Are we about to have a massive economic crisis?

"we are doooooomed"
fraiser.gif
 
the big bankers can do what they like with this fiat currency we have.

its all planned anyway. one world government and currency next stop.
 
the big bankers can do what they like with this fiat currency we have.

its all planned anyway. one world government and currency next stop.

I don't mean this as a personal attack, more of an observation really, but I think you're tremendously unhinged. Do you believe what you write (or even read it, actually) or do you do it for the lulz? Genuine question :)
 
[FnG]magnolia;16507362 said:
I don't mean this as a personal attack, more of an observation really, but I think you're tremendously unhinged. Do you believe what you write (or even read it, actually) or do you do it for the lulz? Genuine question :)

i am unhinged
 
Yeah! We should go with the Australian Dollar...

What currency do you propose as neither the euro or the US Dollar are any good at the moment either.

If we join another currency we will lose all monetary control.
Without monetary control we will be in a worse situation to face our budget deficit.
 
If we join another currency we will lose all monetary control.
Without monetary control we will be in a worse situation to face our budget deficit.

Exactly, that's what I was aiming towards. The last year or so should be a perfect reason for not joining a single currency.
 
Yeah! We should go with the Australian Dollar...

What currency do you propose as neither the euro or the US Dollar are any good at the moment either.

Probably back into the CZK.

I moved from the CZK to GBP as I am planning to move to the uk however the pound has since dropped 10% against the CZK so it may be worth moving my savings back until the the fallout of the election settles.

However there are some good buys on the LSE at the moment.
 
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Probably back into the CZK. (I did think about JYP also)

I moved from the CZK to GBP as I am planning to move to the uk however the pound has since dropped 10% against the CZK so it may be worth moving back until the the fallout of the election settles.

A currency which is stronger than other currencies isn't necessary a better currency! Can harm the economy as makes exports more expensive, making UK businesses less competitive.
 
Problem with the Euro is that, if a country **** up which we are seeing with Greece that its in the best interests of every country in the Euro to support said falling country, could the IMF/EU really support Ireland, Portugal, Greece and Spain?

Germany and France can only bail out one or two. One will have to fail like like the banks etc. failed.
 
A currency which is stronger than other currencies isn't necessary a better currency! Can harm the economy as makes exports more expensive, making UK businesses less competitive.

That I understand, and in my honest opinion I think the CZK should not be sitting at 27 to 30 to against the GBP it should be closer to 45. It’s just stupid that the would allow it to go from 55CZK/GBP to 27CZK/GBP in a few years.

What I was saying is that the pound is likely to fall over the next few weeks so I may think about moving money out of the pound to a currency I feel more secure in.
 
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