eh i appreciate the pig countries. its going to make me a tidy profit; the yield on irish bonds is astounding and they don't feel quite like junk bonds that i will likely lose to be honest.
Re: The continuing battle against the inevitable Euro area default
eh i appreciate the pig countries. its going to make me a tidy profit; the yield on irish bonds is astounding and they don't feel quite like junk bonds that i will likely lose to be honest.
Re: The continuing battle against the inevitable Euro area default
Well I don't. At teh Economycelt, if the Netherlands and Germany say kthxbye to everything below the garlic border and put the cash in our own sorry banks, how can it hurt us, what are the scenario's. No EU without the Dutch and Germans and many an economist says we should leave you all to dry.Originally Posted by Centurion1
No logistics without the Dutch, nothing to buy without the Germans. Bye Europe
Last edited by Fragony; 09-26-2011 at 16:31.
Re: The continuing battle against the inevitable Euro area default
Then kiss goodbye to the German export trade which then impacts the Dutch economy.
Neo D-mark will rise massively angainst the PIIGS and hurt German exports which is what the German economy is based on, and if the German economy slows then Holland will hardly be needed for much logistics.
Last edited by gaelic cowboy; 09-26-2011 at 18:45.
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
Re: The continuing battle against the inevitable Euro area default
They can't do anything without us, no harbour can handle these capacities. Besides, they are not stupid. Doesn't have to be a coin a fund will do
Last edited by Fragony; 09-26-2011 at 18:53.
Re: The continuing battle against the inevitable Euro area default
The most likely thing that will happen is they wait till they get paid back by Ireland Frag, then they can just burn the Greek bonds after they have spent a while building a war chest to stuff down there own local banks and whatnot. An orderly attempt at a default by Greece can/may work but the present plan will never work.
We can prob guess there will be another meeting before xmas because of another crisis again blah blah etc etc.
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
Re: The continuing battle against the inevitable Euro area default
Beside the euro,, northern european guaranteed, currency doesn't really have to be printed. If we aren't to leave the euro at least we should consider what to do when we do.
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