The road to economic crisis is paved with Euros
The road to economic crisis is paved with Euros
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
"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
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.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

- Clinton Huxley
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Re: The road to economic crisis is paved with Euros
If they'd called the single currency "Pound Sterling", they could have avoided all this trouble.
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I shall wear the bottoms of my trousers rolled"
AND MERRY XMAS TO ONE AND All!
Re: The road to economic crisis is paved with Euros
Or "Swiss Frank", keeps getting stronger by the day!
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Re: The road to economic crisis is paved with Euros
I thought the Euro was equivalent to the "ha'penny"...or was it a "farthing...?" Hmmm....Clinton Huxley wrote:If they'd called the single currency "Pound Sterling", they could have avoided all this trouble.
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Re: The road to economic crisis is paved with Euros
You should call your money the "Swank."Deersbee wrote:Or "Swiss Frank", keeps getting stronger by the day!
Re: The road to economic crisis is paved with Euros
Whatever, Germany is doing very well, as long as this is the case, the Euro and Europe will be fine.
- mistermack
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Re: The road to economic crisis is paved with Euros
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.
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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
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.mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.

- mistermack
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Re: The road to economic crisis is paved with Euros
In our case, the extra weight is mostly penis and tit, so it's good weight.Coito ergo sum wrote: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.mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.
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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
Unfortunately, the engorged tits to which you refer are on the men....mistermack wrote:In our case, the extra weight is mostly penis and tit, so it's good weight.Coito ergo sum wrote: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.mistermack wrote:Don't forget Europeans are slimmer. But everyone is slimmer than merkins, so it doesn't say a lot.
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