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Author Topic: Britain will join the Euro before long says German Finance Minister  (Read 4028 times)

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Martin_1962

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #30 on: 21 November 2011, 00:29:44 »

Cameron is best of the lot.

Clegg - wants more European integration.
Millipede - well would you trust him?

Now David Davis - he would have been ideal
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Dishevelled Den

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #31 on: 21 November 2011, 08:07:44 »


Thatcher would have sorted Fuhrer Merkel out, and her little french poodle :y :y


Iron Lady ?  8)
It's said the engine of EU economy is the French - German corporation, but two strong country not enough if there are a lot of weak one...That's why GB is needed as a possible new supporter (means : payer) member.

French is far from being an engine imo ;D


Indeed cem, either of the financial or automotive varieties - witness the PRV 6. :'(
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Dishevelled Den

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #32 on: 21 November 2011, 08:10:54 »

Cameron is best of the lot.

Clegg - wants more European integration.
Millipede - well would you trust him?

Now David Davis - he would have been ideal


Quote
Cameron is best of the lot

Sadly Martin that does little to bolster one's confidence in the make-believe Tory. :(
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Martin_1962

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #33 on: 21 November 2011, 08:16:42 »

Cameron is best of the lot.

Clegg - wants more European integration.
Millipede - well would you trust him?

Now David Davis - he would have been ideal



Quote
Cameron is best of the lot

Sadly Martin that does little to bolster one's confidence in the make-believe Tory. :(


I know

Hence I think he will be ousted before too long by a real one
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aaronjb

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #34 on: 21 November 2011, 09:30:24 »

I'm pretty sure we'll be stuck with Labour again after the next elections..
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Martin_1962

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #35 on: 21 November 2011, 13:37:49 »

I'm pretty sure we'll be stuck with Labour again after the next elections..

Don't scare me

We have just got rid of them and if we get one in our constituency it is a woman who is too crap to go in an open vote.

However pretty sure there will be no UKIP in ours (Eurosceptic) so new chap (definately a rebel) still has a chance, just a randon labour woman and maybe a libdem.

As to Millipede - no way is he suitable PM material.
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Nickbat

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #36 on: 21 November 2011, 14:33:33 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust.  ::) ::)
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aaronjb

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #37 on: 21 November 2011, 14:41:54 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust.  ::) ::)

I must have missed something - but I thought the problem was that the Euro countries couldn't devalue their own currency to save their economy, ergo they had to be bailed out.

But Hungary has it's own currency.. so how come it isn't just devaluing it, like I've seen mentioned so many times here?
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albitz

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #38 on: 21 November 2011, 16:49:37 »

Well it means they dont have both hands tied behind their back while trying to solve their problems,but it isnt an automatic cure for all financial ills. ::)
I notice that certifiable idiot Michael Heseltine has come out of the woodwork today and said that the UK will inevitably join the Euro in the future.
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Kevin Wood

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #39 on: 21 November 2011, 17:00:05 »

Quote
Britain will join the Euro before long says German Finance Minister

Sounds typical to me. "Fully-emblinkered German fails to see the sensible alternative." Been there plenty of times sitting in meetings having worked for German companies most of my career. ;D

I think the "EURO = can'o'worms" message should have hit home with even the thickest voters here by now so they'll never get that past a referendum. ;D Rubber stamp it is, then.  >:(
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cem_devecioglu

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #40 on: 21 November 2011, 17:27:45 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust
::) ::)

worse.. when IMF finishes the job, they would prefer biting the dust a million times :(
 
we had crisis in year 2000 where there were no crisis anywhere else.. reason was the central bank and treasury  applying IMF rules.. >:(
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Johnny English

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #41 on: 21 November 2011, 20:49:47 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust.  ::) ::)

I must have missed something - but I thought the problem was that the Euro countries couldn't devalue their own currency to save their economy, ergo they had to be bailed out.

But Hungary has it's own currency.. so how come it isn't just devaluing it, like I've seen mentioned so many times here?

Devaluation is hard case becouse lots of hungarians have loans/mortgages on own estate or car of course in foreign currency. So if devaluation is realised the amount of money per month they have to repay is going on to the skies... National Bank of Hungary could regularize the rate of exchange but there is a little ideological opposition between the Gov and Bank. The Gov represents a right wing conservative line but the Bank does a left wing liberal-socialistic direction.Gov is attempting to push Bank to modify the hire of money unsuccessfully... They are independents, Gov say what they want the Bank do what they want...
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Johnny English

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #42 on: 21 November 2011, 21:01:58 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust
::) ::)

worse.. when IMF finishes the job, they would prefer biting the dust a million times :(
 
we had crisis in year 2000 where there were no crisis anywhere else.. reason was the central bank and treasury  applying IMF rules.. >:(

Many country which adopted regulars of IMF was in trouble later becouse of advices of IMF. >:( It occurred several times ,on different points of the world but mainly in South-America. IMF gave wrong advice a lot of time as if they had been interested specially in connection with these countries...it's declared that IMF has to support the stability of international finance but seems they don't do . (or unable to do...?) :-\
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cem_devecioglu

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #43 on: 21 November 2011, 21:13:02 »

Hungary calls for IMF assistance

http://www.ft.com/cms/s/0/43b80d02-143a-11e1-b07b-00144feabdc0.html#axzz1eLn4a39g

Another one bites the dust
::) ::)

worse.. when IMF finishes the job, they would prefer biting the dust a million times :(
 
we had crisis in year 2000 where there were no crisis anywhere else.. reason was the central bank and treasury  applying IMF rules.. >:(

Many country which adopted regulars of IMF was in trouble later becouse of advices of IMF. >:( It occurred several times ,on different points of the world but mainly in South-America. IMF gave wrong advice a lot of time as if they had been interested specially in connection with these countries...it's declared that IMF has to support the stability of international finance but seems they don't do . (or unable to do...?) :-\

agreement with IMF means marriage with devil..  no buts, ifs.. most south america countries kick them and much better now.. :(
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Johnny English

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Re: Britain will join the Euro before long says German Finance Minister
« Reply #44 on: 21 November 2011, 21:30:55 »


agreement with IMF means marriage with devil..  no buts, ifs.. most south america countries kick them and much better now.. :(


Aye, unfortune, but without agreement the investors/shareholders are distrustfuls of Hungary...We don't want to take a definite amount just an agreement is needed investors to be calmed.
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