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  1. Well wouldve been nice before the 100 bln to Spain And before the mess with Greece.

    But honestly this cant end well. Italy, Portugal, Ireland are next. And then there is no German, Scandinavian, Dutch, Danish, French, and other's money to save them.
  2. Bit sad that northern countries struggle to cut their budget while pouring it downstream to the south.

    18 bln of cuts, everyone fighting, but through the backdoor 40 bln left the same week.
  3. If, say, the Euro was cut in two. Then the Northern Euro would be worth more than the Southern Euro... and perhaps enable the Northern Euro to bail out the Southern for less. At least after a bit of growth in the northern countries. Maybe it'd also give some more protection for the North.

    Probably stupid thoughts by me. I shouldn't be allowed to post here being as tired as I am today.
  4. True, but not ideal situation either since the Northern Euro probably will get way to expensive, which makes our stuff expensive.

    Anyway, we should've kicked greece out on day 1. We couldve easily lended them some money to work things out, but outside the euro.

    Now the real problem, fear, has taken over and it will bring Spain, Italy, Portugal and Ireland down.
  5. I'm pretty glad Sweden never got the Euro now.
  6. Yeah, you should.

    The do ridiculous things to try to save the euro. The emergency fund (its called ESM i think) is plain ridiculous. Countries can basicaly be forced (the whole process is 'automated') to loan money to other countries, it's government can't block the transaction.

    Sad that the Dutch government agreed with this ridiculous set up, it will probably blow up in our face soon.
  7. Originally posted by Risto:Yeah, you should.

    The do ridiculous things to try to save the euro. The emergency fund (its called ESM i think) is plain ridiculous. Countries can basicaly be forced (the whole process is 'automated') to loan money to other countries, it's government can't block the transaction.

    Sad that the Dutch government agreed with this ridiculous set up, it will probably blow up in our face soon.

    Well... Sweden is on quite a few of these as well. But at least we don't have the Euro.


  8. Wasn't trying to bother you, just wanted an conversation about the bailouts.


  9. Interesting... Discuss?
  10. Pretty unsurprising results.

  11. Yea, was to be expected. The funny thing is the Greeks considering themselves the most hard working!

  12. Funny but also not very surprising xD
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Contribute to the U2 community with uploading photos or by telling us which shows you have visited.
Contribute to the U2 community with uploading photos or by telling us which shows you have visited.