Lithuania joins Euro-zone - page 2. | Bitcointalksearch.org

cryptocoiner

hero member

Activity: 602

Merit: 500

hyperboria - next internet

Quote from: Nemo1024 on January 02, 2015, 12:09:27 PM

That's what I call jumping onto the sinking ship at the last moment.

http://rt.com/business/219207-lithuania-join-eurozone-euro/

Quote

Lithuania has celebrated the New Year by joining the eurozone. The decision is country’s bid to boost stability despite inflation fears and euro zone debt troubles. However, according to a November poll about 40 percent of the population opposed the move.

Lithuanian Prime Minister Algirdas Butkevicius was withdrew his first 10 euro from Vilnius cash machine right after midnight January 1. The exchange rate is now set at one euro for 3.45 litas, the country’s old currency. Both litas and euros will circulate in the country till June.

One reader comment makes one think, with a minor correction that Germany is not really a free state, so the threads are leading deeper...

Quote

And so another piece in the 100-year-old German plan for 'Mitteleuropa' falls into place as Lithuania joins the Friedrich Naumann-inspired, German-dominated currency union designed to secure German domination of continental Europe "for all time". In September 1914 at the outbreak of WWI, the Kaiser's Chancellor, Theobald von Bethmann-Hollweg wrote: “Russia must be thrust back as far as possible from Germany's eastern frontier and her domination over non-Russian vassal peoples broken....We must create a central European economic association through common customs treaties to include France, Belgium, Holland, Denmark, Austria-Hungary, Poland and perhaps Italy, Sweden and Norway.... all its members will be formally equal but in practice will be under German leadership.....” Eastwards expansion and a German-dominated customs union and single currency area has been a stated German foreign policy aim for at least 100 years. It was put on ice by the Cold War. Now, with that conflict over and Germany re-unified, the policy is once more in the process of being realised - it's just that this time it suits the US to support it as they greatly fear a resurgent Russia capable of putting its own national interests before those of the globalised, corporatist elite.

Russia is a ship that sinking right now. Lithuania did right.

Nemo1024

legendary

Activity: 1680

Merit: 1014

History repeat from last year?
http://www.thecommentator.com/article/4521/latvians_overwhelmingly_oppose_joining_euro_but_will_do_so_anyway_on_jan_1

Quote

"Latvia will join the euro on 1 January but nearly 60 percent of Latvians oppose the single currency....Latvians have endured steep wage cuts, rather than Lat devaluation, as the government sought to get the country out of economic crisis while keeping on track to join the euro," it said..

Latvians were not allowed a referendum on joining the euro, since leading politicians were afraid the public would reject it. There is much public anger at what is going on (see picture of European flag being burned in protest at eurozone membership at the top of this report).

It is a matter of public record that the European Union has ignored unfavourable results in referendums on major European issues including in France and the Netherlands.

I would think that these countries, having been in the Soviet Union, would not be jumping into another union and further giving up their sovereignty by giving up their currency. Instead they did just that, and squandered their huge industrial and agricultural heritage of the Soviet era in the process.

He-he, one commentor in that article noticed just that:

Quote

lgrundy • a year ago

"Latvia will join the euro on 1 January but nearly 60 percent of Latvians oppose the single currency"
But I bet that's not how the BBC will be reporting things on 1 January. As I write this there is, no doubt, a crew of BBC staff, well into double figures, checking-in to a 5 star hotel in Riga ready to report with delight that another country has joined the euro.
Joyful Latvians will be interviewed on the streets about how much better life in Latvia will become now they have the euro and how this is a sign that Latvia is now 'free' again and how it has finally broken free from the Soviet Union [the irony of swapping Soviet Union rule for European Union rule will be lost on most of them].
Of course, I could be wrong and the BBC may lead on the headline that "the Latvian government has gone against the wishes of the Latvian people and has joined the euro without any democratic support for the change whatsoever" - or, then again, pigs might fly out of my ar**.

As a comparison, Norway stayed out - it had enough of the union with Sweden and a colony status under Denmark before that.

BitMos

full member

Activity: 182

Merit: 123

"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

you never saw the greek social graph... lol what a noob.

CyberSuzy

member

Activity: 70

Merit: 10

Whoever was out of Euro, paid much bigger cost at 2009 crisis.

BitMos

full member

Activity: 182

Merit: 123

"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

Dear Nemo, please don't tell me as a Russian fanboy you are afraid of Germany, or it's European annexed possession? It's just fucking pathetic... I explain you why and why the poster you quote is definitively wrong.

1. Corporation can't force you to buy or sell to or from them.
2. 40k and many installations that will not move.
3. Merkel is a Putin (I wanna stay until the end of time).
4. Deutsch Bank has sinned.

And the last one, is that once the kids of Siberia realize that by fighting against who ever, they concretely defend and protect the Motherland... no what ever german (or any national) in a conquer mode has a chance, time proofed, again and again.

But it's so cool for the political elite of Lithunia... they could have accumulated how many shitcoin they wanted (cbr printing), and then dump them to recycle in euro, to finally redump and move to the BTC. What a loot, perfectly executed, who is next to change currency, lot of $ to make

.

Nemo1024

legendary

Activity: 1680

Merit: 1014

That's what I call jumping onto the sinking ship at the last moment.

http://rt.com/business/219207-lithuania-join-eurozone-euro/

Quote

Lithuania has celebrated the New Year by joining the eurozone. The decision is country’s bid to boost stability despite inflation fears and euro zone debt troubles. However, according to a November poll about 40 percent of the population opposed the move.

Lithuanian Prime Minister Algirdas Butkevicius was withdrew his first 10 euro from Vilnius cash machine right after midnight January 1. The exchange rate is now set at one euro for 3.45 litas, the country’s old currency. Both litas and euros will circulate in the country till June.

One reader comment makes one think, with a minor correction that Germany is not really a free state, so the threads are leading deeper...

Quote

And so another piece in the 100-year-old German plan for 'Mitteleuropa' falls into place as Lithuania joins the Friedrich Naumann-inspired, German-dominated currency union designed to secure German domination of continental Europe "for all time". In September 1914 at the outbreak of WWI, the Kaiser's Chancellor, Theobald von Bethmann-Hollweg wrote: “Russia must be thrust back as far as possible from Germany's eastern frontier and her domination over non-Russian vassal peoples broken....We must create a central European economic association through common customs treaties to include France, Belgium, Holland, Denmark, Austria-Hungary, Poland and perhaps Italy, Sweden and Norway.... all its members will be formally equal but in practice will be under German leadership.....” Eastwards expansion and a German-dominated customs union and single currency area has been a stated German foreign policy aim for at least 100 years. It was put on ice by the Cold War. Now, with that conflict over and Germany re-unified, the policy is once more in the process of being realised - it's just that this time it suits the US to support it as they greatly fear a resurgent Russia capable of putting its own national interests before those of the globalised, corporatist elite.

Topic: Lithuania joins Euro-zone - page 2. (Read 1828 times)