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How Ireland Will Destroy the Euro

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Old 4th October 2008
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Default How Ireland Will Destroy the Euro

Hugh Hendry on CNBC comments that Ireland may now destroy the Euro in 5 years.

He states "McDonalds (The Burger chain) has greater integrity than Ireland now"

How Ireland Will Destroy the Euro - Economy * Europe * News * Story - CNBC.com

(I'll have a Big Mac with Fries please!)
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Old 4th October 2008
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Quote:
Originally Posted by Mr B View Post
Hugh Hendry on CNBC comments that Ireland may now destroy the Euro in 5 years.

He states "McDonalds (The Burger chain) has greater integrity than Ireland now"

How Ireland Will Destroy the Euro - Economy * Europe * News * Story - CNBC.com

(I'll have a Big Mac with Fries please!)
What the actual article says is:

Quote:
McDonalds has got less chance of going bust than the British government
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Old 4th October 2008
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So when will we be shown the door?
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Old 4th October 2008
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After Lisbon II ?
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Old 4th October 2008
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Vote NO NON NIET to Lisbon II !
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Old 4th October 2008
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Quote:
Originally Posted by Mr B View Post
Hugh Hendry on CNBC comments that Ireland may now destroy the Euro in 5 years.

He states "McDonalds (The Burger chain) has greater integrity than Ireland now"

How Ireland Will Destroy the Euro - Economy * Europe * News * Story - CNBC.com

(I'll have a Big Mac with Fries please!)
That's a big... vague, isn't it?
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Old 4th October 2008
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Quote:
Originally Posted by fiannafuddy View Post
What the actual article says is:
If you play the video at time 1:35 he does say McDonalds Integrity, robustness ..... is more credible than Ireland
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Old 4th October 2008
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Back to the farming then it will be for us all!

Well for those of us who still have farms and land and didnt cash in to the great FF land grab!
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Old 4th October 2008
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Quote:
Originally Posted by Mr B View Post
If you play the video at time 1:35 he does say McDonalds Integrity, robustness ..... is more credible than Ireland
He also says that McDonalds has greater credibility than the UK. And he's basing it on what he claims are the current CDS costs for all of these entities (debt). As to why, this would even lead to the downfall of the Euro, he didn't actually offer an explanation for that at all. So, I'm not sure I'd pay too much heed to what he is saying.
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Old 4th October 2008
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Quote:
Originally Posted by Mr B View Post
Hugh Hendry on CNBC comments that Ireland may now destroy the Euro in 5 years.

He states "McDonalds (The Burger chain) has greater integrity than Ireland now"

How Ireland Will Destroy the Euro - Economy * Europe * News * Story - CNBC.com

(I'll have a Big Mac with Fries please!)
Hilarious that those promoting Lisbon and scaremongering about how much damage voting no will do, have now in their haste single handedly put our relationship with the EU in more precarious a position than ever before.
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