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date: Sun, 4 Jan 2009 13:49:44 -0800 (PST),
group: uk.politics.parliament
back
Euro, Euro, Euro
I'm getting fed up with the thorn in the flesh that is the Euro. Now
so I've heard, the Pound is so weak that I could buy a brand new Aston
Martin for the price of a small house but if I took that same cash to
East Germany I would be lucky to pick up a secondhand Trabi! Its time
to buy British regardless of the 4.85543679% price difference to
European goods, if they make anything other than cars that is. Every
product in my house is made in China - believe me I've looked. Whats
really bothering me is that the Euro exchange rate mechanism works by
not allowing a your currency to vary more by than a specified
percentage of the average value of the Euro (up or down). How this is
implemented is beyond me, Italy's Euro goes up 2 1/2% too much - owes
Spain 1500 tonnes of Pasta? But there is a word for this brotherly
affection and its called Communism. Now I admit the the 'C' word has
its uses, er... recovery from invasion by ultra far-right forces
(Hitler) and ... no I can't think of any more. But in this day and
age, a government desiring to implement this would stand to be accused
of attempting to halt the success of individuals and companies. Think
about it, your company does well - value of local currency goes up,
government sells you out. Now I get bothered whenever I hear
revolutionary talk of a single continental currency so lets hear about
the theory of ditching the Euro if the Hard Labour Party were ever to
get their way.
date: Sun, 4 Jan 2009 13:49:44 -0800 (PST)
author: unknown
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Re: Euro, Euro, Euro
Can't buy British we don't make anything anymore and the last bastion of
British exports, the invisables like Insurance and banking just
disintigrated and evaporated never to return. We are the new European poor,
the banana republic of Europe.
With no more global trust in our banking and insurance, the pound is doomed,
it will never recover from this disaster. People did have a lot of faith in
our currency once but that's all finished now. I mean would you buy a used
car from our top bankers?
wrote in message
news:f0b081e8-4acc-4b05-bc02-c376e6653143@s1g2000prg.googlegroups.com...
> I'm getting fed up with the thorn in the flesh that is the Euro. Now
> so I've heard, the Pound is so weak that I could buy a brand new Aston
> Martin for the price of a small house but if I took that same cash to
> East Germany I would be lucky to pick up a secondhand Trabi! Its time
> to buy British regardless of the 4.85543679% price difference to
> European goods, if they make anything other than cars that is. Every
> product in my house is made in China - believe me I've looked. Whats
> really bothering me is that the Euro exchange rate mechanism works by
> not allowing a your currency to vary more by than a specified
> percentage of the average value of the Euro (up or down). How this is
> implemented is beyond me, Italy's Euro goes up 2 1/2% too much - owes
> Spain 1500 tonnes of Pasta? But there is a word for this brotherly
> affection and its called Communism. Now I admit the the 'C' word has
> its uses, er... recovery from invasion by ultra far-right forces
> (Hitler) and ... no I can't think of any more. But in this day and
> age, a government desiring to implement this would stand to be accused
> of attempting to halt the success of individuals and companies. Think
> about it, your company does well - value of local currency goes up,
> government sells you out. Now I get bothered whenever I hear
> revolutionary talk of a single continental currency so lets hear about
> the theory of ditching the Euro if the Hard Labour Party were ever to
> get their way.
date: Mon, 16 Feb 2009 17:47:08 -0000
author: Fletcher
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