European Tribune

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So what's really going on here? Are these articles a tacit admission that the only thing that can save the US$ is the disappearance of the euro? They ain't just whistling past the graveyard....this is like praying that your neighbours house burns down so that no one will notice that your roof is caving in from want of new shingles. It's spiteful, childish, desperate, and a warning of viscous attacks to come.

England needs to somehow be lured in the Euro Zone. The next step would be the dissolution of NATO. One can always dream...

by PIGL on Sat Apr 12th, 2008 at 05:16:38 PM EST

this is like praying that your neighbours house burns down so that no one will notice that your roof is caving in from want of new shingles. It's spiteful, childish, desperate, and a warning of viscous attacks to come.

This is exactly what this is about. Distracting attention in any possible way.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Sat Apr 12th, 2008 at 05:24:21 PM EST
[ Parent ]
I wish I had more True Facts to back up my snark. I'll just borrow yours, Jerôme, if that's OK with you....
by PIGL on Sat Apr 12th, 2008 at 06:03:16 PM EST
[ Parent ]

England needs to somehow be lured in the Euro Zone.

Euroskeptics apparently fear that the moment when £1 = €1 (or less) will be a propitious time...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (jeromeguillet@yahoo.fr) on Sat Apr 12th, 2008 at 05:25:25 PM EST
[ Parent ]
And suddenly I got something else to root for...
by Nomad on Sat Apr 12th, 2008 at 05:32:51 PM EST
[ Parent ]
I smell a Chris Cook £50 euroLLP bet here...

(here goes...)

If I have it right, by moving my sterling assets into euros now (if I could and in a sliding manner as necessary or preferred), I would be locking my assets to the euro--but I wouldn't be making any profit, just exchanging sterling for euros at the best available rate--in one go, just switch.

So...an LLP which can hold smaller or larger funds in a two-currency balance: sterling and euros.  Who'd want to buy the sterling?  European banks have to accept it; assuming sterling isn't going away, and that there is real value being generated in the UK (not necessarily secured as sterling-profit in bank accounts); how about a fund that allows an individual to deposit sterling or euros or dollars, the exchange rate is on the day, let's say eleven a.m.; or two am.  The fund is available to all, but it sits within an LLP--to join the fund, you have to join the LLP, and once you're in--

If the idea is to leap ahead of the common wisdom, and if this is with the idea of changing the common wisdom to one more to our liking, then a company built out of ET ideas, a few euros, a few signatures (legal documents!)--

(endless re-runs of goodfellas, the moral at the end--heh----"good times, right?"  Bang bang!  Bang bang bang!  Bang bang!  "yeah, good times.")

--and the politicians making up laws and now taking down laws like demons--more laws, different laws, laws that cancel out other laws, or try to circumvent them in some way--This year we need: more laws!  And enforcement at the discretion of--I dunno, the police via instruction from on high--

...as Chris says, get a starting pot, a pool which can be used to pay an individual if another individual in the pool (or those outside who, by the magic of the LLP, suddenly appear inside--in a legal sense or a tax sense) defaults on payment.

What happens to profits is one conversation, but maybe not by far the most interesting.  How are they getting on with that new solar heater?  What?  Again?!  Gah!  Yes.  Okay.  Bert!  Yeah.  Yeah.  Hey, did it do that smoking thing?  It did that smoking thing.  What's that?  You sure?

EuroLLP -- Funding Success

A last thought--an investment is looking for a safe place to be--so you need a paypal-like structure, where value can be passed easily and securely between members; something concocted from within an LLP (for me, LLP is shorthand for "that magical structure which will do exactly what I want it to"--so I'm always awaiting specific dis-accord where my idea(s) are in disagreement with the actually-existing legal status, requirements, and benefits of the actually-existing LLP/LLC rules and regulations.  I read paul spencers LLC, it makes a lot of sense and seems to be binding in a legal sense but not in the sense that--we're going to need a lot of lawyers to oversee this); where what the partners get up to during their daily routine, whatever crazy things they say to each other or swap with each other, no matter what strange creations they make and then maybe abandon, but the only thing of concern to the state (aka the taxman) is: what profits accrued in that members of the LLP did business with people outside of it?  Chris, does that sound right or all wrong?  Does it make any sense?  How do you set up money payment systems where the bank is, as you say, in the first instance a neutral holder of receipts, to be paid as said by the receipt, in the payment method stated on the recipt--It's the marginalisation of money-profit----.  

Chris--Solveig!  Imagine: a freak electric burst from the planet, a pre-cursor to the shifting of the magnetic poles--something that just shut it all down, just like that.  Hey, Scotland's a long way for me on foot--days of walking, weeks!  Now....hmmm...we need something a bit faster.  How about -- Pigeons-R-Us (LLP), why be precious?  Pigeons are good when all the phone lines are down--forever!  But ya know, there's that corporation producing rats--

I suppose another way of looking at it is: if you can't find any money being given to you when you ask the rich for some, then you're going to go lower down the pecking order, so might as well start where most people end up--cultivate the money of the poor, turn it into a simple resource--to be fed out to govt. as desired and following all legal guidelines; but internally, this is it: this is all the money you're going to see from this source, now--how about we--pool a few of our resources--

Gah--I'm trying to paint from a strange blueprint--which keeps changing shapes internally--



Don't fight forces, use them R. Buckminster Fuller.

by rg (leopold dot lepster at google mail dot com) on Sat Apr 12th, 2008 at 08:38:23 PM EST
[ Parent ]
I think you nailed it.
the reaction of the third neighbor is to wish for the roof to fall and the other house to remain intact...

In any case... the US would be lucky (as we all will be) if the US remains at zero growth for some years without getting in negative terrirtory.

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Sun Apr 13th, 2008 at 03:22:17 PM EST
[ Parent ]
Oh, you mean after the recession. Yeah, that would be better than the alternative.


Utsukushikereba sore de ii
by BruceMcF (agila61 at netscape dot net) on Sun Apr 13th, 2008 at 06:28:51 PM EST
[ Parent ]

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