BS: Happy 10th Birthday the Euro.

Subject: BS: Happy 10th Birthday the Euro.
From: GUEST,Bluesman
Date: 30 Dec 11 - 06:27 AM

Hard to believe it's ten years since the Euro was introdiced. Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe.

Now, it's widely derided as a hugely flawed experiment in the wake of a debt crisis that's threatening its very existence — an uncomfortable backdrop as the currency's notes and coins hit their first decade in circulation on Jan. 1.

The question is: Will it get to its 11th birthday, let alone 20th? In the euro's tumultuous short history, it has already been heralded as the ultimate mark of a peaceful, united Europe; scoffed at as a giant act of hubris by a distant political elite; and credited with giving Europe a more influential voice in the world.

Retaining Sterling was a good move for Britain.

Subject: RE: BS: Happy 10th Birthday the Euro.
From: GUEST,Bluesman
Date: 30 Dec 11 - 06:28 AM

Sorry about the "introdiced" cat walked over keypad.

Subject: RE: BS: Happy 10th Birthday the Euro.
From: Leadfingers
Date: 30 Dec 11 - 06:43 AM

Thought that meant the Euro had been chopped up mate !!

Subject: RE: BS: Happy 10th Birthday the Euro.
From: John MacKenzie
Date: 30 Dec 11 - 07:02 AM

I heard an interesting analysis of the Euro, on my radio the other day.
It effectively has different values in different countries. So to Germany it is cheap, and they are doing well, whereas to Greece it is expensive, and too rich for their economy.
The 'One size fits all' ethos/ideal, of the Euro, never has, and never will work. When the countries involved are so economically disparate.
When a packet of cigarettes, or a bottle of beer are the same price in all the countries involved, and the wages are the same. Then, and only then, will a common currency work

Subject: RE: BS: Happy 10th Birthday the Euro.
From: The Sandman
Date: 30 Dec 11 - 07:21 AM

its a feckin disgrace, as was the 6.2 million wasted by fianna fail, to ask Rothschild[ who are a bond holder]whether the the bondholders shguld be burned, and dont let us forget the 52million fiaanna fail and the greens wasted on useless electrionic voting machines that had to be scrapped. the soldiers of destiny and the greens remind me of the gaberdine swine

Subject: RE: BS: Happy 10th Birthday the Euro.
From: The Sandman
Date: 30 Dec 11 - 07:25 AM

Gadarene swine the pigs into which Jesus cast the demons that had possessed a madman (see legion), and which as a result ran down a steep cliff into the sea and were killed; from this, Gadarene means involving or engaged in a headlong or potentially disastrous rush to do something.
GADERENE NOT GABERDINE

Subject: RE: BS: Happy 10th Birthday the Euro.
From: GUEST,Eliza
Date: 30 Dec 11 - 07:29 AM

We had raincoats made of gaberdine at school, GSS! I'm smiling, imagining all those little pigs running along wearing their gaberdines in the rain! :)

Subject: RE: BS: Happy 10th Birthday the Euro.
From: Richard Bridge
Date: 30 Dec 11 - 07:32 AM

Oh dear me. I have agreed recently with Bozo, and with Mither, and now I have to agree with White Man (at least in part).

At the time the Euro was born I opposed the UK joining it for reasons close to those Giok puts in kitchen economics terms.    A unified currency precluded differing fiscal or monetary policies (inflationary or deflationary) in different geographical areas.   And lo! the attempt not to unify fiscal and monetary policy has led to impossible internal strains.

But now we have another problem. If the Euro is not robust enough then financial crises will envelop one country after another and whether the UK is in the Euro or no it will suffer as the nearest major consumer markets erode. That is the reason Camermoron's little Englander politicking has made a crisis for theEuro and therefore UK more, not less, likely.

Subject: RE: BS: Happy 10th Birthday the Euro.
From: GUEST,Bluesman
Date: 30 Dec 11 - 07:42 AM

Ah Richard,leaving 2011 with a meeting of minds(at least in part)isn't a bad thing.

I wish you Health, happiness and good times in 2012 Richard.

Subject: RE: BS: Happy 10th Birthday the Euro.
From: Nigel Parsons
Date: 30 Dec 11 - 09:34 AM

Gadarene swine the pigs into which Jesus cast the demons that had possessed a madman (see legion), and which as a result ran down a steep cliff into the sea and were killed; from this, Gadarene means involving or engaged in a headlong or potentially disastrous rush to do something.
And,taking it back a step:
Gadarene: being from Gadara
Gadara: Palestine town SE of Sea of Galilee

Gaberdine: ...
"Have you got a light, Mac?"
"No, but I've got a dark brown overcoat!"

I'll get me gaberdine!

Subject: RE: BS: Happy 10th Birthday the Euro.
From: John MacKenzie
Date: 30 Dec 11 - 10:02 AM

"Have you got a light, Mac?"
"No, but I've got a dark brown overcoat!"

Gorilla by The Bonzo Dod Doo/Dah Band 1965

Subject: RE: BS: Happy 10th Birthday the Euro.
From: John MacKenzie
Date: 30 Dec 11 - 10:17 AM

Dog not Dod, you daft bu7gger!

Subject: RE: BS: Happy 10th Birthday the Euro.
From: Pete Jennings
Date: 30 Dec 11 - 10:59 AM

From today's Daily Mail (UK newspaper), page 19, bottom right:

French TV channel Canal Plus asked members of the public how the government should mark the tenth anniversary of the euro this Sunday. Top marks to the unnamed pensioner who replied: "How about a minute's silence?".

'Nuff said!