Abandon Ship, She's going down

[Craig McInerney]

What is the feasibility of accepting bailout provisions, then removing ourselves from the Eurozone, while still remaining a member of the E.U.

Would it fly with our European counterparts or would we be drafting our European death warrant.

[The_Big_Fellow]

What is the feasibility of accepting bailout provisions, then removing ourselves from the Eurozone, while still remaining a member of the E.U.

Would it fly with our European counterparts or would we be singing our European death warrant.

I personally think they would be glad to see us go, a wedge of set up money and goodbye.

I personally cannot see how the Euro is going to last, they only thing that it has going for it, is that it is such a large currency and there is a lot of political will behind it. From a market point of view it would be the equivalent of shooting ArchDuke Ferdinand, an event that would re-order the world.

Honestly people have to step back and say what has the Euro going for it, there is not a whole lot. The inflexibility it allows individual economies is coupled with the inflexibility and chaos of its management. It is really gone beyond a joke.

The Euro is a political creation, but exists in a monetary world. One has a vision, the other looks at hard facts, both are many miles apart.

[jimmyfour]

The Euro is a political creation, but exists in a monetary world. One has a vision, the other looks at hard facts, both are many miles apart.

The EA16 (Eurozone) is the third largest economy on the planet and if based on per population, would be larger than the US. It is only slightly behind the US in actual terms, with the EU27 being number 1. The US and EA16 are closer in terms of GDP than the US is to the EU27 which is way out ahead - and has over half a billion in population.

The euro is not going anywhere and is here to stay as long as the EA core coutries want it; jingoistic protectionism has failed. Ireland could leave the euro tomorrow and so could Greece and so could Portugal and Italy - and the eurozone would STILL be almost as large as the US economy on its own as the EA16 not even including the others in the EU27.

What a bunch of idiots. The euro had to drop. When the the UK£ crashed faster, and more, no one seemed to be suggesting the pound was finished. Therefore, these suggestions about the euro only seem to be coming from english-speaking UK-focussed press. The usual plan from the UK: divide and conquer as much as possible. Someone from Downing Street probably called Sarkozy to ask why was Merkel getting all the attention recently, just to stir the pot.

[Oreo Livermore]

The EA16 (Eurozone) is the third largest economy on the planet and if based on per population, would be larger than the US. It is only slightly behind the US in actual terms, with the EU27 being number 1. The US and EA16 are closer in terms of GDP than the US is to the EU27 which is way out ahead - and has over half a billion in population.

The euro is not going anywhere and is here to stay as long as the EA core coutries want it; jingoistic protectionism has failed. Ireland could leave the euro tomorrow and so could Greece and so could Portugal and Italy - and the eurozone would STILL be almost as large as the US economy on its own as the EA16 not even including the others in the EU27.

What a bunch of idiots. The euro had to drop. When the the UK£ crashed faster, and more, no one seemed to be suggesting the pound was finished. Therefore, these suggestions about the euro only seem to be coming from english-speaking UK-focussed press. The usual plan from the UK: divide and conquer as much as possible. Someone from Downing Street probably called Sarkozy to ask why was Merkel getting all the attention recently, just to stir the pot.

Or of course it could have been some one from Sociate Generale


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