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Thread: Sweden pro-euro stance growing.

  1. #1
    Politics.ie Regular Ramon21's Avatar
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    Sweden pro-euro stance growing.

    The swedish are starting to like the euro more and more.

    1 year ago:
    52% agains - 35% for

    now:
    43% agains - 42% for


    Soon we will have another country in the biggest economic power in the world.
    Still, even as the investor consensus ravages the euro, it's worth remembering that the same herd instinct not long ago was pronouncing last rites for the dollar. Last year, as China's central bank chief called for a new global currency and Russian central bankers dumped greenbacks to buy euros, many saw the dollar's decline as inevitable. Now, the dollar is riding high, and the euro looks bedraggled.

    "Views might change very quickly"

  2. #2
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    theyre joining china ?

  3. #3
    Politics.ie Regular Ramon21's Avatar
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    Quote Originally Posted by constitutionus View Post
    theyre joining china ?
    1: euro-zone
    2: usa
    3: china

    so china is nothing!
    Still, even as the investor consensus ravages the euro, it's worth remembering that the same herd instinct not long ago was pronouncing last rites for the dollar. Last year, as China's central bank chief called for a new global currency and Russian central bankers dumped greenbacks to buy euros, many saw the dollar's decline as inevitable. Now, the dollar is riding high, and the euro looks bedraggled.

    "Views might change very quickly"

  4. #4
    Politics.ie Member FutureTaoiseach's Avatar
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    Still no side ahead.

  5. #5
    Politics.ie Regular sauntersplash's Avatar
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    Quote Originally Posted by Ramon21 View Post

    Soon we will have another country in the biggest economic power in the world.
    Very insightful analysis. I hadn't realised that the point was to get as many as you can.
    "Well, while I'm here, I'll do the work - and what's the work? To ease the pain of living. Everything else, drunken dumbshow." - Allen Ginsberg Memory Gardens

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    Quote Originally Posted by Ramon21 View Post
    The swedish are starting to like the euro more and more.

    1 year ago:
    52% agains - 35% for

    now:
    43% agains - 42% for


    Soon we will have another country in the biggest economic power in the world.
    As are the Danes, who opted out at the launch.

  7. #7
    Politics.ie Member FutureTaoiseach's Avatar
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    You can't read anything into this. In 2000, the Danish yes side began with a 2-1 lead and it lost 53-47. One problem for the Swedish yes side is that the ECB is already providing liquidity loans to Swedish banks thus undermining a key argument for joining.
    Last edited by FutureTaoiseach; 23rd June 2009 at 05:22 PM.

  8. #8
    Politics.ie Regular Interista's Avatar
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    Not surprising. The Danish and Swedish kroner have both lost a lot of value in the last years/months. And of course there is he spectre of the Icelandic kroner to haunt them too.

  9. #9
    Politics.ie Member FutureTaoiseach's Avatar
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    Quote Originally Posted by Interista View Post
    Not surprising. The Danish and Swedish kroner have both lost a lot of value in the last years/months. And of course there is he spectre of the Icelandic kroner to haunt them too.
    It's not really comparable. In any case, the weaker Danish/Swedish currencies help exporters maintain competitiveness.

  10. #10
    Politics.ie Regular forest's Avatar
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    well some one some where is very confused
    You can buy a euro coin collection book in easons
    The idea is you collect all the coins of each member state

    The have just updated and Latvia is included as eurozone country
    With their coints

    "We know what to do, we just dont know how to get elected afterwards" Jean-Claude Juncker on how to fix the European economy

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