The future of the Euro and EU.

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Originally Posted by 555-04Q2

Is that such a bad thing? The world has been living beyond its means, governed by a few greedy people. Maybe its time for a change?

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It is indeed time for a change. But the pain we will all have to suffer to facilitate that change is gonna hurt.

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Originally Posted by SGWilko

It is indeed time for a change. But the pain we will all have to suffer to facilitate that change is gonna hurt.

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No pain.....no gain! :)

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Originally Posted by 555-04Q2

No pain.....no gain! :)

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:laugh: Spoken like a fitness instructor!

:laugh: :up:

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Originally Posted by SGWilko

It is indeed time for a change. But the pain we will all have to suffer to facilitate that change is gonna hurt.

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Forcing people to take responsibility for their own lives is like getting stitches.....Yea its gonna hurt but consider the alternative.

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Originally Posted by anthonyvop

Forcing people to take responsibility for their own lives is like getting stitches.....Yea its gonna hurt but consider the alternative.

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Wot? Not getting stitches? :confused:

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Originally Posted by Rollo

In Australia there is a compulsory 9% of people's wages paid into Superannuation Funds. What it's meant is a tremendous source of capital has been created (about A$ 1 trillion), but there has also been an equally tremendous opportunity to cream off 1% of that in Fund Management fees.

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The Superannuation Fund sounds very simmilar to our Social Security program. Again, I am very much against FORCING anyone into a system, particularly when corruption and mismanagement are so readily apparent as is the case with the Superannuation Fund and Social Secuity.

Thought you might appreciate a quick overview of economics in the Euro Zone.

Some years ago a small rural town in Spain twinned with a similar town in Greece. The Mayor of the Greek town visited the Spanish town. When he saw the palatial mansion belonging to the Spanish mayor he wondered how he could afford such a house. The Spaniard said; "You see that bridge over there? The EU gave us a grant to build a two-lane bridge, but by building a single lane bridge with traffic lights at either end this house could be built".

The following year the Spaniard visited the Greek town. He was simply amazed at the Greek Mayor's house, gold taps, marble floors, it was marvellous. When he asked how this could be afforded the Greek said; "You see that bridge over there?" The Spaniard replied; "No."

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Originally Posted by 555-04Q2

Is that such a bad thing? The world has been living beyond its means, governed by a few greedy people. Maybe its time for a change?

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When YOUR business is affected your opinion will change. :rolleyes:

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Originally Posted by DexDexter

When YOUR business is affected your opinion will change. :rolleyes:

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Yes of course, but my business is progressive and adapts with the times and changes. I have made double the money during the current world recession (2008 - now) than I did in the 3 years before. I just picked up the slack from other companies that liquidated and found new avenues of business to pursue. There is always business out there, some people bother to go out and find it, the rest close down and bitch about it being someone else's fault.

As I said, the weak make way for the strong.