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EU Politics - Hamsterwheel

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EU Politics - Hamsterwheel

Old 10th Jun 2012, 17:37
  #1421 (permalink)  
 
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Hello once again hellsbrink, so they let you out of "the cooler" huh?! Maybe another time boy, it's (this thread is) all for you...

For A Few Dollars More Ending - YouTube

Just one question boy. And whether or not Clint Eastwood was having a problem with his maths? Everyone assumes that he was counting in US$, but all those Spaghetti westerns were filmed in Europe, so maybe it was only in , lire or whatever...? All one can assume or be certain of, is that life was indeed very cheap back then in the '60s, whatever currency was being counted...?!

The rest of you "cut and paste" merchants, carry on...
hmm, and after that 'brilliant' post made in a moment of lucidity..



i don't see why Greece or Ireland, Italy or Portugal should be subjected to further demands from the EU if Spain gets 100bn without the same requirements. if anything then, the 100bn for spain would then entice the others to say, well screw you, we'll just default if you're going to play that game...

and why shouldn't they. they'll never be able to repay the, *ahem!* loans anyway...
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Old 10th Jun 2012, 18:40
  #1422 (permalink)  
 
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Well, SG, since the idea is that they will never pay back the loans so those in power in Brussels, etc, can forge ahead with their ideal of full political, fiscal and monetary union in what is now the Eurozone so they create a European Democratic Republic, then of course there will be no hope of the "debts" being paid off. You know it's going to be a case of "we bought you off, no you'll do what WE say". And that will be the aim even if it all comes crashing down, since they'll use the crisis as an excuse to Blitzkrieg their way to "prevent things getting worse".


As far as what Airship says, it's not worth commenting on. As usual.
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Old 10th Jun 2012, 20:31
  #1423 (permalink)  

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[quoteAfter a pre-lunch glass of wine, the solution has come to me:

ABOLISH MONEY !

Blindingly simple, isn't it. ][/quote]

After a post lunch, several bottles, I tend to agree with your former premise

Last edited by El Grifo; 10th Jun 2012 at 20:33.
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Old 10th Jun 2012, 20:34
  #1424 (permalink)  
 
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post lunch.. several bottles ??

details please, pictures are acceptable.
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Old 10th Jun 2012, 21:35
  #1425 (permalink)  
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Following his earlier announcement re the euro, I expect that Rajoy will now herald Spain's draw with Italy in the Euro 2012 as "A Great Victory for Spanish Football". Further announcements about the man with the funny hat living in the Vatican being Spanish and bears defecating in the Pyranees are expected shortly.
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Old 10th Jun 2012, 23:33
  #1426 (permalink)  

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Fin de semana. Normal !! No camera intended

Cuba Wednesday
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Old 11th Jun 2012, 11:14
  #1427 (permalink)  
 
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There isn't a brick wall long enough against which to stand politicians and allow a firing squad to get to work.
Perhaps a conveyor belt?
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Old 11th Jun 2012, 11:14
  #1428 (permalink)  
 
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Spanish debt crisis: 'fear of a bank freeze is palpable’ - Telegraph

Very worrying article about how some Spanish institutions are already limiting withdrawals - or have altered their rules so they have the power to do so.

OFSO's actions a couple of weeks ago really were prescient. Is it under the bed now O ?
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Old 11th Jun 2012, 11:22
  #1429 (permalink)  
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No, but I am !

Seriously, one wonders how much to keep at home in cash, given a suitable safe place. In terms of the crisis visible on the horizon - well, a bit nearer actually - and heading this way, what's a safe amount ? One months housekeeping, two, three ?

Bear in mind that in an hour we can be over the border and withdrawing via a French ATM (and of course the French banking system will never collapse, will it) we probably don't need too much.


Thread Drift: Catalunia North (i.e. France-over-the-border) voted 24.8% for Mme Le Pen.
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Old 11th Jun 2012, 11:33
  #1430 (permalink)  
 
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Withdrawing from a French ATM won't be possible if your funds are blocked by the ES bank as the French system has to obtain an authorisation before releasing the funds. However, I don't think it's going to be that bad.

Catalunia North (i.e. France-over-the-border) voted 24.8% for Mme Le Pen.
They're not stupid, they know which way the place is heading.
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Old 11th Jun 2012, 12:42
  #1431 (permalink)  
 
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When you buy your next mattress, will the size chosen depend on how much money you want to hide under it?
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Old 11th Jun 2012, 12:46
  #1432 (permalink)  
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However, I don't think it's going to be that bad.

Indeed, and in any case I wasn't talking about removing funds from a Spanish bank via a French ATM. The real money is on deposit with the Bank of PPRuNonia in Lagos.

(Who may have sent you the occasional e-mail in the past)

When you buy your next mattress

Vulcanised, are you b--- psychic ? Mrs OFSO was only this morning demanding a new and better mattress, which lead to words over the Special K at breakfast. Knowing the worth I assign to opinions of PPRuNe members (well, most of 'em) if she saw your comment I'd be scuppered. Not just a mattress, new beds, probably leading to need to redecorate bedroom, which would mean redecorating the passage leading to the bedrom...which involves the living room, and I'd have to ask the ECB for a loan.....

Last edited by OFSO; 11th Jun 2012 at 13:16.
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Old 11th Jun 2012, 13:00
  #1433 (permalink)  
 
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Protect your money.

MY DEAR FREND

I AM BUGONGA ADIGBO A CHRISTIANE FROM THE TOWN OF LAGOS NIGERIA. IN MY WORK AS ORDITOR FOR THE CNETRAL BANK OF NIGERIA I FOUND THAT THE DETAIL OF YOUR BANK ACCOUNT IN SPAIN IS COME TO MY DESK. THE FINANCIEL CRISES IN EUROPE MEANS THAT THE BANK OF SPAIN WILL BLOCK YOUR ACCOUNT AND YOU WILL NOT BE ABEL TO WITHDREW MONEY. I CAN ORRANGE FOR YOU TO TRANSFER YOUR FUNDS TO OUR BANK VIA WESTERN UNION BUT YOU MUST DO IT IN 5 DAYS FROM THIS DATE TODAY OR THEIR WILL NOT BE OTHER CHANCE TO PROTECT YOUR MONEY.


THIS IS A PURELY HONNIST PROPOSTION AND IS IN YOUR INTEREST I AM ACTING AS YOUR GOOD FRIEND IN TRUST.
I AM ALSO ACTING THIS SAME FOR THE PRESIDENT OF SPAIN WHO IS IN THE SAME PREDICKAMUNT AS YOURSELF.

GET BACK TO ME IN CONFIDENCE ON MY PRIVATE NUMBER + 234 801 579 8746 OR MY EMAIL
[email protected]

YOURS IN TRUST


BUGONGA ADIGBO
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Old 11th Jun 2012, 13:02
  #1434 (permalink)  
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Mr Rajoy apparently didn't read the small-print before he put pen to paper:

Spain told it will be under troika supervision | Reuters
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Old 11th Jun 2012, 14:16
  #1435 (permalink)  
 
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Well, dead pan, you're certainly right in respect of Rajoy's comments, but this whole agreement is "only in principle" so far with a loan "up to E 100 billion " as far as I understand, all the real detail will now be worked out as obviously the finance ministers who agreed this deal over the w/end wouldn't/couldn't get into that sort of detail.

The agencies charged with reporting on the cash needs of the banks report this afternoon, I think I read and negotiations will then start based on "real" numbers.

Seems to me to be a hell of an exercise to be completed during this week ( before the Greek elections ).

As everyone is saying, this is likely to embolden the Greek parties and voters who think they will be able to vote EURO- YES and CUTS- NO and get agreement on that.

Last edited by AlpineSkier; 11th Jun 2012 at 14:20.
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Old 11th Jun 2012, 16:43
  #1436 (permalink)  
 
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Well that's the first day's stock trading post-announcement more or less over and the end result is that all the gains have more or less disappeared. In fact the main Spanish index opened 6% up, but closed 0.6% down

I don't know if this represents rescue-fatigue or just good sense in that nothing apart from a willingness to do the deal has been agreed but it certainly doesn't constitute an overwhelming vote of confidence in the politicians ability to make it work.
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Old 11th Jun 2012, 19:06
  #1437 (permalink)  
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So 100bn Euros is the headline figure, which pretty much par for a ECB-IMF bailout. This presumably is to cover off the very worst of the banks' debts and/or recapitalise them. I wonder how much they really need?
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Old 11th Jun 2012, 19:26
  #1438 (permalink)  
 
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I think all the details of the "review" of the state of the Spanish banks isn't supposed to come out for another fortnight, but estimates have been running to the whole 100 billion just to prop the banks up.
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Old 11th Jun 2012, 21:11
  #1439 (permalink)  
 
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Wonder how much of that will go to paying the Spanish Bankers this years bonus,if it's owt like the UK they will be due one for saving the Banks surely?
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Old 11th Jun 2012, 21:46
  #1440 (permalink)  
 
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With the French parliamentary elections happening this coming weekend, I wonder if this reminder will have an effect on those swing voters, that in turn could benefit the Front National in gaining more representation.

Toulouse shooter's father files murder suit in Paris - FRANCE - FRANCE 24

We can only hope ! If Hollandes' lot get an absolute majority , France will be rapidly following Spain into the abyss .
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