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MIGHTY EURO SURGES AHEAD !

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Postby miltiades » Fri Oct 01, 2010 5:04 pm

CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".

SO MUCH CRAP FROM THESE TWO PLONKERS !!
RIGHT NOW THE euro against STG is just 1.15 ,not long before it touches 1.14 yet these cigarette ...poofters think the EURO is facing imminent collapse, what a pair of plonkers !!
In fact the EURO now trades at 1.148 against STG !!!!!
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Postby cyprusgrump » Fri Oct 01, 2010 5:13 pm

CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".


I've been here eight years so I was a registered 'Alien' before we joined the farce which is the EU... :wink:
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Postby bill cobbett » Fri Oct 01, 2010 5:14 pm

miltiades wrote:
CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".

SO MUCH CRAP FROM THESE TWO PLONKERS !!
RIGHT NOW THE euro against STG is just 1.15 ,not long before it touches 1.14 yet these cigarette ...poofters think the EURO is facing imminent collapse, what a pair of plonkers !!
In fact the EURO now trades at 1.148 against STG !!!!!


Yes but life is never as simple as that... the question must be ... Why has the Euro found strength in the past few days?????? ...... and the answer must be surely that the markets are factoring in a change of euro interest rates... an increase in those rates to attract or keep support for euro bonds, which isn't always a good thing or necessarily an indication of economic strength.

The prob is once again this two-speed Europe with the central core economies doing well but some others (and won't mention the usual names) doing disastrously.
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Postby cyprusgrump » Fri Oct 01, 2010 5:16 pm

bill cobbett wrote:
miltiades wrote:
CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".

SO MUCH CRAP FROM THESE TWO PLONKERS !!
RIGHT NOW THE euro against STG is just 1.15 ,not long before it touches 1.14 yet these cigarette ...poofters think the EURO is facing imminent collapse, what a pair of plonkers !!
In fact the EURO now trades at 1.148 against STG !!!!!


Yes but life is never as simple as that... the question must be ... Why has the Euro found strength in the past few days?????? ...... and the answer must be surely that the markets are factoring in a change of euro interest rates... an increase in those rates to attract or keep support for euro bonds, which isn't always a good thing or necessarily an indication of economic strength.

The prob is once again this two-speed Europe with the central core economies doing well but some others (and won't mention the usual names) doing disastrously.


Quite right...

You can't tie such diverse economies together with a single currency - it is common sense...

No doubt you will be accused of being a smoking plonker now too... :roll:
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Postby bill cobbett » Fri Oct 01, 2010 7:32 pm

cyprusgrump wrote:
bill cobbett wrote:
miltiades wrote:
CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".

SO MUCH CRAP FROM THESE TWO PLONKERS !!
RIGHT NOW THE euro against STG is just 1.15 ,not long before it touches 1.14 yet these cigarette ...poofters think the EURO is facing imminent collapse, what a pair of plonkers !!
In fact the EURO now trades at 1.148 against STG !!!!!


Yes but life is never as simple as that... the question must be ... Why has the Euro found strength in the past few days?????? ...... and the answer must be surely that the markets are factoring in a change of euro interest rates... an increase in those rates to attract or keep support for euro bonds, which isn't always a good thing or necessarily an indication of economic strength.

The prob is once again this two-speed Europe with the central core economies doing well but some others (and won't mention the usual names) doing disastrously.


Quite right...

You can't tie such diverse economies together with a single currency - it is common sense...

No doubt you will be accused of being a smoking plonker now too... :roll:


Yes, as Milti knows am a (moderate) smoker.

... but as to the euro business.... you can tie these disparate economies together providing imo there are strict and enforceable controls on such things as budgets, people paying due taxes and/or providing the richer more progressed economies are happy to pick up the bill for failings ..... but, as we saw a few months ago, they ain't.

.... and to bring this in to a CY context, some of the problem reported in parts of Euroland were down to property price bubbles (thinking of Ireland and Spain) or to large scale tax evasions elsewhere (thinking of !), which coming back to CY puts me mind of the levels of property prices and ask those who know better than me ... are they sustainable? .... and again related to CY property matters .... when are some bleeding develooooopers gonna pay their transfer taxes??
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Postby miltiades » Fri Oct 01, 2010 9:27 pm

The euro has withstood some of the worlds worst financial repercussions as a result
of the incompetent Greeks the carefree Spanish the careless Irish and the laid back Portugese
it is , the euro , the worlds most dynamic currency having taken over from the once mighty
US $ , Germany which for years now has been the worlds largest exporter ,
only last year second to china , has a great deal to gain by supporting the weaker economies
withing the eurozone .
Posting using my iPhone so no spell check !!!!
Ps: how do to you spell blonger ?!!!!!
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Postby DANGAMAN » Fri Oct 01, 2010 10:35 pm

miltiades wrote:The euro has withstood some of the worlds worst financial repercussions as a result
of the incompetent Greeks the carefree Spanish the careless Irish and the laid back Portugese
it is , the euro , the worlds most dynamic currency having taken over from the once mighty
US $ , Germany which for years now has been the worlds largest exporter ,
only last year second to china , has a great deal to gain by supporting the weaker economies
withing the eurozone .
Posting using my iPhone so no spell check !!!!
Ps: how do to you spell blonger ?!!!!!


Sorry, all but Im sticking to my guns and agree all the way with milti.

You are not looking at the wider picture,
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Postby bill cobbett » Sat Oct 02, 2010 1:55 am

DANGAMAN wrote:
miltiades wrote:The euro has withstood some of the worlds worst financial repercussions as a result
of the incompetent Greeks the carefree Spanish the careless Irish and the laid back Portugese
it is , the euro , the worlds most dynamic currency having taken over from the once mighty
US $ , Germany which for years now has been the worlds largest exporter ,
only last year second to china , has a great deal to gain by supporting the weaker economies
withing the eurozone .
Posting using my iPhone so no spell check !!!!
Ps: how do to you spell blonger ?!!!!!


Sorry, all but Im sticking to my guns and agree all the way with milti.

You are not looking at the wider picture,


Hateh file Dangaman, we all saw the reaction of the German Chancellor Merkel and much of Germany to bailing out the likes of !

Milti ...... have you seriously joined the 21st Century by getting an Iphone at last???????
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Postby miltiades » Sat Oct 02, 2010 3:17 am

Yes bill 6 months ago , why else would I be posting at 2 am !!!!!
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Postby dinos » Sat Oct 02, 2010 6:59 am

bill cobbett wrote:
cyprusgrump wrote:
bill cobbett wrote:
miltiades wrote:
CBBB wrote:
cyprusgrump wrote:
Get Real! wrote:
miltiades wrote:Cyprus joining the EU has been the greatest achievement in it's entire history...

Thus far it's been a calamity! We are poorer as we are Net Contributors, have been flooded by foreigners, and are slowly but surely turning into yet another European police state! Where are the advantages?


not only is Cyprus now a part of the most succesful ever union of nations but it also has the protection of a soon to be the most powerful army in Europe...

The EU doesn't have a military yet and EU law hasn’t helped Cyprus’ situation one iota!


Totally agree... the whole thing is a disaster... the sooner it all collapses the better....


You will have to make an application for residence as a "Third country national" if it collapses, or you could always become a "student".

SO MUCH CRAP FROM THESE TWO PLONKERS !!
RIGHT NOW THE euro against STG is just 1.15 ,not long before it touches 1.14 yet these cigarette ...poofters think the EURO is facing imminent collapse, what a pair of plonkers !!
In fact the EURO now trades at 1.148 against STG !!!!!


Yes but life is never as simple as that... the question must be ... Why has the Euro found strength in the past few days?????? ...... and the answer must be surely that the markets are factoring in a change of euro interest rates... an increase in those rates to attract or keep support for euro bonds, which isn't always a good thing or necessarily an indication of economic strength.

The prob is once again this two-speed Europe with the central core economies doing well but some others (and won't mention the usual names) doing disastrously.


Quite right...

You can't tie such diverse economies together with a single currency - it is common sense...

No doubt you will be accused of being a smoking plonker now too... :roll:


Yes, as Milti knows am a (moderate) smoker.

... but as to the euro business.... you can tie these disparate economies together providing imo there are strict and enforceable controls on such things as budgets, people paying due taxes and/or providing the richer more progressed economies are happy to pick up the bill for failings ..... but, as we saw a few months ago, they ain't.

.... and to bring this in to a CY context, some of the problem reported in parts of Euroland were down to property price bubbles (thinking of Ireland and Spain) or to large scale tax evasions elsewhere (thinking of !), which coming back to CY puts me mind of the levels of property prices and ask those who know better than me ... are they sustainable? .... and again related to CY property matters .... when are some bleeding develooooopers gonna pay their transfer taxes??


On the point of disparate economies, the US has NY, NJ, California, Illinois and Texas subsidizing pretty much the rest of the country. It can definitely be done and there is certainly empirical data to support as much.
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