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Topic: Europe in Crisis - page 8. (Read 9406 times)

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
December 06, 2015, 12:30:15 PM
#55

Yes. The population in Euro zone is increasing year after year. But the resources are depleted very fast. It is not sustainable.
The population is not increasing by birthrate but rather by constant flow of economic immigrants.  And it is not like Europe natural resources were on a brink of depletion.
Europe can carry on for many, many more year. What is problematic, however, is current EU council stupid politics, it is like they know that they are wrong, but still doing it regardless.

What like having one court that can overpower ANY other court in Europe! And they expect people to stick with this?
legendary
Activity: 1862
Merit: 1004
December 06, 2015, 12:08:15 PM
#54

Yes. The population in Euro zone is increasing year after year. But the resources are depleted very fast. It is not sustainable.
The population is not increasing by birthrate but rather by constant flow of economic immigrants.  And it is not like Europe natural resources were on a brink of depletion.
Europe can carry on for many, many more year. What is problematic, however, is current EU council stupid politics, it is like they know that they are wrong, but still doing it regardless.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
December 06, 2015, 11:30:17 AM
#53
If the European Union and the Euro Zone collapse sometime in the near future, then that will be entirely due to their own mistakes. They are going to accept millions of economic migrants every year, which is likely to cost them more than € 100 billion per year from 2017 onward. Also, they have picked up unnecessary fights with countries such as Russia, causing havoc in the agricultural sector.

Yes. The population in Euro zone is increasing year after year. But the resources are depleted very fast. It is not sustainable.

The expansion of the EU in 2004 put in a lot of strain on the founding members, such as the United Kingdom, France and Germany. Even now, the Eastern nations (Poland, Bulgaria, Romania, Slovakia.etc) are heavily dependent upon the Western members for funds, jobs, subsidies.etc. And on top of that, now they have to deal with the additional burden of economic migrants from countries such as Pakistan and Egypt.

I know that German, The UK and France have a larger population when compared with the rest of Europe. In 2008, according to an exam board in the UK, there were 740 million people in Europe. And there were also around 70 million people in the UK. Meaning that the UK's population was around 10% of the population of Europe!
There should possibly be a main EU and one that is split into two, as if there is a financial collapse in a richer country such as the UK, France and Germany, they would need more money to become financially stable again. Whereas, countries like Slovakia would need less as there are only ~20 million people in that country.
legendary
Activity: 3766
Merit: 1217
December 06, 2015, 10:25:47 AM
#52
If the European Union and the Euro Zone collapse sometime in the near future, then that will be entirely due to their own mistakes. They are going to accept millions of economic migrants every year, which is likely to cost them more than € 100 billion per year from 2017 onward. Also, they have picked up unnecessary fights with countries such as Russia, causing havoc in the agricultural sector.

Yes. The population in Euro zone is increasing year after year. But the resources are depleted very fast. It is not sustainable.

The expansion of the EU in 2004 put in a lot of strain on the founding members, such as the United Kingdom, France and Germany. Even now, the Eastern nations (Poland, Bulgaria, Romania, Slovakia.etc) are heavily dependent upon the Western members for funds, jobs, subsidies.etc. And on top of that, now they have to deal with the additional burden of economic migrants from countries such as Pakistan and Egypt.
full member
Activity: 210
Merit: 100
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December 06, 2015, 10:22:29 AM
#51
There will always be financial crisis, that's the way I see it. Nothing will ever be solved and once one problem has been solved there's another waiting around the corner.

That's just how today's economics and market works. There's always an issue because people want to make more and more money.
hero member
Activity: 868
Merit: 535
December 06, 2015, 09:43:41 AM
#50
If the European Union and the Euro Zone collapse sometime in the near future, then that will be entirely due to their own mistakes. They are going to accept millions of economic migrants every year, which is likely to cost them more than € 100 billion per year from 2017 onward. Also, they have picked up unnecessary fights with countries such as Russia, causing havoc in the agricultural sector.

Yes. The population in Euro zone is increasing year after year. But the resources are depleted very fast. It is not sustainable.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
December 06, 2015, 09:12:13 AM
#49
Th EU is in big trouble. It would fall to the largest countries to sort this out, especially countries like Germany and France. The EU is quite unstable and it seems they have issue every few years. So just like in life it is the richest people who get to push their weight around and Germany and France have the most to gain. Smaller countries should be helped especially Greece as they simply do not have the resources to police their borders.

They allow anyone to join and sign their treaty in order to join. The EU high court still has to agree to it but they haven't stopped many countries. This means that many "poorer" countries were accepted into the EU, causing problems to it. (as the population of these countries could travel from a poorer country to a richer country for a better quality of life!)
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
December 06, 2015, 09:05:43 AM
#48
There is report  of independent european economist saying if EU zone will continue his financial policy EU will crash in 2017

Today  Carl Hainz Juncker said if Schengen will fail  Euro will  crash,like a answer is we have to stop defend Schengen we need to focus to defend Euro

Both Schengen zone and Euro  are to biggest EU project,Euro cant exist without Schengen

EU is not able to deal with refugee crisis,  Caltalonia  independence,terrorism,Ukraine and Russia,Greece,Italy

so looks like some crash on horizon

I estimate there will be a financial crash in Europe before them. Aparently, according to The Bank Of England that seems to "shock test" banks in England. It suggessts that they could be able to cope with another financial crisis without the government buying them again! Not sure about the rest of Europe though!

Not sure why the EU still exists. Ther eis another treaty that allows freedome of movement throughout Europe and some other countries, as they have signed up to it. The EU is more of financial insurance for its coundries, which, North Western Europe doesn't need this.
newbie
Activity: 31
Merit: 0
December 06, 2015, 09:01:15 AM
#47
Th EU is in big trouble. It would fall to the largest countries to sort this out, especially countries like Germany and France. The EU is quite unstable and it seems they have issue every few years. So just like in life it is the richest people who get to push their weight around and Germany and France have the most to gain. Smaller countries should be helped especially Greece as they simply do not have the resources to police their borders.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 06, 2015, 02:17:35 AM
#46
This refugee crisis is causing a lot of problems now for member states and Greece has been threatened to be kicked out of the Schengen zone if they don't sort their refugee crisis out..but it's not Greece's fault because Greece is a Peninsula and most of it is surrounded by water..It is way too expensive to man all the seas..it's not like you can build a wall like other countries are doing to kick them out..and one wrong move with Turkey and there could be a war in the region..so Greece is very vulnerable from all sides..It needs a lot more support financially and otherwise to secure its borders from this influx..Plus there has to be something done about all the people traffickers and mobsters and only Turkey can deal with that..and it too needs some financial assistance and WILL POWER to be willing to deal with the people smugglers..
legendary
Activity: 3766
Merit: 1217
December 05, 2015, 10:38:14 PM
#45
If the European Union and the Euro Zone collapse sometime in the near future, then that will be entirely due to their own mistakes. They are going to accept millions of economic migrants every year, which is likely to cost them more than € 100 billion per year from 2017 onward. Also, they have picked up unnecessary fights with countries such as Russia, causing havoc in the agricultural sector.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
December 05, 2015, 07:58:02 PM
#44
There is report  of independent european economist saying if EU zone will continue his financial policy EU will crash in 2017

Today  Carl Hainz Juncker said if Schengen will fail  Euro will  crash,like a answer is we have to stop defend Schengen we need to focus to defend Euro

Both Schengen zone and Euro  are to biggest EU project,Euro cant exist without Schengen

EU is not able to deal with refugee crisis,  Caltalonia  independence,terrorism,Ukraine and Russia,Greece,Italy

so looks like some crash on horizon

EU can deal with both it's borders and refugee crisis, but it sometimes seams to me like they don't want to. They keep on making
same dumb mistakes, and the refugee free invite was just the last one. Before that they kept pumping money into Greece like there's no tomorrow.
I hope EUR devaluates, it will surely bring crypto to some more exposure that it deserves.
hero member
Activity: 770
Merit: 509
December 05, 2015, 07:08:38 PM
#43
Euro may not fail but the value it has in the past will have a long jorney to recover against others currencies as dollars,and pounds,the fact is that euro should be only at Germany and France the creators of those bulshit .... now all countries facing financial problems,it took some time to achieve the current situation,Portugal joined into 2004 and well around 10 years with euro and the prices doubled and well we are away from when we had our own coin thanks for make us get into no where .

All those problem can help the adoption of bitcoin into main stream. Although it will take many years. With bitcoin, the money issued is fixed. So business can plan ahead. We do not know how much money will central bank print next month.

Bitcoin's price is too unstable, I don't think mainstream business are going to take the risk of jumping in the Bitcoin ecosystem. Most of the usual stuff will remain fiat for as long as possible because they like the idea of waking up to a price that is more or less the same. This is actually the reason of why there is a lot of money to be made into Bitcoin, because most people aren't going to jump in just yet.
member
Activity: 268
Merit: 10
December 05, 2015, 03:18:24 PM
#42
Euro may not fail but the value it has in the past will have a long jorney to recover against others currencies as dollars,and pounds,the fact is that euro should be only at Germany and France the creators of those bulshit .... now all countries facing financial problems,it took some time to achieve the current situation,Portugal joined into 2004 and well around 10 years with euro and the prices doubled and well we are away from when we had our own coin thanks for make us get into no where .

All those problem can help the adoption of bitcoin into main stream. Although it will take many years. With bitcoin, the money issued is fixed. So business can plan ahead. We do not know how much money will central bank print next month.
hero member
Activity: 560
Merit: 500
December 05, 2015, 02:57:06 PM
#41
Euro may not fail but the value it has in the past will have a long jorney to recover against others currencies as dollars,and pounds,the fact is that euro should be only at Germany and France the creators of those bulshit .... now all countries facing financial problems,it took some time to achieve the current situation,Portugal joined into 2004 and well around 10 years with euro and the prices doubled and well we are away from when we had our own coin thanks for make us get into no where .
sr. member
Activity: 574
Merit: 250
In XEM we trust
December 05, 2015, 04:32:35 AM
#40
European Central bank charges commercial banks 0.3% interest for depositing money with it. The reason for commercial banks depositing with Central bank is that those banks cannot find good place to earn interest. But ECB also continue large scale of QE, flushing the market with extra cash. This will devalue Euro.
The whole monetary system is based on inflation which will devalue Euro. Some Swiss commercial banks have issued negative interest rates to large holders just to say we're pretty much fucked.
hero member
Activity: 756
Merit: 501
December 05, 2015, 04:24:35 AM
#39
European Central bank charges commercial banks 0.3% interest for depositing money with it. The reason for commercial banks depositing with Central bank is that those banks cannot find good place to earn interest. But ECB also continue large scale of QE, flushing the market with extra cash. This will devalue Euro.
full member
Activity: 121
Merit: 100
December 04, 2015, 07:35:39 PM
#38
I completely agree with this.

The EU is actually fighting for its survival, actually more the euro. It really was a bad idea from the start to adopt the Euro. The different countries of Europe have vastly different strengths and weaknesses. It was good that the UK held back on the Euro otherwise it too would be spending a lot of cash to support failing countries such as Greece.

Only time will tell how things will end, But it looks like it is Germany and France are in charge and the best position to benefit from this.



I think it is not that black and white.

To me if the Uk would distance them more from the EU it will be a bigger catastrophe.

The immigrants problem can be huge in the future though.
This crisis show us how inept and blind are political classes of EU. They know exactly that everything is leading to bad conclusion, but instead they decide to not taking any actions as silently watch how EU is going to be destroyed from the inside. Politicans like Jean-Claude Juncker or Tusk are muppets, every single one in high EU council are bureaucrats without slight idea how to act against real world dangers.
hero member
Activity: 560
Merit: 500
December 04, 2015, 03:31:18 PM
#37
I think it is not that black and white.

To me if the Uk would distance them more from the EU it will be a bigger catastrophe.

The immigrants problem can be huge in the future though.
This crisis show us how inept and blind are political classes of EU. They know exactly that everything is leading to bad conclusion, but instead they decide to not taking any actions as silently watch how EU is going to be destroyed from the inside. Politicans like Jean-Claude Juncker or Tusk are muppets, every single one in high EU council are bureaucrats without slight idea how to act against real world dangers.

One big thing is besides EU countrys there world stoped to grow almost.Bad management and the money that politicians gets to run the country is amazing  how they had done and made the country be where it is now ,facing a lot problems related to money in the past most of the countries with own currencie were better,soo these project is just making some ,Germany and France get something,Greece shows pretty well how the euro is vulnerable,and the pression to dont let them out is even amazing.Till when the EU will try to hide and keep countries that has big issues to fix instead to say hey i will loan you again a bit more ,soo readjust the way your country is being managed.
legendary
Activity: 1400
Merit: 1001
December 04, 2015, 01:44:20 PM
#36
I think it is not that black and white.

To me if the Uk would distance them more from the EU it will be a bigger catastrophe.

The immigrants problem can be huge in the future though.
This crisis show us how inept and blind are political classes of EU. They know exactly that everything is leading to bad conclusion, but instead they decide to not taking any actions as silently watch how EU is going to be destroyed from the inside. Politicans like Jean-Claude Juncker or Tusk are muppets, every single one in high EU council are bureaucrats without slight idea how to act against real world dangers.
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