The future of the Euro and EU.

Quote:

---

Originally Posted by Knock-on

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."

---

Amusing. But you do realise those bridges are paid for by EU funds, and not "Euro Zone" funds right? You know that EU to which the UK contributes 57 billion each year.

Quote:

---

Originally Posted by 555-04Q2

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.

---

In my world the strong take care of the weak.

Quote:

---

Originally Posted by DexDexter

In my world the strong take care of the weak.

---

We live in the same world. Take care of elderly people.....yes. Take care of children.....yes. Help sick people.....yes. Help people who run bad businesses.....no.

Almost 7 years ago I started a small sideline business that assists people who want to start a company, market their company, plan etc etc. They get this service for FREE and it costs me a bit of bob every year, but I see it as a better way of giving back to my community than handing out free food at a soup stand that leaves the recipients hungry again the next day. But thats just me!

Back on topic...The Euro Zone can sort itself out if it really wants to, the questions is do the politicians and governments of the Euro Zone have the resolve to do it? I'm sceptical at the moment.

Quote:

---

Originally Posted by Lousada

Amusing. But you do realise those bridges are paid for by EU funds, and not "Euro Zone" funds right? You know that EU to which the UK contributes 57 billion each year.

---

57 billion Zimbabwean dollars is actually just pocket change ;)

Quote:

---

Originally Posted by 555-04Q2

57 billion Zimbabwean dollars is actually just pocket change ;)

---

When it was abandoned, 1 US$ was the equivalent of 669,000,000,000 Z$ so a mere 57bn Z$ was hardly even pocket change :laugh:

You can buy a $100 Trillion note for a few US$ as a keepsake :D

http://jjttjj.com/zimbabwe-dollars/p...lars-front.jpg

:laugh: Monopoly money is worth more :p :

I have an almost overwhelming desire to raise my little finger to my lips and yell ONE HUNDRED TRILLION DOLLARS!

I'd just like to take a taxi in Harare and ask the driver if he can break a $100,000,000,000,000 note :D

Quote:

---

Originally Posted by DexDexter

I don't think anyone really cares about the Greeks,that's not the reason measures are being taken. They're trying to protect other countries and basically the whole world economy from a serious downturn.

---

:up:
It took 55 posts for someone to come up with the real reason why Greeks are being saved even though they do not deserve it one bit.

Quote:

---

Originally Posted by Valve Bounce

This is so true. Talk here is that it could affect Australia's economy. I think the only guy to end up not suffering any economic fallout is China.

---

False. If their markets go down the drain China will go down the same way.