have a large debt and can't pay. You borrow from Peter to pay Paul but you can't afford the high interest rates so you borrow of George at a higher interest rate to pay Peter and Paul the interest...and on and on until it all busts.........
Dec 9th 2011, 2:48 pm
#48
Joined: Jun 2011
Location: In the middle of 10million Olive Trees
Posts: 12,053
Re: the end of the euro in Spain
as they still havent clicked they are paying 1,000%APR or greater they will suddenly find they have run out of money.
I forecast that with PDL's the Good Old British Public will have a good spending Christmas, which will keep a number of retailers, who are also on their last legs, operating until the New Year. The following quarter the only ones doing business will be the supermarkets as food is all that will be bought.
Those retailers who get through will return their shop keys before Easter.
Meanwhile in Greece they will probably be ordering more Ferrari's etc.
Dec 9th 2011, 3:12 pm
#49
Banned
Joined: Aug 2009
Posts: 5,008
Re: the end of the euro in Spain
To me this whole Euro farce is a bit like this. You bought your house in Spain 4 yrs 100% mortgage ago can't cope with the current exchange rates etc are about to go under. So you go to all your mates and say help me pay this mortgage or I will go under, ok they say we'll give you £100 a month each to help you out. By the way take it we will get some free holidays and bit of money back in the end. Oh no you can't use the house that's for us and any profit at the end is also mine but take it you will still help us?
To me that's how the Germans and French want it with the Euro their great plan but every one else has to keep it going.
To me that's how the Germans and French want it with the Euro their great plan but every one else has to keep it going.
Er......... its more like you buy your house, you cant pay the mortgage becasue you want to spend your money on other things, so you ask your friends to help out, they agree and they struggle to help you and find they need to borrow to carry on. Because they've been helping you, you spend even more money on having fun and when you tell them you need more they have to finally turn you down because they're broke and in debt!
Jo xxx
Jo xxx
I think that it is summed up very well, wasted money and opportunities simply because they had money rolling in, sort of like and Aid programmed that does not help at all.
Dec 9th 2011, 3:27 pm
#50
Lost in BE Cyberspace
Joined: Jan 2009
Posts: 5,368
Re: the end of the euro in Spain
They've never had their accounts signed off yet, why would that be if they have nothing to hide? And backstabbers? The Chinese would have to go some to beat the French.
Dec 9th 2011, 3:38 pm
#51
Lost in BE Cyberspace
Joined: Jan 2009
Posts: 5,368
Re: the end of the euro in Spain
The guy in the street won't see any of the loans, it'll be destined for the bankers, he'll just be subjected to increasing cut backs.
Dec 9th 2011, 3:59 pm
#52
Popping in for a chat
Joined: Jun 2006
Location: Back home
Posts: 4,573
Re: the end of the euro in Spain
That's right, you don't help someone that is hopelessly in debt by throwing more and more money at them. The reason they are in debt is because they cannot manage their finances, and unless you help them to sort that out first, they'll just keep on spending as before and get even deeper in debt. Plus if they are so much in debt, where is the money coming from to pay off the new enlarged loans? The guy in the street won't see any of the loans, it'll be destined for the bankers, he'll just be subjected to increasing cut backs.
The guy in the street won't see any of the loans, it'll be destined for the bankers, he'll just be subjected to increasing cut backs.
Do they honestlly think they have us fooled ... ha!! We just have to bear the brunt of whatever happens and deal with it the best we can.
Dec 9th 2011, 4:18 pm
#53
Lost in BE Cyberspace
Joined: May 2009
Location: Alicante province
Posts: 5,753
Re: the end of the euro in Spain
The Brits looked around and only found one marked US. When they tried to climb aboard a tall black man pushed them off, mumbling something about the Mau Mau.
Dec 9th 2011, 4:38 pm
#54
BE Enthusiast
Joined: Oct 2006
Posts: 443
Re: the end of the euro in Spain
Another guy said we were all on the Titanic. When we struck the iceberg, the Europeans headed for the lifeboat marked EU.
The Brits looked around and only found one marked US. When they tried to climb aboard a tall black man pushed them off, mumbling something about the Mau Mau.
The Brits looked around and only found one marked US. When they tried to climb aboard a tall black man pushed them off, mumbling something about the Mau Mau.
Mau Mau is a card game for 2 or more players that is popular in Germany, Brazil and some other areas. For more than 5 players, 2 packs of cards may be used. .
???
Jim
Dec 9th 2011, 5:01 pm
#56
FreeThinker
Joined: Nov 2009
Location: the moors and levels
Posts: 9,702
Re: the end of the euro in Spain
The Mau Mau Uprising (also known as the Mau Mau Revolt, Mau Mau Rebellion and the Kenya Emergency) was a military conflict that took place in Kenya[B] between 1952 and 1960. It involved a Kikuyu-dominated anti-colonial group called Mau Mau and elements of the British Army, auxiliaries and anti-Mau Mau Kikuyu.[1][7]
ETA. Oops - got beaten to it...
Dec 9th 2011, 5:26 pm
#57
Forum Regular
Joined: Jan 2011
Posts: 228
Re: the eUK pay into Europnd of the euro in Spain
How much do we pay into europe ?
Last edited by adra04778; Dec 9th 2011 at 6:07 pm. Reason: missed a word
Dec 9th 2011, 6:03 pm
#58
BE Enthusiast
Joined: Apr 2007
Posts: 985
Re: the end of the euro in Spain
Bush, corporate greed and the neoCon wars started this crisis, not Obama.
Dec 9th 2011, 6:11 pm
#59
Spanish, 40
Joined: Oct 2011
Location: Surrey. Back to Spain in 2012
Posts: 287
Re: the end of the euro in Spain
http://www.youtube.com/watch?v=zbbhN...eature=related
Dec 9th 2011, 6:50 pm
#60
Lost in BE Cyberspace
Joined: May 2009
Location: Alicante province
Posts: 5,753
Re: the end of the euro in Spain
I’m also ashamed of Cameron, a quarter-Jock.
Well, we’re out of it now, out of Europe – I suppose we were never really in it. Rajoy doesn’t like any of us, he would rather we all went home.
Whether we do or not will be decided by the currency markets. The time for romanticising is over; the EU allowed us to come to this beautiful country and we’ve just left it (the EU).
I don’t want to go home.