As the Greek government trys to arrange austerity measures.
The protesters are rioting and setting fire to the city
http://www.bbc.co.uk/news/world-europe-17003432
If Greece goes bust that will take the Euro?
(Luckily for us in the UK we kept the pound£)
Athens is on fire literally
Athens is on fire literally
I'm Diabetic,& disabled BUT!! NOT DEAD YET!!
Re: Athens is on fire literally
If the Euro goes we are stuffed too as we do most of our trade with Europe.
Understeer: when you hit the wall with the front of the car.
Oversteer: when you hit the wall with the back of the car.
Horsepower: how fast you hit the wall.
Torque: how far you take the wall with you.
Oversteer: when you hit the wall with the back of the car.
Horsepower: how fast you hit the wall.
Torque: how far you take the wall with you.
Re: Athens is on fire literally
Mitsuru - we do get the news here too you know..... 
Some people are like Slinkies - they serve no useful purpose, but they still bring a smile to your face when you push them downstairs.
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Martin Evans
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Re: Athens is on fire literally
Perhaps the thread is to discuss rather than report 
There is truth in both the fact that whilst it is good for us, that we kept the £ (I think it shows that trying to force different economies to converge doesn't work), we will suffer if the Euro goes down the pan. It's just a pity we haven't kept other things, like a manufacturing base and that instead of seeing made in China on everything, we still saw made in Great Britain or made in England etc.
There is truth in both the fact that whilst it is good for us, that we kept the £ (I think it shows that trying to force different economies to converge doesn't work), we will suffer if the Euro goes down the pan. It's just a pity we haven't kept other things, like a manufacturing base and that instead of seeing made in China on everything, we still saw made in Great Britain or made in England etc.
Rules exist for the obedience of fools and the guidance of wise men.
MG Midget 1500, MGB GT V8, Morris Minor Traveller 1275, MG Midget 1275 & too many bicycles.
MG Midget 1500, MGB GT V8, Morris Minor Traveller 1275, MG Midget 1275 & too many bicycles.
Re: Athens is on fire literally
Correct, also while discussing how they (euroland) have handled this and other things.Martin Evans wrote:Perhaps the thread is to discuss rather than report
Such as the protectionism of their own jobs and services yet go off it when others do it!!
I'm Diabetic,& disabled BUT!! NOT DEAD YET!!
Re: Athens is on fire literally
...Athens is on fire literally
I prefer a virtual fire myself, but to each their own.
I thought that the board's rules said something about not talking politics or being killed to death by firing squad for attempting to do so. So, with that in mind maybe we can worry about inportant stuff instead?
J
"Home is where you park it", so the saying goes. That may yet come true..
"Home is where you park it", so the saying goes. That may yet come true..
Re: Athens is on fire literally
I liked the idea of the Euro. However, it has to be said that its introduction has been handled VERY irresponsibly and am glad we stayed out. There were certain nations who should not have been allowed to join, but were due to the over eagerness of those pushing the single currency. Those chickens are now back in the roost.....
As for its impending collapse (or not) I read somewhere that there were a lot of American banks involved in the whole fiasco that has unfurled. Remember that the US was not a big fan of the Euro - don't want another powerful trading bloc challenging them do we? So the scheme went like this - lend these fiscally irresponsible and corrupt countries loads of dosh that they don't have a hope of paying back and when they get into trouble, the rest of the Eurozone bails them out with interest. But also put loads of dosh into hedged bets that the Euro collapses - if it does, shedloads of cash will be made.
I'm no finacial genius by a long chalk, but can see some for of logic behind it. Perhaps others could shed a bit more light on this?
As for its impending collapse (or not) I read somewhere that there were a lot of American banks involved in the whole fiasco that has unfurled. Remember that the US was not a big fan of the Euro - don't want another powerful trading bloc challenging them do we? So the scheme went like this - lend these fiscally irresponsible and corrupt countries loads of dosh that they don't have a hope of paying back and when they get into trouble, the rest of the Eurozone bails them out with interest. But also put loads of dosh into hedged bets that the Euro collapses - if it does, shedloads of cash will be made.
I'm no finacial genius by a long chalk, but can see some for of logic behind it. Perhaps others could shed a bit more light on this?