When/if the euro crashes

spagboll

Do you think this country has a plan B?

by common sense I think we should have a secret stockpile of Irish currency, so if the euro crashes we can have a rapid transition

Geekness1234

spagboll wrote: »

Do you think this country has a plan B?

by common sense I think we should have a secret stockpile of Irish currency, so if the euro crashes we can have a rapid transition

No,not at all.Central bank as far as I know exchange Irish pounds for euro so they might have some left over.But I highly doubt that and the euro going under.

spagboll

I'd bet my house on it (mortgage included)

astrofool

Crashes compared to what? USD, GBP and YEN are all under as much debt as the euro, China wants a weak currency. Switzerland will intervene if the CHF goes too high.

thebman

Don't think there is a plan b, there wasn't for the property crash and that was much more certain than the Euro crashing.

femur61

Enda siad a long time ago there was no time B. May have one now but last year he siad there was none.

Dirk Gently

femur61 wrote: »

Enda siad a long time ago there was no time B. May have one now but last year he siad there was none.

You're suppose to say that until plan A fails, otherwise plan A will fail.

ei.sdraob

There is a Plan A?
There is me thinking the european politicians are like a pack of rabbits in headlights of oncoming train loaded with all those cans they kicked down the track

getz

the euro as we know it is finished,the most likely outcome is probably a core euro,that has germany,austria,finland,and the benelux countries in it,you would have to have france in there for political reasons,even though economically they wouldent come up to the mark precisely-and maybe sweden,then you would have a core euro, a then you create the institutions to govern the euro,

Crazy Horse 6

No. Our leaders are to narrow minded to have a plan B.

johnnyskeleton

getz wrote: »

the euro as we know it is finished,the most likely outcome is probably a core euro,that has germany,austria,finland,and the benelux countries in it,you would have to have france in there for political reasons,even though economically they wouldent come up to the mark precisely-and maybe sweden,then you would have a core euro, a then you create the institutions to govern the euro,

what is the basis of this view? Why is the euro finished?

getz

johnnyskeleton wrote: »

what is the basis of this view? Why is the euro finished?

all the worlds leading experts,google up has the euro finished ,and you find your answer,

listermint

getz wrote: »

all the worlds leading experts,google up has the euro finished ,and you find your answer,

That must make is so then, I wonder what wiki has on it :rolleyes:


Must take my punts out of their picture frame.....

McTigs

Just googled "euro finished" there.

Of the top four results, two were zerohedge and two were the telegraph lol

After that it went to various rubbish

andrew

If there was a plan B, that would imply that the government didn't have much faith in plan A (stay in the euro). In a currency union, commitment to the currency has to be absolute, or else it won't be stable.

Scofflaw

OK - this is actually yet another "they're secretly reprinting the punt!" thread, in slight disguise.

At this stage I'm beginning to wonder who benefits from spreading this one. Wealth management funds, perhaps?

moderately,
Scofflaw