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Just got in from work, read this and my heart is swelling and my tin foil hat is spinning with joy !!

The answer to your question malt. His anti English views and hatred of those down south, he would rather face uncertainty And jump in bed with Europe than continue with the union. The mans a f*****g a

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you never would of expected a war in yugoslasvia,history has a way of reapeating it self , i suppose some sort of trade war or internet sabotage is more likely,one thing is yould never get the same calibre of men as you did in the last war,lazy fuckers wouldnt get out of bed to fight

 

To be honest, i think most folk with some kind of clue at the time, very much expected a war in the former yugoslavia.

 

But i concur that i would rather hve them on my side, well the bosnians anyway, than the brits. I've played paintball against yugoslavians in a bombed out sarajevo tower block, it got emotional, it hurt.

:icon_eek: you would rather have bosnian's on your side over brit's because you have played paintball with them

 

No mate, i would rather have the bosnians 30-40 year olds i know on my side in a fire fight than the 30-40 year olds that i know / meet in britian. . . . . why?

 

Because the bosnians i know spent a fair while fighting a very nasty war, in both urban and rural surroundings and can all handle a range of weapons and survive in a brutal warzone, with no back up, no government and no commands, where as the brits are real good on the x box. . . . . .

 

The paintball thing was just meant to be funny, but seriously, dont play paint ball against a load of ex guerilla soldiers, and think that you will have a chance of winning and walking away un-bruised haha.

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Fook knows why we are bailing out a currencey we aint even part of.

Let the Jerrys bail the fookers out, they are the European power house and in the Mickey mouse club.

 

Good lad, see as far as the end of your nose.

 

What do you think will happen to the UK ecomony IF the Euro goes down?

 

I will give you a clue, the fan The hit will shit, rearrange those into a sentence and you're there.

 

If you think the UK will be unaffected you're deluding yourself.

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Whats wrong JG will it be your lot next who need bailing out ?

Where does it all stop ?

Like i say the Jerrys are doing Ok ,let them fookers bail you lot out.

Those in the Euro should pull it out of the shite.

Or at least take the biggest bite of the shit Pie.

 

Oh dear, you really haven't been paying attention have you :laugh:

 

You've not answered my question, my guess is because you can't :)

 

Love to be proved wrong though.

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You happily do business with Euro Disney as you call it. Therefore, thankfully, those who can in your country see the value in not throwing petrol onto a fire, unlike yourself it seems.

 

Apart from the Euro, perhaps you should go investigate the cost of your public/civil service, have fun paying their pensions by the way. Oh also take a look at the cost of your military adventures, there's another humdinger :)

 

Your attitude stinks, but is unsurprising. One thing I will enjoy if the house comes down is the reaction if people like you, you will get exactly what you've been looking for, and I hope you enjoy it :bye: There's more than enough bad news to go around, and unlike what you seem to think, it will be global, not European.

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If they give us the vote on Europe tomorrow we would be out , , the European adventure created to stop further conflict between European nations is doomed to fail , the common market can prevail , pyramid economics doomed from the start

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John, without wishing to hijack the thread have you considered the implications of 'the house falling down'?

I spend my days waiting for the moment that it does :laugh:

Let's all stop moaning about who's better off and who's to blame, and realise that we are still playing the banks games by worrying about the stock markets when in actual fact around 90% of 'money' simply doesn't exist.

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JG i think we have contributed enough already to something we are not part of.

Of course we will keep trading with europe as we will the rest of the world.

That dont mean we are obliged to keep throwing money we dont have to something that looks like it will fail no matter what.

 

Europe should of stayed as it was, every country with its own currencey, tradeing between one another.

 

But No you's had to follow the pipe dream of a few Greedy eurocrats wanting to challange the dollar for their own ends.

 

Looks like its failed unless the Country that has gained the most from the euro bailes yous out, ie Germany.

 

Cameron wants to hold his nerve and let Merkel know that its down to them to sort out the euro mess.

 

They have the means , make em use it.

 

What you're not getting is this, you're exposed to the contagion as much as any Euro member country.

 

That is precisely why the UK loaned Ireland 7bn, because the UK was exposed to Ireland's problems.

 

It is arse covering, for entirely selfish, and entirely understandable reasons. Think of it like your neighbours house is on fire, what do you do? Sit in and watch Emmerdale or try to help put out his fire to stop it spreading to your gaff.

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John, without wishing to hijack the thread have you considered the implications of 'the house falling down'?

I spend my days waiting for the moment that it does :laugh:

Let's all stop moaning about who's better off and who's to blame, and realise that we are still playing the banks games by worrying about the stock markets when in actual fact around 90% of 'money' simply doesn't exist.

 

There are many scenarios, none good.

 

Say if Greece jumped ship. They reintroduce the Drachma or whatever, which get's massively devalued. Yet their debts to Euro countries remain in Euro currency. So you have a currency worth say 10 times less, with the same debts. Their in the shit now, things can always get worse. The markets would gut that country while moving onto Spain and gambling on that country to cause further instability.

 

The trick is to do a deal with Greece, stabilise the entire situation THEN implement proper rules within the currency. A good idea would also be to forumlate an exit plan for countries who wish to, which by all accounts the majority of the Greek people don't.

 

If the entire thing collapses, well, it's crystal ball time. Global recession at best, prolonged depression at worst. Not fun.

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You's enjoyed the years of the Celtic Tiger now you's will have to pay the piper.

Like i say we have gave billions to try and save the euro, something we are not part of although we are in the EU.

Enough is enough, help yourselfes and Germany should be doing more, much more.

Then if it fails, revert back to National currenceys and start again.

 

Sorry, it's not as simple as just starting again. You've said above, pay the piper, we are. But reverting to national currencies will have the bill spiral out of control in relation to where it is now. The markets will see to that, they prey on instability, and make their money by gambling against the weaker looking animals in the herd.

 

I never enjoyed the Celtic Tiger, neither did I ever vote for any party who was in Govt at the time. It was a fake thing built on a foundation of quicksand so a few rich people could become richer. European finance ministers warned a previous Irish Finance minister in the early 00's he was on the road to ruin with his "When I have it, I'll spend it" type policies and overheating the property market.

 

It's the same thing as the country you're enjoying right now being a result of Labour policies :thumbs:

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John, without wishing to hijack the thread have you considered the implications of 'the house falling down'?

I spend my days waiting for the moment that it does :laugh:

Let's all stop moaning about who's better off and who's to blame, and realise that we are still playing the banks games by worrying about the stock markets when in actual fact around 90% of 'money' simply doesn't exist.

 

There are many scenarios, none good.

 

Say if Greece jumped ship. They reintroduce the Drachma or whatever, which get's massively devalued. Yet their debts to Euro countries remain in Euro currency. So you have a currency worth say 10 times less, with the same debts. Their in the shit now, things can always get worse. The markets would gut that country while moving onto Spain and gambling on that country to cause further instability.

 

The trick is to do a deal with Greece, stabilise the entire situation THEN implement proper rules within the currency. A good idea would also be to forumlate an exit plan for countries who wish to, which by all accounts the majority of the Greek people don't.

 

If the entire thing collapses, well, it's crystal ball time. Global recession at best, prolonged depression at worst. Not fun.

 

My point was this - we operate on the 'Fractional Reserve' banking model, which means that a bank only has to have 10% of the credit it can create. So if I had £10, I could lend you £100, meaning £90 has been written into existence by your signature.

This is how countries and corporations operate also.

As a nation, you'd think we print our own currency. Not so, as we borrow it from banks, with interest :blink:

So if we start with £0, and borrow £5000 for the nation, we have to pay back, for example, £5500. The extra £500 must be made in order to repay the loan, so instead of creating our own money we are taking massive gambles and, as evidenced by the objective facts, have no way of paying it back!

So, IMO, all this talk of AAA credit ratings, 'growth stimulation', and the rest of the seemingly innocent statements about how we are going to repay a private company's debts have absolutely no bearing on reality.

I have a copy of a letter from the Bank of England (I'd upload it but can't on a phone), with a response to a question from a curious individual.

The question went along the lines of, ''Since the gold standard has been effectively abolished, what does Mervyn King mean by his promise 'I promise to pay the bearer on demand the sum of' ? What will I be paid in?''

The answer said ''Banknotes have no intrinsic worth, but are accepted for value.''

In other words, this mess we find ourselves in is because we accept it, pure and simple. We allow the banks to dictate every aspect of our lives, from laws to technology, it all revolves around private companies playing 'Risk' on a computer. And we all bend over, because 'it's the done thing and if we were to question it we'd look stupid'.

I'm not losing any sleep over the risky strategies employed by frankly criminal organisations, I couldn't give two hoots and that's the honest truth. Then again, most are content to where they are in life and would rather it continue, a lot like one of those semi-pleasant dreams you can't be arsed to wake up from :D

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How much more do you want Germany to bail them out? They just gave 110 million away. Not to mention the last bail out.

Yes the Germans want it to work, but there not just them in this union.

It's an I'll thought out pipe dream who somehow managed to convince nations to turn it onto a reality, now it's just a shambles. The recession just made its Demise come sooner, Abd when it does we will all suffer the after affects, some harder than others, but it will eventually balance out. Who knows it might be the fresh start that's needed.

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John, without wishing to hijack the thread have you considered the implications of 'the house falling down'?

I spend my days waiting for the moment that it does :laugh:

Let's all stop moaning about who's better off and who's to blame, and realise that we are still playing the banks games by worrying about the stock markets when in actual fact around 90% of 'money' simply doesn't exist.

 

There are many scenarios, none good.

 

Say if Greece jumped ship. They reintroduce the Drachma or whatever, which get's massively devalued. Yet their debts to Euro countries remain in Euro currency. So you have a currency worth say 10 times less, with the same debts. Their in the shit now, things can always get worse. The markets would gut that country while moving onto Spain and gambling on that country to cause further instability.

 

The trick is to do a deal with Greece, stabilise the entire situation THEN implement proper rules within the currency. A good idea would also be to forumlate an exit plan for countries who wish to, which by all accounts the majority of the Greek people don't.

 

If the entire thing collapses, well, it's crystal ball time. Global recession at best, prolonged depression at worst. Not fun.

 

My point was this - we operate on the 'Fractional Reserve' banking model, which means that a bank only has to have 10% of the credit it can create. So if I had £10, I could lend you £100, meaning £90 has been written into existence by your signature.

This is how countries and corporations operate also.

As a nation, you'd think we print our own currency. Not so, as we borrow it from banks, with interest :blink:

So if we start with £0, and borrow £5000 for the nation, we have to pay back, for example, £5500. The extra £500 must be made in order to repay the loan, so instead of creating our own money we are taking massive gambles and, as evidenced by the objective facts, have no way of paying it back!

So, IMO, all this talk of AAA credit ratings, 'growth stimulation', and the rest of the seemingly innocent statements about how we are going to repay a private company's debts have absolutely no bearing on reality.

I have a copy of a letter from the Bank of England (I'd upload it but can't on a phone), with a response to a question from a curious individual.

The question went along the lines of, ''Since the gold standard has been effectively abolished, what does Mervyn King mean by his promise 'I promise to pay the bearer on demand the sum of' ? What will I be paid in?''

The answer said ''Banknotes have no intrinsic worth, but are accepted for value.''

In other words, this mess we find ourselves in is because we accept it, pure and simple. We allow the banks to dictate every aspect of our lives, from laws to technology, it all revolves around private companies playing 'Risk' on a computer. And we all bend over, because 'it's the done thing and if we were to question it we'd look stupid'.

I'm not losing any sleep over the risky strategies employed by frankly criminal organisations, I couldn't give two hoots and that's the honest truth. Then again, most are content to where they are in life and would rather it continue, a lot like one of those semi-pleasant dreams you can't be arsed to wake up from :D

 

Going away from the Gold standard was a mistake IMO. I did hear an in depth discussion on it a while back but can't remember enough about it to contribute much about it. I think it was done, basically to make more money, as gold is a finite resource (and in a huge bubble at the moment).

 

I don't agree with the type of profiteering in todays world frankly. However, I and a lot of other people do stand to lose a lot if things go bad. I'd prefer to see that not happen. I'd also, genuinely, like for the UK to have a vote on EU membership entirely and be done with it.

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It is arse covering, for entirely selfish, and entirely understandable reasons. Think of it like your neighbours house is on fire, what do you do? Sit in and watch Emmerdale or try to help put out his fire to stop it spreading to your gaff.

 

Using your scenario John...

 

Our house is beyond repair IMO, so after I'd made sure my family was safe, I'd happily sit outside with a beer and watch the f****r burn down so I could rebuilt it next time on more stable, solid foundations!

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John, without wishing to hijack the thread have you considered the implications of 'the house falling down'?

I spend my days waiting for the moment that it does :laugh:

Let's all stop moaning about who's better off and who's to blame, and realise that we are still playing the banks games by worrying about the stock markets when in actual fact around 90% of 'money' simply doesn't exist.

 

There are many scenarios, none good.

 

Say if Greece jumped ship. They reintroduce the Drachma or whatever, which get's massively devalued. Yet their debts to Euro countries remain in Euro currency. So you have a currency worth say 10 times less, with the same debts. Their in the shit now, things can always get worse. The markets would gut that country while moving onto Spain and gambling on that country to cause further instability.

 

The trick is to do a deal with Greece, stabilise the entire situation THEN implement proper rules within the currency. A good idea would also be to forumlate an exit plan for countries who wish to, which by all accounts the majority of the Greek people don't.

 

If the entire thing collapses, well, it's crystal ball time. Global recession at best, prolonged depression at worst. Not fun.

 

My point was this - we operate on the 'Fractional Reserve' banking model, which means that a bank only has to have 10% of the credit it can create. So if I had £10, I could lend you £100, meaning £90 has been written into existence by your signature.

This is how countries and corporations operate also.

As a nation, you'd think we print our own currency. Not so, as we borrow it from banks, with interest :blink:

So if we start with £0, and borrow £5000 for the nation, we have to pay back, for example, £5500. The extra £500 must be made in order to repay the loan, so instead of creating our own money we are taking massive gambles and, as evidenced by the objective facts, have no way of paying it back!

So, IMO, all this talk of AAA credit ratings, 'growth stimulation', and the rest of the seemingly innocent statements about how we are going to repay a private company's debts have absolutely no bearing on reality.

I have a copy of a letter from the Bank of England (I'd upload it but can't on a phone), with a response to a question from a curious individual.

The question went along the lines of, ''Since the gold standard has been effectively abolished, what does Mervyn King mean by his promise 'I promise to pay the bearer on demand the sum of' ? What will I be paid in?''

The answer said ''Banknotes have no intrinsic worth, but are accepted for value.''

In other words, this mess we find ourselves in is because we accept it, pure and simple. We allow the banks to dictate every aspect of our lives, from laws to technology, it all revolves around private companies playing 'Risk' on a computer. And we all bend over, because 'it's the done thing and if we were to question it we'd look stupid'.

I'm not losing any sleep over the risky strategies employed by frankly criminal organisations, I couldn't give two hoots and that's the honest truth. Then again, most are content to where they are in life and would rather it continue, a lot like one of those semi-pleasant dreams you can't be arsed to wake up from :D

 

Going away from the Gold standard was a mistake IMO. I did hear an in depth discussion on it a while back but can't remember enough about it to contribute much about it. I think it was done, basically to make more money, as gold is a finite resource (and in a huge bubble at the moment).

 

I don't agree with the type of profiteering in todays world frankly. However, I and a lot of other people do stand to lose a lot if things go bad. I'd prefer to see that not happen. I'd also, genuinely, like for the UK to have a vote on EU membership entirely and be done with it.

 

:thumbs: It's not a lot to ask is it, letting the majority have a say once in a while? In a democracy :icon_eek:

I think we all know it's about to hit the fan, personally I think we are all going to make sacrifices no matter what.

Option A is to ignore the facts and carry on struggling, option B is to truly have a fresh start, with the majority deciding what is important to them after being presented with the objective facts.

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