tag:blogger.com,1999:blog-7093094753419569743.post1123588915121787237..comments2023-06-12T12:55:20.211+01:00Comments on Styx: $8,500,000,000Paulhttp://www.blogger.com/profile/02371850435667108476noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7093094753419569743.post-28447885220459838402012-12-10T20:13:50.554+00:002012-12-10T20:13:50.554+00:00Well then, Germany will be the last!
Experts we...Well then, Germany will be the last! <br /><br />Experts were saying in the summer that if Greece withdrew from the euro, it could mean the end of the currency; this I don't agree with since at present the Euro is the second most widely-held reserve currency (after the US$ of course, with Sterling a distant third).<br /><br />States around the world wouldn't see the joke I fear...<br /><br />To finish on a positive note, apart from Estonia, have a look at Slovakia, another euro state with low debt.Paulhttps://www.blogger.com/profile/02371850435667108476noreply@blogger.comtag:blogger.com,1999:blog-7093094753419569743.post-12367779488586917222012-12-10T15:20:51.942+00:002012-12-10T15:20:51.942+00:00my money too is on germany after france because Ge...my money too is on germany after france because Germany is still manufacturing etc.at the moment. I assume all the others are down the pan already. Its all gone to hell in a handcart. I must look in to Estonia...<br /><br />regards`OAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7093094753419569743.post-52657648309991902792012-12-10T00:23:17.084+00:002012-12-10T00:23:17.084+00:00No, I can't agree about the Germans being next...No, I can't agree about the Germans being next. They have the German work ethic, intelligent trades unions, an economy that is still in growth - they make stuff and export it rather as Britain used to do.<br /><br />I would guess Spain first, followed by Italy, whose prime minister has just resigned, so probably more instability there with old Berlusconi making noises about returning. If the Italians are lucky, perhaps Luca di Montezemolo will get the job; he's probably the best choice and probably also the most able.<br /><br />After Italy? France I suppose. The one you have to envy is Estonia whose debt as a proportion of GDP has been about 6% for years... They are doing something right!Paulhttps://www.blogger.com/profile/02371850435667108476noreply@blogger.comtag:blogger.com,1999:blog-7093094753419569743.post-44661416973139356582012-12-09T17:52:02.144+00:002012-12-09T17:52:02.144+00:00Germany next ,not a joke .........
indeed, are we ...Germany next ,not a joke .........<br />indeed, are we not still at the beginning of the recession to end all recessions....maybe the history books will see this as the start of some great global shift...taking the digital revolution and the global recession together as history it may seem like a new industrial revolution to our forbears. I hope the change our world is going therough will end in a better world for all (but i doubt it)<br /><br />`OAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7093094753419569743.post-73763075124485504622012-12-08T19:41:28.092+00:002012-12-08T19:41:28.092+00:00"Feel sorry" - just a turn of phrase.
T..."Feel sorry" - just a turn of phrase.<br /><br />The problem is that unfortunately, despite the UK's wisdom in remaining firmly outside the Eurozone, a chill wind in he zone is quite likely to give us 'flu - if indeed it hasn't already.<br /><br />France's $40 billion debt is therefore very disturbing; after all, one cannot expect the Germans to "bail out" all the profligate nations in Europe. In fact I imagine that the German populace is already at the stage of - as a friend of mine used to say - "not seeing the joke."Paulhttps://www.blogger.com/profile/02371850435667108476noreply@blogger.comtag:blogger.com,1999:blog-7093094753419569743.post-91599624601014696752012-12-08T18:02:58.546+00:002012-12-08T18:02:58.546+00:00ho ho ho christmas is coming and the Germans are n...ho ho ho christmas is coming and the Germans are next...<br /> excuse my ignorance , why should we feel sorry for the French.? Have they not been part of the EU gravy train like the rest? Debt 86% of GDP (the same as UK) Only poor people in the Eurozone will suffer ..`Twas ever thus.......<br /> .......`OAnonymousnoreply@blogger.com