Will the Euro crash?

[gzagee]

Well, the Germans have said the Greeks need to show they'll make good on the bailout money before they agree to give it to them but, with the Spanish and Portuguese wanting to give Greece the funds already (in the hope it will smooth the process when they eventually need a bailout) what are the chances Greece does default and cause a Euro meltdown?

And I mean a proper meltdown, not the Lehmans Brothers sh*t, i'm talking a real crisis.

Britain alone exports 65% of its goods to Europe, the US are well tied in, if it does go tits up we could well be in for some very very very hard times.

Makes you wonder; were the Eurosceptics right after all?

[Leody]

I fear its more systemic than just the Euro or just Greece...

We are in for some hard times, be it the Euro crashing, or the dollar or whatever, we are living in a bubble and have been for some time now. There will be something that tips it all off and takes the blame, but it will just be the straw that breaks the camels back. For decades we've been replacing one economic bubble with another and eventually you need to pay the piper. When that day will come is anybody's guess.

[shamrock11]

we can just make more money

[Git]

Exhange rate will be amazing. We'd be able to afford Messi.

[Leody]

we can just make more money

No... you can't, it isn't that simple mate. That just causes inflation.

[ThereIsBearCüm]

we can just make more money

No... you can't, it isn't that simple mate. That just causes inflation.

the missus once suggested printing more money as a way to solve everyone's problems
ahhh, bless

[Leody]

we can just make more money

No... you can't, it isn't that simple mate. That just causes inflation.

the missus once suggested printing more money as a way to solve everyone's problems
ahhh, bless

if only it was that easy!

No kidding.

[gzagee]

I was reading a blog site and one of the conspiracies, if you want to call it that, is that if things do continue down this road the end result could be WW3.

[Zedie]

I was reading a blog site and one of the conspiracies, if you want to call it that, is that if things do continue down this road the end result could be WW3.

I might lease a Ferrari for a while if thats the case.

[Leody]

I wouldn't consider that out of the question. Look at the riots in Greece already, and that's just the tip of the iceberg.

3 years ago we were talking about the global housing crisis, since then we dumped the bags of economic shit on a couple of companies and sunk them, combined some banks together and made the problem even less secure, had no meaningful reforms and did little to fix the real problem. We are just kicking the can down the road, and making the pain we are going to feel later that much worse.

If it all comes crashing down, IF, it will cause some major chaos.

[TRA Dial Square]

WW3 Soon, correlating w/ the "End of the world" in 16 months time?

*Shiver*

[shamrock11]

we can just make more money

No... you can't, it isn't that simple mate. That just causes inflation.

I know mate im kidding

[Leody]

we can just make more money

No... you can't, it isn't that simple mate. That just causes inflation.

I know mate im kidding

There will be no kidding on this forum. Nothing but seriousness.

Sadly, our government thinks they can. Now they just dream up a fancy name because everybody knows how stupid what they're doing is. (Quantitative Easing)

[liam_cork]

to big to fail imo

[Leody]

to big to fail imo

The ship has sunk, no need to jump on board and go down with it IMO.

Unfortunately the US and England are going to help out through the IMF.