I've just noticed the the Euro has fallen this morning due to Ireland's annoucement re. the Anglo Irish bank.
Is this the beginning of the end for the Euro?
First Greece and now Ireland?
Only time will tell.
One thing though: How can it 'be the end'? What happens if it 'ends'?
Is there suddenly no money in Europe? Seriously, what happens?
We have to become an annexe of Russia and they steal all of our women?
We have to become an annexe of Russia and they steal all of our women?
as long as we get some of theirs in return I am fine with this.
How much has the pound slipped in value recently?
Ireland and Greece aren't exactly the powerhouses of Europe.
Ireland's news is spooking the market and quite rightly so though.
could we just trade all our fat ugly women for their slim fit ones, I bet they would be worth more as they would be better suited to pulling carts and working in the fields.
Yay - skiing becomes affordable again 😉
Provided there's anyone left with a job after the PSR
i like the euro - but it does have a stupid name.
some people criticize it as being inherently flawed - using the current situation to highlight their point.
i disagree - we're not in this mess because of the euro, we just all got carried away with 'cheap' loans - the house of cards fell over because lending money at cheap rates to NINJA's* is inherently flawed.
the 'euro' will be fine, but lots of people will struggle as we all** pay back money we shouldn't have borrowed in the first place.
(*No INcome Job or Assets)
(**individuals, and nations)
the sterling has also dropped as well, 1.13 tourist rates it was nearly 1.2 a month ago.
http://markets.ft.com/ft/markets/currencies.asp
Doesn't look like it fell that much.
Noooooooo, I'm on holliday next week and had the option of either paying £500 upfrotn or paying £100 and £400 on arrival, I banked on the pound being the next to tank after the election result 🙁
changing £500 makes bog all difference, wow, you get 1 euro less, your on holiday, stop scrimping
The Euro came worryingly close to collapse earlier during the Greek crisis. If one member state exits, it probably will.
If it does, it will probably mean utter economic chaos across the whole continent - including us.