The road to economic crisis is paved with Euros

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DRSB
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The road to economic crisis is paved with Euros

Post by DRSB » Thu Jan 13, 2011 1:16 pm

Mr Krugman knows best:

"Currency unions have costs as well as benefits. And the case for a single European currency was much weaker than the case for a single European market — a fact that European leaders chose to ignore."

Full article here: http://www.nytimes.com/2011/01/16/magaz ... =1&_r=1&hp

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Re: The road to economic crisis is paved with Euros

Post by Coito ergo sum » Thu Jan 13, 2011 1:23 pm

Deersbee wrote:Mr Krugman knows best:

"Currency unions have costs as well as benefits. And the case for a single European currency was much weaker than the case for a single European market — a fact that European leaders chose to ignore."

Full article here: http://www.nytimes.com/2011/01/16/magaz ... =1&_r=1&hp
Any article critical of anything European is just full of lies and 'merkin stupidity. Everyone knows Europe has found "The Way" and all things are better in Europe. The people are nicer, they live better lives, they have more money, are more peaceful, they give more to charity, they work harder, player nicer, have bigger penises, are better educated, are far more intelligent than everyone else, and know far better than some 'merkin whether a single European currency is better. If a single European currency exists, it must be better, and it's benefits must outweigh its costs. Quod Erat Demonstrandum. :biggrin:

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Clinton Huxley
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Re: The road to economic crisis is paved with Euros

Post by Clinton Huxley » Thu Jan 13, 2011 1:29 pm

If they'd called the single currency "Pound Sterling", they could have avoided all this trouble.
"I grow old … I grow old …
I shall wear the bottoms of my trousers rolled"

AND MERRY XMAS TO ONE AND All!

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DRSB
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Re: The road to economic crisis is paved with Euros

Post by DRSB » Thu Jan 13, 2011 1:30 pm

Or "Swiss Frank", keeps getting stronger by the day!

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Re: The road to economic crisis is paved with Euros

Post by Coito ergo sum » Thu Jan 13, 2011 1:45 pm

Clinton Huxley wrote:If they'd called the single currency "Pound Sterling", they could have avoided all this trouble.
I thought the Euro was equivalent to the "ha'penny"...or was it a "farthing...?" Hmmm....

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Re: The road to economic crisis is paved with Euros

Post by Coito ergo sum » Thu Jan 13, 2011 1:46 pm

Deersbee wrote:Or "Swiss Frank", keeps getting stronger by the day!
You should call your money the "Swank."

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DRSB
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Re: The road to economic crisis is paved with Euros

Post by DRSB » Thu Jan 13, 2011 1:49 pm

Whatever, Germany is doing very well, as long as this is the case, the Euro and Europe will be fine.

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mistermack
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Re: The road to economic crisis is paved with Euros

Post by mistermack » Thu Jan 13, 2011 2:44 pm

Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.

The currency problems are banking problems. Bad loans financing property booms in the US and many other places. It's not the fault of the single currency.
Stop stoking up property booms, and the currencies work fine.
The trouble is, the voters constantly vote for the people who stoke up the biggest boom. So WE are the problem.
.
While there is a market for shit, there will be assholes to supply it.

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Re: The road to economic crisis is paved with Euros

Post by Coito ergo sum » Thu Jan 13, 2011 2:52 pm

mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.
That's alright - if you think only having 50% of your population overweight (as the UK's population is) gives you reason to brag, have at it.
:biggrin:

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mistermack
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Re: The road to economic crisis is paved with Euros

Post by mistermack » Thu Jan 13, 2011 2:55 pm

Coito ergo sum wrote:
mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.
That's alright - if you think only having 50% of your population overweight (as the UK's population is) gives you reason to brag, have at it.
:biggrin:
In our case, the extra weight is mostly penis and tit, so it's good weight.
.
While there is a market for shit, there will be assholes to supply it.

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Re: The road to economic crisis is paved with Euros

Post by Coito ergo sum » Thu Jan 13, 2011 3:04 pm

mistermack wrote:
Coito ergo sum wrote:
mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.
That's alright - if you think only having 50% of your population overweight (as the UK's population is) gives you reason to brag, have at it.
:biggrin:
In our case, the extra weight is mostly penis and tit, so it's good weight.
.
Unfortunately, the engorged tits to which you refer are on the men....Image

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