Pages:
Author

Topic: EUR might drop below USD - page 8. (Read 33639 times)

legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 16, 2015, 11:45:43 PM
@Amph Where did you see it was a rumor? Did a quick search and found nothing.

@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.

Even Stalin said that its not who votes that counts its who counts the votes.

Democracy is a joke really. The only power you (think) you have is voting, but even that is covered with frauds and deception.

So really c`mon people you must realize that democracy is just another form of mirage and scam the tyrants use to keep their slaves in-line.

So no sources, just speculation? I'm not saying there aren't problems. But you have to work with what you have. At the moment that's a form of democracy. Referendums help bring issues to public attention. And to start debates. Far from perfect, but what are you proposing instead? And I mean realistic proposals with what we have now.


see, every system has it's own problem. You see  China is struggling with it's system. No human right, so much frustration.
County like India is struggling with it's democracy as well.
Middle east countries are also struggling with their kingdom structure.
Everyone is fed up.
We need a rest button.
legendary
Activity: 1135
Merit: 1001
April 16, 2015, 11:31:47 PM
@Amph Where did you see it was a rumor? Did a quick search and found nothing.

@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.

Even Stalin said that its not who votes that counts its who counts the votes.

Democracy is a joke really. The only power you (think) you have is voting, but even that is covered with frauds and deception.

So really c`mon people you must realize that democracy is just another form of mirage and scam the tyrants use to keep their slaves in-line.

So no sources, just speculation? I'm not saying there aren't problems. But you have to work with what you have. At the moment that's a form of democracy. Referendums help bring issues to public attention. And to start debates. Far from perfect, but what are you proposing instead? And I mean realistic proposals with what we have now.
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 16, 2015, 11:26:24 PM
@Amph Where did you see it was a rumor? Did a quick search and found nothing.

@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.

Even Stalin said that its not who votes that counts its who counts the votes.

Democracy is a joke really. The only power you (think) you have is voting, but even that is covered with frauds and deception.

So really c`mon people you must realize that democracy is just another form of mirage and scam the tyrants use to keep their slaves in-line.

If not democracy then what will be the best model? Tell us dear. May be Dictatorship?
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 16, 2015, 11:20:50 PM
@Amph Where did you see it was a rumor? Did a quick search and found nothing.

@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.

Even Stalin said that its not who votes that counts its who counts the votes.

Democracy is a joke really. The only power you (think) you have is voting, but even that is covered with frauds and deception.

So really c`mon people you must realize that democracy is just another form of mirage and scam the tyrants use to keep their slaves in-line.
legendary
Activity: 1135
Merit: 1001
April 16, 2015, 09:46:38 PM
@Amph Where did you see it was a rumor? Did a quick search and found nothing.

@GreenStox I know of cases like Ireland where the result not to enter the union wasn't accepted. And they repeated the referendum until they got the result they wanted. And I know of cases like Greece and the fear mongering against Syriza. But didn't hear of voting fraud. Do you have sources for that? Not that this referendum is binding anyway. But still significant if it isn't only a rumor.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 16, 2015, 08:54:12 PM
I see a lot of chaos there, for example those who think that Switzerland and UK are part of the Eurozone... Really?

By the way probably EUR won't drop below USD and the Eurozone won't collapse after a hypothetical Grexit, just because Greece is too small.

Actually the only downside of a Grexit and the consequent bankruptcy is the public exposure of Germany (65bln€), France (49bln€) and Italy (43bln€).

As you can see here: Eurozone countries exposures to Greece - 2011 vs 2014.

But that's not a really big deal actually.
if greece leaves the eurozone will collapse, italy, spain, and why would germany still want to stay in? ...

That's not the case, as an italian guy i am 100% sure that we will stay in the eurozone with or without Greece.
If you ask me, France is the biggest problem for the Eurozone, not economically (at least not right now), but politically, but that's another story.
By the way I already said that a Grexit is not a big deal, greek economy is just too small, not a big player and however we can't even tell if a Grexit is likely to happen or not, so right now the Eurozone is safe.

Isn't Italy going to have a referendum about leaving the eurozone? Don't know if it will pass. Or if the government will follow through with an exit if it does. But are you 100% sure it won't pass? Even without considering Greece. http://rt.com/news/248769-italy-eurozone-referendum-petition

it was like so, but they are not still there yet, was just a rumor at the end, i think ital will stay in the euro for now, and greece getting out will not change that

Haha what a joke, a referandum really?

They control votes and commit voting fraud.

C`mon people, most of you must realize by now what a joke this "democracy" thing really is....
legendary
Activity: 3248
Merit: 1070
April 16, 2015, 03:39:33 AM
I see a lot of chaos there, for example those who think that Switzerland and UK are part of the Eurozone... Really?

By the way probably EUR won't drop below USD and the Eurozone won't collapse after a hypothetical Grexit, just because Greece is too small.

Actually the only downside of a Grexit and the consequent bankruptcy is the public exposure of Germany (65bln€), France (49bln€) and Italy (43bln€).

As you can see here: Eurozone countries exposures to Greece - 2011 vs 2014.

But that's not a really big deal actually.
if greece leaves the eurozone will collapse, italy, spain, and why would germany still want to stay in? ...

That's not the case, as an italian guy i am 100% sure that we will stay in the eurozone with or without Greece.
If you ask me, France is the biggest problem for the Eurozone, not economically (at least not right now), but politically, but that's another story.
By the way I already said that a Grexit is not a big deal, greek economy is just too small, not a big player and however we can't even tell if a Grexit is likely to happen or not, so right now the Eurozone is safe.

Isn't Italy going to have a referendum about leaving the eurozone? Don't know if it will pass. Or if the government will follow through with an exit if it does. But are you 100% sure it won't pass? Even without considering Greece. http://rt.com/news/248769-italy-eurozone-referendum-petition

it was like so, but they are not still there yet, was just a rumor at the end, i think ital will stay in the euro for now, and greece getting out will not change that
legendary
Activity: 3332
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 15, 2015, 11:01:13 PM
If Greece leaves the Euro zone, that would make the Euro stronger, and that may happen.
Greece's exit from the Euro—if it happens—can bring a host of troubles upon Greece and Europe, but scenarios for a rosy outcome are much less likely.

The euro model have not been created to last forever. First they create that, then they overuse the benefit of the system and then they look for a new system. The whole Europe except a few countries will be on Greece's footpath.
legendary
Activity: 1135
Merit: 1001
April 15, 2015, 08:49:44 PM
I see a lot of chaos there, for example those who think that Switzerland and UK are part of the Eurozone... Really?

By the way probably EUR won't drop below USD and the Eurozone won't collapse after a hypothetical Grexit, just because Greece is too small.

Actually the only downside of a Grexit and the consequent bankruptcy is the public exposure of Germany (65bln€), France (49bln€) and Italy (43bln€).

As you can see here: Eurozone countries exposures to Greece - 2011 vs 2014.

But that's not a really big deal actually.
if greece leaves the eurozone will collapse, italy, spain, and why would germany still want to stay in? ...

That's not the case, as an italian guy i am 100% sure that we will stay in the eurozone with or without Greece.
If you ask me, France is the biggest problem for the Eurozone, not economically (at least not right now), but politically, but that's another story.
By the way I already said that a Grexit is not a big deal, greek economy is just too small, not a big player and however we can't even tell if a Grexit is likely to happen or not, so right now the Eurozone is safe.

Isn't Italy going to have a referendum about leaving the eurozone? Don't know if it will pass. Or if the government will follow through with an exit if it does. But are you 100% sure it won't pass? Even without considering Greece. http://rt.com/news/248769-italy-eurozone-referendum-petition
legendary
Activity: 868
Merit: 1006
April 15, 2015, 11:41:56 AM
US and UK will step in before Russia does. Greece and Russia may be eyeing each other but both know a switch of allegiance by Athens away from Washington is opening a Pandora's box.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 13, 2015, 06:46:14 AM
Well that's not a good move, Eurozone economy and US economy are strictly bonded together, just look what happened in 2008.
If they are really bonded together, why the Eurozone start to QE and the US just quit QE and start to raise interest rates.
It seems there on the totally opposite direction.

If they do opposite things, this doesn't mean they are not dependent on each other. It is enough to look at the list of the largest trading partners of the European Union to understand this at once. As you may guess, the US is the largest trading partner of the EU. The EU exports to the US are twice as much as to China, for example...
newbie
Activity: 56
Merit: 0
April 13, 2015, 06:10:13 AM
Well that's not a good move, Eurozone economy and US economy are strictly bonded together, just look what happened in 2008.
If they are really bonded together, why the Eurozone start to QE and the US just quit QE and start to raise interest rates.
It seems there on the totally opposite direction.

Because we have two different central banks with two different monetary policies, maybe?
This doesn't mean that they are not bonded together.

If they are not bonded together, why did Eurozone economy got infected in 2008?

LoL switserland is not part of the EU, the countries paying for the greeks is done mostly by germany and the netherlands.
I pretty pissed about the way the greeks look at the mess they created themselfs
We in the netherlands have to work till 67 the greeks stop working at 55 another issue with the greeks is they hardly ever pay taxes.
So for me greece is a enormous black hole where the eu states has put in money since they became part of the eu and never changed anything.
The country suffers like many other tourist economy countries by lack of tourists but they have not done anything besides eating up others money.
I would not be suprised if the usd will pass the euro, all huge multinationals have their contracts made in dollars, these multinationals am complaining and pulling their puppets in every governement so now the big buyup will start which actually is absolute not needed at all.
My view is that the dollar will pass the euro after several huge buys from governement debts.

Well not really, Germany (65bln€), France (48bln€) and Italy (43bln€) are technically "helping" Greece with a huge amount of money, the Netherlands are exposed for a tiny amount compared to them, just 13.8bln€.
And however all this "we work, they are lazy" story is just propaganda, you can't really bring it in in a serious discussion because it's just not completely true.
hero member
Activity: 532
Merit: 500
April 12, 2015, 11:27:38 PM
Well that's not a good move, Eurozone economy and US economy are strictly bonded together, just look what happened in 2008.
If they are really bonded together, why the Eurozone start to QE and the US just quit QE and start to raise interest rates.
It seems there on the totally opposite direction.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
April 12, 2015, 09:49:36 PM
If Greece leaves the Euro zone, that would make the Euro stronger, and that may happen.

That's not likely to happen, I suspect what will happen is more countries like Switzerland who are fed up of footing the bill for countries like Greece will leave the Euro and as a result the euro zone will end up crashing because all you'll have then are countries left alone with massive debts that they don't intend to pay off.

Of course, the people they will blame are the countries that chose to leave instead of going along with their bullshit, they will likely also make the usual statements that leaving the euro zone is isolationism and so on and that the countries are just looking out for their own interests.

LoL switserland is not part of the EU, the countries paying for the greeks is done mostly by germany and the netherlands.
I pretty pissed about the way the greeks look at the mess they created themselfs
We in the netherlands have to work till 67 the greeks stop working at 55 another issue with the greeks is they hardly ever pay taxes.
So for me greece is a enormous black hole where the eu states has put in money since they became part of the eu and never changed anything.
The country suffers like many other tourist economy countries by lack of tourists but they have not done anything besides eating up others money.
I would not be suprised if the usd will pass the euro, all huge multinationals have their contracts made in dollars, these multinationals am complaining and pulling their puppets in every governement so now the big buyup will start which actually is absolute not needed at all.
My view is that the dollar will pass the euro after several huge buys from governement debts.
 

 
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 12, 2015, 09:33:56 PM

Well that's not a good move, Eurozone economy and US economy are strictly bonded together, just look what happened in 2008.

Yes so they will both sink relatively, however still the EU zone will sink faster, thus the EUR will get belowthe USD eventually
newbie
Activity: 56
Merit: 0
April 12, 2015, 07:28:02 PM
The biggest upcoming problem will be the uk referendum in 2017 about leaving the eu.
additionaly grexit + marine le pen as french president...

Gonna be stormy times for europe

europe will face tough years. something that was supposed to bring us wealth is now making us poorer than ever. we citizens can only hope for the best.

Hope is not enough. I recently opened a bank account outside the euro zone that allows me to hold USD balance.

I convert a certain amount of Euro's into USD just in case something bad happens with the Euro. I am prepared.

Well that's not a good move, Eurozone economy and US economy are strictly bonded together, just look what happened in 2008.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 12, 2015, 04:37:17 PM
If (Super) Mario Draghi thinks that the EUR is our common european toilet paper then i think 1 sheet of ordinary toilet paper will be above 100€ bill.

It's not that the dollar will be higher, everythink will be. They print money like crazy people
legendary
Activity: 2170
Merit: 1427
April 12, 2015, 04:10:07 PM
The biggest upcoming problem will be the uk referendum in 2017 about leaving the eu.
additionaly grexit + marine le pen as french president...

Gonna be stormy times for europe

europe will face tough years. something that was supposed to bring us wealth is now making us poorer than ever. we citizens can only hope for the best.

Hope is not enough. I recently opened a bank account outside the euro zone that allows me to hold USD balance.

I convert a certain amount of Euro's into USD just in case something bad happens with the Euro. I am prepared.
full member
Activity: 280
Merit: 100
April 12, 2015, 03:16:31 PM
Yeah central banks think we could see 0.9 by the end of this year.

hopefully not
legendary
Activity: 896
Merit: 1000
April 12, 2015, 02:06:49 PM
The biggest upcoming problem will be the uk referendum in 2017 about leaving the eu.
additionaly grexit + marine le pen as french president...

Gonna be stormy times for europe

europe will face tough years. something that was supposed to bring us wealth is now making us poorer than ever. we citizens can only hope for the best.
Pages:
Jump to: