Euro very weak

[Genie in a Bottle]

No one knows what way it will go, if we did we would be rich people,we are all just speculating here, I don't believe the Euro will collapse though,

[Young Banger]

If Scotland had went independent, it would have put the Sterling currency in turmoil, it way too strong now and doesn't help the country's economy but as always Ireland will stick by its closest neighbour.

[Phoenixdays]

Spend all your Euros before our new law is on the books whenever.

[Chez]

Euro slightly stronger this morning I heard

[Curvaceous Kate]

That's why the shrewd girls are heading to Belfast from South , charging 80 sterling in Belfast is the same as getting 100+ Euro !!!!

Good news for us up here lovely ladies

Actually it's currently 72p to the euro at the moment, which doesn't convert so well this way. Guess where I'm driving to later?

[Lucy Chambers]

No one knows what way it will go, if we did we would be rich people,we are all just speculating here, I don't believe the Euro will collapse though,

Well...the people who are buying gold certainly seem to If three countries or more cease using euro there will be no parity at all between members, forcing anyone with a larger economy to reassess to save their own economy. After all, this isn't utopia.

[Genie in a Bottle]

Well...the people who are buying gold certainly seem to If three countries or more cease using euro there will be no parity at all between members, forcing anyone with a larger economy to reassess to save their own economy. After all, this isn't utopia.

IF that is still speculation lucy and people always bought gold.

[Genie in a Bottle]

Actually it's currently 72p to the euro at the moment, which doesn't convert so well this way. Guess where I'm driving to later?

76p Euro to sterling in local de change about 1 hour ago, where you getting those rates

[Irish Leigha]

Plus it's warm, and we get paid more. See you in QLD Leigh :
X

Right back at ya sheixy lady

[redone7010]

This has nothing to do with England, my opinion is based on what I've seen working across the eurozone. I believe the euro has weakened the economies it is used in.



Precisely.




It isn't enough to justify signing your life away to the ECB. You go on holiday roughly once a year, what about the other 50 weeks?

Ireland, Spain and Portugals problems are due to "bubbles" in their economy (ours was building) Greece`s problem is that their economy was always a basket case and to qualify for membership of the euro they cooked the books. The problem with the rest of the euro zone is simply the worldwide recession. UK and USA printed more money making their currencies weaker against the euro, thus reducing the price of their exports and raising the price of imports. The Ecb are now doing likewise, but it`s too little, and probably too late.
Ireland is borrowing money because we are not collecting enough tax to run the state. if we opt out and go back to the punt under that scenario, not only will the punt deflate massively against other currencies, our ability to borrow will be either zero, or at crippling rates.
At things stand, opting out isn`t even a viable alternative