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  1. #1
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: Acropolis Now

    I have a feeling that mad as it seems now but I think that in maybe 100yrs Ireland, Britain, France and Holland will end up being agri bread baskets for the for Asia and Mid East.

    Maybe the kids should be doing agri-science and GM courses those bloody financiers cant outsource a field of Cork grass or a French orchard yet. There is probably still plenty of automation that can be put in the agri world there's robotic dairy farms, farm networks to track food and watch housed animals on web cams while the farmer works in part time job and tracks the intake and outputs in beef production on his iPhone it's all there.

    Naturally this would be a shot in the dark for a major western country and the howls from the hedge funds would probably deafen you so you would get little investment due to long term payoff nature of the agri business but if you want summit solid then own land and plant some spuds.

    Hell Greek debt crisis comes and society turns into a mad max hellhole anyone who can make it to mayo will be sound for a plate at the Cowboys house.
    Last edited by gaelic cowboy; 05-18-2010 at 21:43.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

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  2. #2
    Vindicative son of a gun Member Jolt's Avatar
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    Default Re: Acropolis Now

    Quote Originally Posted by gaelic cowboy View Post
    I have a feeling that mad as it seems now but I think that in maybe 100yrs Ireland, Britain, France and Holland will end up being agri bread baskets for the for Asia and Mid East.
    Unless something drastically changes with European soil, I doubt very much. European soil isn't well suited for agriculture, which partly explains the low productivity of the European farmers in relation with other countries and the EU's ferocious protectionism of its agriculture.
    BLARGH!

  3. #3
    Senior Member Senior Member gaelic cowboy's Avatar
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    Quote Originally Posted by Jolt View Post
    Unless something drastically changes with European soil, I doubt very much. European soil isn't well suited for agriculture, which partly explains the low productivity of the European farmers in relation with other countries and the EU's ferocious protectionism of its agriculture.
    Who said anything about growing anything in soil??????? And grass does not need huge fertility it's huge benefit in Europe is that it rains regular and that grass is cheap just ask NZ farmers. French products are mainly high value as Furunculus keeps telling us we need to move too and Holland has market gardening greenhouses etc and it would all be exported for cash because Europe is easily self sufficient many times over.

    Your soil is easily treated and as I said there is still a vast amount of RnD and the like that can be do on this plus protectionism will be gone before the end of the century mark my words. Plus you focus on European soil when soil depletion and acidification and a multitude of other problems with soil are happening in America and Australia reducing land area but population is increasing and the more middle class the world becomes the more it will require to eat.

    Europe has vast unused potential which is not explained by fertility it is more explained by low investment and high labour costs trust me just cos it might not produce four crops a year does not mean it wont be eaten. The people of the newer regions are growing bigger every day and they all want to eat and I am certain they will pay for it.
    They slew him with poison afaid to meet him with the steel
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  4. #4
    Vindicative son of a gun Member Jolt's Avatar
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    Default Re: Acropolis Now

    Quote Originally Posted by gaelic cowboy View Post
    Who said anything about growing anything in soil??????? And grass does not need huge fertility it's huge benefit in Europe is that it rains regular and that grass is cheap just ask NZ farmers.
    EUSOILS reference to soils: "Agricultural soil is a precious and limited resource. Soil is the medium that enables us to grow our food[...] It is not an understatement to say that soil is one of the key issues on which agriculture is based and, thus, fundamental to the existence of human society."

    It is not a matter of finding grass. There may be plentiful grass in mountainous areas, but you aren't going to plant much there.

    Quote Originally Posted by gaelic cowboy View Post
    French products are mainly high value as Furunculus keeps telling us we need to move too and Holland has market gardening greenhouses etc and it would all be exported for cash because Europe is easily self sufficient many times over.
    Eh? What are you ranting on about? I didn't manage to catch anything on it.

    First what does high added value products have to do with anything? Agricultural products are NOT high added value products in any way.

    Second, large-scale agriculture (Required to become the breadbasket of anything - and you said of the world EDIT: Asia and Africa.), isn't done in greenhouse workshops. Sticking your agriculture to greenhouses isn't going to make you the bread-basket of anything.

    I had to make an essay of the CAP for International Economic Relations. The rationale behind CAP is for Europe to be self-sustainable in agricultural products, and to protect domestic players from extra-EU competitors. Such a protection is needed due to many reasons, amongst those is the productivity of European agriculture, which is very significantly impacted by the inadequateness of the European soil. A notable example of why the overall productivity of European agriculture is suffering can be given by the fact that EU subsdies do not even try to respect or foment an economy of scale. Simply put, they are more concerned with making up for the lack productivity with subsidies, to make sure our farmers don't go out of work while the markets are flooded by cheaper Extra-EU agricultural products, thus even supporting the larger agricultural firms to make sure their Intra and Extra-EU quota stays high and they stay competitive globally.

    Another clear example is the price floor (Minimum price) the EU imposes for imported Extra-EU agricultural products so these can only be sold with a cost inside the margin of cost for the European producers, so the (large) European producers can easily compete with imported products.


    The true breadbaskets are the same suspects as usual. We cannot have the productivity of the Pampas region, the Gran Chaco region, the Prairie States of the US and Canada, Ukraine and the Chernozem corridor of Russia.
    Last edited by Jolt; 05-20-2010 at 09:09.
    BLARGH!

  5. #5
    BrownWings: AirViceMarshall Senior Member Furunculus's Avatar
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    Default Re: Acropolis Now

    Germany's move to ban short-selling gets more disgust heaped upon it:

    http://www.telegraph.co.uk/finance/c...-the-euro.html
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  6. #6
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: Acropolis Now

    Quote Originally Posted by Jolt View Post
    EUSOILS reference to soils: "Agricultural soil is a precious and limited resource. Soil is the medium that enables us to grow our food[...] It is not an understatement to say that soil is one of the key issues on which agriculture is based and, thus, fundamental to the existence of human society."
    Of course it is my fault I used the term breadbasket which has connotations of some kind of massive Iowa style farm I am talking cattle here.

    It is not a matter of finding grass. There may be plentiful grass in mountainous areas, but you aren't going to plant much there.
    You don't plant in grass you bale and feed it to housed cattle and make beef or milk.


    Eh? What are you ranting on about? I didn't manage to catch anything on it.

    First what does high added value products have to do with anything? Agricultural products are NOT high added value products in any way.
    Sorry its following on from earlier in the thread about the outsourcing of manufacturing from europe Furunculus keeps saying adapt or die that you must sell high value products and many agri products are finished to a very high quality in europe and sold for a big markup due to the luxury nature of the product in question thats what I meant by high value.


    Second, large-scale agriculture (Required to become the breadbasket of anything - and you said of the world EDIT: Asia and Africa.), isn't done in greenhouse workshops. Sticking your agriculture to greenhouses isn't going to make you the bread-basket of anything.
    The true breadbaskets are the same suspects as usual. We cannot have the productivity of the Pampas region, the Gran Chaco region, the Prairie States of the US and Canada, Ukraine and the Chernozem corridor of Russia.
    Not all agri product that have high value require a field flowers are an example of products that will make big money. Ok so maybe not everything is grown in a greenhouse but I am talking in a generic sense about investment in all sorts of thing and greenhouses are one of those investmenst I also mentioned agri science gm crops and the use of robots etc etc.

    I had to make an essay of the CAP for International Economic Relations. The rationale behind CAP is for Europe to be self-sustainable in agricultural products, and to protect domestic players from extra-EU competitors. Such a protection is needed due to many reasons, amongst those is the productivity of European agriculture, which is very significantly impacted by the inadequateness of the European soil. A notable example of why the overall productivity of European agriculture is suffering can be given by the fact that EU subsdies do not even try to respect or foment an economy of scale. Simply put, they are more concerned with making up for the lack productivity with subsidies, to make sure our farmers don't go out of work while the markets are flooded by cheaper Extra-EU agricultural products, thus even supporting the larger agricultural firms to make sure their Intra and Extra-EU quota stays high and they stay competitive globally.

    Another clear example is the price floor (Minimum price) the EU imposes for imported Extra-EU agricultural products so these can only be sold with a cost inside the margin of cost for the European producers, so the (large) European producers can easily compete with imported products.


    The true breadbaskets are the same suspects as usual. We cannot have the productivity of the Pampas region, the Gran Chaco region, the Prairie States of the US and Canada, Ukraine and the Chernozem corridor of Russia.
    Remember this is just a thought experiment its not talking about today but the future in 2100 its just a thought on a possible future. I am well aware of the black soil in Ukraine but the foods in Europe are higher value Grapes which make wine pork which becomes parma ham I could go on and on. CAP is not the only thing that affect farmers in europe labour, energy, hygiene and quality standards etc etc these all add to the price.

    In the idea the world would be richer and full of maybe 8-9billion people who will to be fed one region won't feed that many we will have to use more land ie more investent more use etc etc.

    In short just to recap I was talking in a generic sense about a possible future that could be invested in to secure both manufacturing jobs processing jobs and production jobs and all the attendent services along with it too and many other skills in the wider economy by moving to big agri production. Look I understand its not really going to happen but hell stranger things have happened. Mainly this is not going to happen because the economy would have to reorient itself to achieve this senario however it would be more secure you cant outsource a field and be practically gauranteed a market with the rise of Asia.
    Last edited by gaelic cowboy; 05-20-2010 at 22:50.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

  7. #7
    BrownWings: AirViceMarshall Senior Member Furunculus's Avatar
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    Default Re: Acropolis Now

    the euro, as we currently know it, is a finished:

    http://www.telegraph.co.uk/finance/c...t-is-dead.html

    interesting erad
    Furunculus Maneuver: Adopt a highly logical position on a controversial subject where you cannot disagree with the merits of the proposal, only disagree with an opinion based on fundamental values. - Beskar

  8. #8
    master of the pwniverse Member Fragony's Avatar
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    Default Re: Acropolis Now

    Good read and good riddance. Benelux + Germany = win. What's the rest of Europe going to do about it if we hang them out to dry. We are Europe's engine we can do as we please.

  9. #9
    is not a senior Member Meneldil's Avatar
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    Default Re: Acropolis Now

    Down with their head I say. It's time the population stands up and invade the City.

    The world will be a better place when the last banker will be hung with the last stock-trader's guts.

  10. #10
    Enlightened Despot Member Vladimir's Avatar
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    Default Re: Acropolis Now

    Quote Originally Posted by Meneldil View Post
    Down with their head I say. It's time the population stands up and invade the City.

    The world will be a better place when the last banker will be hung with the last stock-trader's guts.
    Hmm, this sounds somewhat familiar.


    Reinvent the British and you get a global finance center, edible food and better service. Reinvent the French and you may just get more Germans.
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    How do you motivate your employees? Waterboarding, of course.
    Ik hou van ferme grieten en dikke pinten
    Down with dried flowers!
    Spoiler Alert, click show to read: 



  11. #11
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: Acropolis Now

    I think this is good I dunno at least they bought the bonds and expect to get paid back I suppose.

    NTMA raises €1.5bn in bond sale

    Spoiler Alert, click show to read: 
    The National Treasury Management Agency has sold €1.5bn of bonds in an auction, its first since eurozone leaders unveiled their unprecedented aid package to help indebted euro nations.

    Investors bid for 3.1 times the 2014 and 2020 securities offered, the NTMA said today.

    It sold €750m of 4pc debt maturing in 2014 to yield an average 3.11pc and €750m of 4.5pc debt maturing in 2020 to yield 4.72pc.

    European leaders on May 17 offered a €750bn rescue package as they sought to calm a rout in bond markets.

    Concern that the mounting debt crisis in Greece would spread to other nations sent the premium investors charge to hold the debt of countries such as Ireland, Spain and Portugal soaring to euro-era highs earlier this month.

    “In the context of recent nervousness in peripheral European government bond markets, this is a good result,” Dublin-based Glas Securities, which specialises in fixed-income markets, said in a note today.

    At Ireland’s last auction of 4pc 2014 debt in February, the average yield was 3.03pc. A March auction of 4.5pc bonds maturing in 2020 yielded 4.43pc.

    The treasury agency said in an emailed statement that it has raised about 66pc of its planned 2010 bond issuance program. The next auction is scheduled for June 15.

    Ireland’s budget gap widened to 14.3pc of gross domestic product in 2009, almost five times the European Union’s 3pc limit. Greece’s deficit was 13.6pc of GDP, while Spain had a 11.2pc shortfall.

    The difference in yield, or spread, between 10-year Irish securities and 10-year German bunds, the euro-region’s benchmark government securities, was at 181 basis points this morning. It widened to 306 basis points on May 7.

    - Dara Doyle

    © Bloomberg


    Seeing as it a Greece thread then here is summit else from same paper.

    Greece gets first installment of loans

    Spoiler Alert, click show to read: 
    By Jones Hayden and Natalie Weeks
    Tuesday May 18 2010
    Greece has received the first installment of a three-year emergency-loan package from eurozone allies, allowing the country to repay €8.5bn euros of bonds due tomorrow and avoid default.

    The EU completed the transfer of €14.5bn, with 10 euro-region countries, including Germany, contributing to the first payment, the Athens-based Finance Ministry said today in an emailed statement.

    The International Monetary Fund, which is participating in the bailout, made its initial contribution of €5.5bn last week.

    The loans will cover Greece’s financing needs for May and June, a Finance Ministry official said yesterday. Tomorrow’s bond redemption is the last Greece faces until €8.6bn of three-year debt matures in March 2011.

    “With this money the immediate and short-term borrowing needs and requirements of Greece are covered,” today’s statement said.

    Euro-area ministers and the IMF agreed on May 2 to a €110bn aid package for the debt-stricken nation.

    Greece pledged to implement austerity measures of almost 14pc of gross domestic product in exchange for the rescue funds that EU officials hoped would stem declines in the euro.

    The initial bailout failed to stem the slide in the euro and end the decline in bonds of other high-deficit nations such as Spain and Portugal.

    EU leaders on May 9 agreed to a financial lifeline of €750bn to try to stop the contagion. The euro was little changed today at $1.2402 after reaching a four- year low of $1.2235 yesterday.

    Prime Minister George Papandreou has raised taxes, cut wages and reduced government spending in a bid to tame a deficit that reached 13.6pc of GDP last year, more than four times the EU limit.

    Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said today that there are “good reasons to believe” Greece is on the right path and officials will continue to evaluate the situation.

    The other euro-region countries that contributed to today’s payment are France, Italy, Spain, the Netherlands, Austria, Portugal, Luxembourg, Cyprus and Malta.

    - Jones Hayden and Natalie Weeks

    © Bloomberg
    Last edited by gaelic cowboy; 05-19-2010 at 00:02.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

  12. #12
    Senior Member Senior Member gaelic cowboy's Avatar
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    Default Re: Acropolis Now

    I cannot see this happening myself but sure we will see I suppose.

    Lenihan says State will recoup Greek loan

    In case any of you think you have a tough job Brian Lenihan is our minister for Finance and he also has cancer the poor fella hated and pitied at same time below is a statement from his personal website on it where outlines how he will soldier on.

    Spoiler Alert, click show to read: 
    During the week before Christmas, I underwent tests in hospital which identified a blockage at the entrance to my pancreas. A stent was inserted and the pancreas is now functioning normally. Cancerous tissue has been identified in the material that has caused the blockage. My medical advice is that chemotherapeutic and radiotherapeutic treatment are required. I will begin the treatment later this week.

    Notwithstanding this medical condition, I am feeling fit and well. Having discussed the matter with the Taoiseach and having consulted my medical advisers, it is my intention to continue to serve as Minister for Finance. I will not be accepting invitations for speaking engagements in the next few months. I will continue to fulfil the essential functions of my office. I will supervise the work of my Department and meet delegations relevant to this work. I will prepare for and attend Government meetings. I will make myself accountable to Dáil Éireann and carry out my parliamentary duties. I will convene and attend any meetings required for the implementation of Government policy. I will be available for media interviews about my work as Minister, as required. I will continue to represent the constituency of Dublin West to the best of my abilities.

    The Government is determined to implement the plan for economic recovery set out in the last two Budgets. That plan has been endorsed by every member of the Government. With the full support of my colleagues I will continue to oversee its implementation.

    I am well aware of the importance of the office I hold. My doctors have advised that I am fit to continue to fulfil my duties. If that position were to change in the course of my treatment, I would be the first to recognise it. At all times, I will act in the best interests of the country and in accordance with any medical advice received. I do not intend to issue any further statements about this matter.

    I want to thank the very many well wishers who sent me messages of support following media reports of my illness. I have been overwhelmed by the goodwill shown to my family and myself from all sides. I am aware that many have remembered me in their thoughts and prayers. I thank them for it. I hope I can repay this goodwill by continuing to serve to the best of my ability as I undergo treatment for my medical condition.
    They slew him with poison afaid to meet him with the steel
    a gallant son of eireann was Owen Roe o'Neill.

    Internet is a bad place for info Gaelic Cowboy

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