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Topic: Europe in Crisis - page 5. (Read 9406 times)

legendary
Activity: 1232
Merit: 1000
December 24, 2015, 06:26:17 AM
It took hundreds of years, lives, hard work, toil and trouble for democracies to get where they are today and it takes just a few years for a
few politicians in said countries to undo everything and take them back to mediaeval times.

They give away their money, they do nothing about religions, culture and people that threaten their very existence and ban anyone for disagreeing.
They have had enough.

They actually give away other people's money that they have taken through taxes.  If they were giving away their own money, that would be one thing.   Smiley

The greatest good for the greatest number.
We have to assume that governments will work on that principle.
hero member
Activity: 672
Merit: 508
LOTEO
December 22, 2015, 02:51:59 PM
It took hundreds of years, lives, hard work, toil and trouble for democracies to get where they are today and it takes just a few years for a
few politicians in said countries to undo everything and take them back to mediaeval times.

They give away their money, they do nothing about religions, culture and people that threaten their very existence and ban anyone for disagreeing.
They have had enough.

They actually give away other people's money that they have taken through taxes.  If they were giving away their own money, that would be one thing.   Smiley
Exactly. Governments do not always spend money in the citizens best interest.
legendary
Activity: 4228
Merit: 1313
December 22, 2015, 09:10:46 AM
It took hundreds of years, lives, hard work, toil and trouble for democracies to get where they are today and it takes just a few years for a
few politicians in said countries to undo everything and take them back to mediaeval times.

They give away their money, they do nothing about religions, culture and people that threaten their very existence and ban anyone for disagreeing.
They have had enough.

They actually give away other people's money that they have taken through taxes.  If they were giving away their own money, that would be one thing.   Smiley
sr. member
Activity: 270
Merit: 250
December 22, 2015, 09:02:21 AM
Greece is a great tourists destination in Europe. Other than that hasn't contributed much for the prosperity of the EU.

But that applies to other South Countries such as Malta. Spain does not contribute much either. The biggest problem for Europe at the moment is the refugee crisis. That is caused by policies of the Northern Countries.
legendary
Activity: 2786
Merit: 1031
December 15, 2015, 04:01:13 PM
Euro devaluation is to increase exports and stimulate internal economy, Canada did the same thing with great results.
hero member
Activity: 714
Merit: 500
December 15, 2015, 03:18:34 PM
I think in a couple year euro will be big again it is always the same every year that they go bad than good.
For people in america is good, because if you go in the vacation in europa is cheaper.
legendary
Activity: 1540
Merit: 1003
December 15, 2015, 03:16:16 PM
I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

It hasn't reached the dollar yet. If it will it should be a clear sign that the union is dying.

The exchange rate has been dropped again but this is a sign that the currency of europe union is not good, maybe the Greece crisis affected directly the value of one euro.

It's been going downhill for a while:


The difference is not as large as it used to be:

1 EUR = 1.08732 USD
1 USD = 0.919691 EUR

I wonder if 1 EUR will be worth less than 1 USD in some years..
Great that you share with us this graph, we can see how much has been decreased the value of EUR, it will be worth less than 1USD soon in few years max.
tyz
legendary
Activity: 3360
Merit: 1533
December 15, 2015, 01:29:09 PM
This is the Economics forum section. Do your advertisement in the Services Announcement section instead of spamming this discussion.

Btw. there are dozens of services within to EU to exchange Euro for Bitcoin via SEPA easily.

Better sell all your EUR for BTC to hedge against this crash then.. That should be good for the price of BTC, imagine if everyone in Europe got scared of the Euro and bought BTC.

It is very convenient for EU residents to buy BTC with Euro.
They can make a deposit of any amount into Gatecoin Exchange (https://gatecoin.com) using SEPA transfer for FREE!

And if you register on Gatecoin using this link, you can get US$10 bonus after your first cash deposit:
https://www.gatecoin.com/register?referralCode=CINGGE
hero member
Activity: 672
Merit: 508
LOTEO
December 15, 2015, 12:43:14 PM
It took hundreds of years, lives, hard work, toil and trouble for democracies to get where they are today and it takes just a few years for a
few politicians in said countries to undo everything and take them back to mediaeval times.
Agree on this, but this is a trend we see both in Europe and North America.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
December 15, 2015, 12:03:38 PM
Greece is a great tourists destination in Europe. Other than that hasn't contributed much for the prosperity of the EU.

I've have to agree on this. Their culture it different then mainstream Europe. That's why they got problems in the first place. Though greece alone is not the problem, some other Eu coutnries got quite some debt too. Now we got some lunatic politicians who push their own agenda. So it was getting worse, but now with the extra cost for housing, education for refugees (which is good in a way, but also bad, since they good that also in neigbour countries), problems are getting way worser..
full member
Activity: 164
Merit: 100
December 15, 2015, 05:38:28 AM
It took hundreds of years, lives, hard work, toil and trouble for democracies to get where they are today and it takes just a few years for a
few politicians in said countries to undo everything and take them back to mediaeval times.

They give away their money, they do nothing about religions, culture and people that threaten their very existence and ban anyone for disagreeing.
They have had enough.
hero member
Activity: 700
Merit: 500
December 15, 2015, 04:16:24 AM
Europe has been completely shaken by the huge siege. I think that that is one of the main factors of their economy turning to crap.
legendary
Activity: 1792
Merit: 1283
December 15, 2015, 03:41:11 AM
Maybe Europe is now in crisis, but just give them a few years and the economy will be fine again.
Is like the other years in the pas the economy was also bad.

Wow!
Do you really believe what you're saying?
Not Europe is the problem.The EU is the problem!This thing will collapse sooner or later.I'd guess sooner.
We are already at a point where is not way back too good old or better times.Not for the folk, the average joes.
What is going on right now, what we see now is one last big deep breath and then this EU will die!
The EU is indeed the problem, not that I think the concept of the EU itself is bad, but the current form has been proven to be overly bureaucratic and inefficient.
I do think you're exaggerating though, I believe things will get fixed or otherwise they will see EU members leave.
hero member
Activity: 1022
Merit: 538
December 15, 2015, 03:21:48 AM
I see that EUR has been dropped recently and it is near to have the same value as dollar, the crisis affects directly the economy of europe countries and i think a little bit the bitcoin price.

Yeah. What has happened to the EUR. It has dropped a lot now. What crisis is going on?
sr. member
Activity: 350
Merit: 251
Shit, did I leave the stove on?
December 15, 2015, 03:09:40 AM
Greece is a great tourists destination in Europe. Other than that hasn't contributed much for the prosperity of the EU.
legendary
Activity: 3248
Merit: 1070
December 15, 2015, 02:49:03 AM
The problem is that the EU are wasting too much resources caring for the incoming refugees.

i agree that they should get rid of the weak country and leave only the strong one, if by refuges you mean that

those country are not contributing at all and they are only a dead weight for the euro

i want to know for example what greece has done until now to help the europe, besides sucking money for their huge debt?
hero member
Activity: 504
Merit: 500
December 14, 2015, 04:50:12 PM
#99
Europe has been in crisis for a long time and maybe since the german mark was converted to Euro
But after that the next 'crash' should considered the greece crisis which affected the whole eurozone
legendary
Activity: 896
Merit: 1000
December 14, 2015, 04:23:37 PM
#98
Maybe Europe is now in crisis, but just give them a few years and the economy will be fine again.
Is like the other years in the pas the economy was also bad.

Wow!
Do you really believe what you're saying?
Not Europe is the problem.The EU is the problem!This thing will collapse sooner or later.I'd guess sooner.
We are already at a point where is not way back too good old or better times.Not for the folk, the average joes.
What is going on right now, what we see now is one last big deep breath and then this EU will die!

i don't think europe will fail. some countries will, but i do think there will be a good solution to slowly make europe a strong continent again. at this point it may look bad, but every bad thing can be turned into a good one.
legendary
Activity: 1442
Merit: 1016
December 14, 2015, 01:40:35 PM
#97
Maybe Europe is now in crisis, but just give them a few years and the economy will be fine again.
Is like the other years in the pas the economy was also bad.

Wow!
Do you really believe what you're saying?
Not Europe is the problem.The EU is the problem!This thing will collapse sooner or later.I'd guess sooner.
We are already at a point where is not way back too good old or better times.Not for the folk, the average joes.
What is going on right now, what we see now is one last big deep breath and then this EU will die!
sr. member
Activity: 270
Merit: 250
December 14, 2015, 10:05:25 AM
#96
The problem is that the EU are wasting too much resources caring for the incoming refugees.

That influx of refugees was caused by the EU and Nato's policies. So it is EU's responsibility to accept those refugees.
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