European Tribune - Comments - Euros: we'll take them down with us and break them

Euros: we'll take them down with us and break them | 91 comments (91 topical, editorial, 0 hidden)

So sooner or later we'll have to join the Euro, so the banks will be able to pay their debts back?

Life should consist in at least fifty percent pure waste of time, and the rest doing what you please.

by ceebs (bunchofwankers (at) gmail (dot) com) on Sat Apr 12th, 2008 at 06:17:35 PM EST
[ Parent ]

Re: Wishful thinking. (none / 1)

More like fall off the euro peg.

Then maybe rename the currency the peso?

by redstar on Sat Apr 12th, 2008 at 08:16:47 PM EST
[ Parent ]

Fall of the Euro peg ... (none / 0)

... hmmm ... how much has the UK changed since the 20's?

I mean, since the foolish effort to get back on a pre-war gold exchange rate in denial of shifting geo-economic realities led to a long spell of slower growth than its rivals?

I'm still hoping to get some spare coin while the US$ is still a useful margin below $2.00/€

Utsukushikereba sore de ii

by BruceMcF (agila61 at netscape dot net) on Sun Apr 13th, 2008 at 06:24:47 PM EST
[ Parent ]

Re: Fall of the Euro peg ... (none / 1)

BruceMcF:

how much has the UK changed since the 20's?
I mean, since the foolish effort to get back on a pre-war gold exchange rate in denial of shifting geo-economic realities led to a long spell of slower growth than its rivals?

And also led to the 1925-9 credit bubble in the US, with known consequences.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Mon Apr 14th, 2008 at 06:08:29 AM EST
[ Parent ]

Euros: we'll take them down with us and break them | 91 comments (91 topical, 0 editorial, 0 hidden)

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