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Thread: Is the Euro currency on its way out?

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    Question Is the Euro currency on its way out?

    With all the shait going on in Europe, do you think our currency is on it's way out? I personally feel, ECB has to print more dosh and devalue it, too much pride for them to pull the plug on the euro,but you just never know. Whats you take on thing?

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    hd7055 (19-07-11), ryder (19-07-11)

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    Quote Originally Posted by SR71 View Post
    With all the shait going on in Europe, do you think our currency is on it's way out? I personally feel, ECB has to print more dosh and devalue it, too much pride for them to pull the plug on the euro,but you just never know. Whats you take on thing?
    The Euro will not be allowed to fail, politically it would be unacceptable. The Germans still remember the War and they should .

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    Quote Originally Posted by SR71 View Post
    With all the shait going on in Europe, do you think our currency is on it's way out? I personally feel, ECB has to print more dosh and devalue it, too much pride for them to pull the plug on the euro,but you just never know. Whats you take on thing?
    mate of mine said that we will all be back to the bartering of days of olde if things keep going the way they are.

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    If Ireland came out of the Euro we will have a weak currency all mortgages are in Euro lent from banks all over the gaff that use Euro and a seriously devalued "new currency" would be the death of us all

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    Quote Originally Posted by SR71 View Post
    With all the shait going on in Europe, do you think our currency is on it's way out? I personally feel, ECB has to print more dosh and devalue it, too much pride for them to pull the plug on the euro,but you just never know. Whats you take on thing?

    Yeah, I was wondering that too? Is the Euro on it's way out? And if so, I better spend all my disposable income. On ladeez of course!!! Sure what other purpose is money for!!!!

    Women will always get it from you! Might as well get shagged senseless in return!!!
    "Don't be reckless with other people’s hearts. Don't put up with people who are reckless with yours"

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    Quote Originally Posted by Dub Lad View Post
    If Ireland came out of the Euro we will have a weak currency all mortgages are in Euro lent from banks all over the gaff that use Euro and a seriously devalued "new currency" would be the death of us all
    Yea,but they are thinking of asking Greece to leave Euro until it sorts itself out. From my view 120 billion to be paid back by a country,which relies heavily on tourism,will not be able to cut it. Not a hope in hell!

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    Things are bad at the moment and its impossible to know what will happen to the Euro.You cant believe what the media is saying.To all you thrifty Escorts out there I recommend you convert your hard earned money into Sterling or the currency of your home country. Or if you like you can post it to me and I promise to invest it wisely (on other Escorts)

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    I don't imagine that the Euro is going anywhere, at least not anytime soon. As was said, it would simply be an impossible move politically speaking for it to outright abandoned. There's the possibility, maybe, that Greece might go back to the Draekma, as they technically didn't meet the original conditions to be allowed into the Eurozone to begin with. As for the move being disasterous, I have to completely agree. Any country that would switch back to their old currency, whether they did so willfully or by being thrown out, the currency would be seriously devalued to the point where it wouldn't be good for anything other than toilet roll!

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    Quote Originally Posted by ryder View Post
    Things are bad at the moment and its impossible to know what will happen to the Euro.You cant believe what the media is saying.To all you thrifty Escorts out there I recommend you convert your hard earned money into Sterling or the currency of your home country. Or if you like you can post it to me and I promise to invest it wisely (on other Escorts)
    Yes,can't believe what the media is saying, but the boys in the ECB should start attacking the rating agencies and speculators,its those boys who are bringing the roof down on Europe! Imagine about 10-20 in those organizations can do so much harm to Europe.

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    Here's how I see it panning out.

    Greece will be ejected from the euro, possibly Ireland and Portugal too. When it eventually becomes apparent that Italy and Spain can't stand on their own, the big boys (Germany, France) will pull out of the euro leaving everyone else to sink with a worthless currency.

    Possibly this'll lead to war in Europe, who knows. This is a very serious situation and I think no possible outcome should be discounted.

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