FUTURE OF THE EURO (116)
The future of my euros looks grime with what i have paid out this week! 800e to service my motorbike! I will have to just sit on it now and go "vrooom, vroooom", because i cant afford petrol as well! 
Join the EURO-Zone they said!
It will be a Paradise they said!
It will be a Paradise they said!
MADDOG69: TO the nearest million, how many people do you think died as a result of Collectivisation?
I don't know. The numbers are millions, but also were caused by the deportations and political reprisals.
it will be interesting to see what happens, but I think some countries may return to their own mint just based on a few things I have read in the - haven't heard much in the news on it lately though. maybe the countries with the stronger economies if the euro loses value?
chris27292729: If the Euro recovers,will be the end of the $$$$
not so. we have our own administration in washington doing that without your help
felixis99: not so. we have our own administration in washington doing that without your help
I think my euros are being stolen,there doesnt seem to many in my wallet! 
rebel2: I think my euros are being stolen,there doesnt seem to many in my wallet!
lol did you invest in Genral Motors?
felixis99: lol did you invest in Genral Motors?
No,thank goodness!rebel2: I think my euros are being stolen,there doesnt seem to many in my wallet!
My cash is in GB pounds but I use Euros in Finland, there has been a little movement of the Euro rising against the pound, I have not been following it against the $ but I suspect it is holding.
The real problem is the drastically rising prices, this is what is making the Euro look weak.
Euro will die along with US dollar
tomcatwarne: My cash is in GB pounds but I use Euros in Finland, there has been a little movement of the Euro rising against the pound, I have not been following it against the $ but I suspect it is holding.
The real problem is the drastically rising prices, this is what is making the Euro look weak.
I get paid the majority in pounds,and in the 12yrs i have been here,i have seen a 30% drop in the exchange rate.Take that,and like you say,the dramatic price hypes,then it dents the income.The real problem is the drastically rising prices, this is what is making the Euro look weak.
Last year a gas bottle was about 10.35e.this year its at 17e or there abouts already.
tomcatwarne: My cash is in GB pounds but I use Euros in Finland, there has been a little movement of the Euro rising against the pound, I have not been following it against the $ but I suspect it is holding.
The real problem is the drastically rising prices, this is what is making the Euro look weak.
Better take goldThe real problem is the drastically rising prices, this is what is making the Euro look weak.
rebel2: I get paid the majority in pounds,and in the 12yrs i have been here,i have seen a 30% drop in the exchange rate.Take that,and like you say,the dramatic price hypes,then it dents the income.
Last year a gas bottle was about 10.35e.this year its at 17e or there abouts already.
Last year a gas bottle was about 10.35e.this year its at 17e or there abouts already.
Yes I was living in Cyprus before (but moved away before the big banks robbed their customers) of course that is another Eurozone. Many of the ex-pats who were well comfortable before have taken a drastic cut in their living standards. Of course I had to move to one of the most expensive places in the world
Many ex-pats went back to the UK only to find their re entry to Britain dogged with problems,Jack68: Better take gold
Maybe Jack
tomcatwarne: Yes I was living in Cyprus before (but moved away before the big banks robbed their customers) of course that is another Eurozone. Many of the ex-pats who were well comfortable before have taken a drastic cut in their living standards. Of course I had to move to one of the most expensive places in the world Many ex-pats went back to the UK only to find their re entry to Britain dogged with problems,
Thats right,its unbelievable re-entry is such a problem for a British passport holder.Many that have gone back,pay taxes in the UK like i do,and still its a problem.Fortuenetly,i dont have to go back,i can keep being a nuisance here.
rebel2: Thats right,its unbelievable re-entry is such a problem for a British passport holder.Many that have gone back,pay taxes in the UK like i do,and still its a problem.
Fortuenetly,i dont have to go back,i can keep being a nuisance here.
Fortuenetly,i dont have to go back,i can keep being a nuisance here.
Have fun in the sun.Conrad73: Future of any Fiat-Currency!
Until the Printing-Press wears out!
Until the Printing-Press wears out!
“Paper money returns to its intrinsic value – zero.” (Voltaire, 1694-1778)
why not prefere silver? Theres a lot of gold around , but only a little silver.
Goulag, soviet supreme, Kolkhoz, Sovkhoz, same tooth brush for everybody, no hope, no worries, all formated and disciplined .... a dream come true !!!!!!! 
Boban1: why would that (the emergence of a strong EURO) be the end of the Dollar???
The only thread holding the dollar from plunging immediately into the bottomless pit is that it is still needed as a reserve currency by many nations. So they support it to some degree out of self interest. It's not that they have confidence in the dollar, but they don't have confidence in anything else either.
If the Euro were to somehow survive its present crisis and emerge as a strong currency, every nation on earth would start buying Euros and dumping dollars because the dollar is doomed and everybody knows it.
More likely however, given the seriousness of the Euro's situation, both the dollar and the Euro (and all fiat currencies for that matter) will crash soon.
That would be the perfect opportunity for the NWO folks to set up their global electronic currency unit and start chipping everybody.
Conrad73: Join the EURO-Zone they said!
It will be a Paradise they said!
It will be a Paradise they said!
Sorta like:
"Vote for Obama"
PJ1961: Interesting social comment in that second article:
I go even further in my views than Mises. I maintain, and have tried to provide evidence of this in many different ways in my writings, that it is democracy which is causally responsible for the fatal conditions afflicting us now. The number of productive people is constantly decreasing, and the number of people parasitically consuming the income and wealth of this dwindling number of productive people is increasing steadily. This can’t work in the long run."
Hence the cause of illegal immigrants "taking" the jobs of citizens in say, the USA... def a global phenomenon
I go even further in my views than Mises. I maintain, and have tried to provide evidence of this in many different ways in my writings, that it is democracy which is causally responsible for the fatal conditions afflicting us now. The number of productive people is constantly decreasing, and the number of people parasitically consuming the income and wealth of this dwindling number of productive people is increasing steadily. This can’t work in the long run."
Hence the cause of illegal immigrants "taking" the jobs of citizens in say, the USA... def a global phenomenon
Yes, but the biggest parasites of all. Those that take 90% of the wealth out of the nations are not the blue collar street level loafers but the velvet collar banking elite of the Central Banks. They steal billions of dollars out of the savings of others every day legally and with total impunity just by deliberately inflating the currency.
RayfromUSA: If the Euro were to somehow survive its present crisis and emerge as a strong currency, every nation on earth would start buying Euros and dumping dollars because the dollar is doomed and everybody knows it.
More likely however, given the seriousness of the Euro's situation, both the dollar and the Euro (and all fiat currencies for that matter) will crash soon.
More likely however, given the seriousness of the Euro's situation, both the dollar and the Euro (and all fiat currencies for that matter) will crash soon.
U.S. dollar depends of a government, while euro depends of many, some of them decidedly unreliable to say the least.
If dollar crashes before the euro, the euro will crash immediatly after.
GUZMAN1: Fiat-currency means "reliable currency" isn't it?
Have you ever owned a Fiat?
RayfromUSA: Have you ever owned a Fiat?
I've owned a Seat, which was the spanish copy of Fiat models.
I know what you mean
GUZMAN1: U.S. dollar depends of a government, while euro depends of many, some of them decidedly unreliable to say the least.
If dollar crashes before the euro, the euro will crash immediatly after.
If dollar crashes before the euro, the euro will crash immediatly after.
Yes, given the current situation I believe that's exactly what would happen.
GUZMAN1: I've owned a Seat, which was the spanish copy of Fiat models.
I know what you mean
I know what you mean
Fiat money has been defined variously as:
* any money declared by a government to be legal tender.
* state-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard.
* money without intrinsic value.
The term derives from the Latin fiat ("let it be done", "it shall be").
from : latin, like "fiat lux"
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At least they had tractors.
TO the nearest million, how many people do you think died as a result of Collectivisation?