Euro Coins

[josie 8]

I accept that there are different views on this, but what I find difficult to swallow are the two Edwards, Millibandwagon and Balls (a short description as much as a name), saying that they would have done 'better for Britain' than DC on Thursday night. Though never actually offering a single alternative strategy. It's much the same with Nick 'have you got a job for me Dave' Clegg. Over the last few months the ardent Europhiles have discovered that their pan-European dream is about as workable as a beachwear business at the north pole and frankly have nowhere to hide their embarrassment.

As i said, let the people of the UK decide instead of the muppets who have been in power for the last 20 years or more, they're all as bad as one another, but as you can see, even opinion on here is divided, so i guess it would be a tight vote.

Poll?

Just a comment.

Dont know for now whose cornering or encircling who GB Mint,BOE,IMF or rest of Commonwealth single currencies or Commonwealth central bank???,USA mint,federal reserve,EU mints and central banks and ECB and whose currency weigh most,Ill go to sterling there weight in it.

Edited December 11, 2011 by josie

[declanwmagee 122]

Don't be surprised if some quite serious people are talking about a World Currency and a World Central Bank in 12 months time.

Be afraid.

[josie 8]

Don't be surprised if some quite serious people are talking about a World Currency and a World Central Bank in 12 months time.

Be afraid.

Give to where the credit is due.

World Currency,World Central Bank,World single Stock Market???

In low grade metal coins,and Fiat banknote IOU.

What a time in this world.

Edited December 11, 2011 by josie

[Rob 3,152]

I accept that there are different views on this, but what I find difficult to swallow are the two Edwards, Millibandwagon and Balls (a short description as much as a name), saying that they would have done 'better for Britain' than DC on Thursday night. Though never actually offering a single alternative strategy. It's much the same with Nick 'have you got a job for me Dave' Clegg. Over the last few months the ardent Europhiles have discovered that their pan-European dream is about as workable as a beachwear business at the north pole and frankly have nowhere to hide their embarrassment.

I accept that recycling is good for the economy, but is it really sensible to recycle a nearly 300 year business idea. The South Sea Company fiasco whereby excess government debt was injected into a company that had trading rights but did not trade but merely had a share price that moved up and down with investor confidence at a time when much of Europe was equally suffering from investment bubbles with impractical or very dodgy schemes, or the company that invested in something so good and potentially valuable that they didn't want to divulge what it was. So Messr. Milliband and Balls, we know the name of the company directors, but what is your business plan? I think we should be told, but if it is too good to be true we shall take some good investment advice and accept that if it seems too good to be true, it probably is. Like sheep, investors piled into the 18th century schemes, and like the current situation got badly burnt when it all went t**s up. It doesn't matter whether you invest in an unviable private business or an unviable national economy, the monetary losses are in the same currency and potentially anything up to 100%. Vive la difference.

Confidence is only going to be restored when we have clarity going forward which has a good chance of success. Leaving the EU to mismanage Europe isn't one of them, nor is a 600bn euro sticking plaster going to cover a 2 trillion euro hole. It has to have credibility to have any hope of achieving its goals and if mere words from politicians was enough the problem would have been solved before it began.

Edited December 11, 2011 by Rob

[Peckris 579]

I accept that there are different views on this, but what I find difficult to swallow are the two Edwards, Millibandwagon and Balls (a short description as much as a name), saying that they would have done 'better for Britain' than DC on Thursday night. Though never actually offering a single alternative strategy. It's much the same with Nick 'have you got a job for me Dave' Clegg. Over the last few months the ardent Europhiles have discovered that their pan-European dream is about as workable as a beachwear business at the north pole and frankly have nowhere to hide their embarrassment.

As it's the first real (pending) collapse in over 50 years of a Common Market, that's not a bad achievement. It's rather funny watching The Pied Piper of Rothermere calling the tune for the Little Englander Europhobes scurrying out from their various landfill sites, all ready to canonise David Cameron for being a dodgy second-hand imitation of Maggie Thatcher.

[Accumulator 52]

I accept that there are different views on this, but what I find difficult to swallow are the two Edwards, Millibandwagon and Balls (a short description as much as a name), saying that they would have done 'better for Britain' than DC on Thursday night. Though never actually offering a single alternative strategy. It's much the same with Nick 'have you got a job for me Dave' Clegg. Over the last few months the ardent Europhiles have discovered that their pan-European dream is about as workable as a beachwear business at the north pole and frankly have nowhere to hide their embarrassment.

As it's the first real (pending) collapse in over 50 years of a Common Market, that's not a bad achievement. It's rather funny watching The Pied Piper of Rothermere calling the tune for the Little Englander Europhobes scurrying out from their various landfill sites, all ready to canonise David Cameron for being a dodgy second-hand imitation of Maggie Thatcher.

That's like saying, "as it's the first real collapse of the Eiffel Tower in over 50 years, that's not a bad achievement"! :D

Edited December 11, 2011 by Accumulator

[Peckris 579]

I accept that there are different views on this, but what I find difficult to swallow are the two Edwards, Millibandwagon and Balls (a short description as much as a name), saying that they would have done 'better for Britain' than DC on Thursday night. Though never actually offering a single alternative strategy. It's much the same with Nick 'have you got a job for me Dave' Clegg. Over the last few months the ardent Europhiles have discovered that their pan-European dream is about as workable as a beachwear business at the north pole and frankly have nowhere to hide their embarrassment.

As it's the first real (pending) collapse in over 50 years of a Common Market, that's not a bad achievement. It's rather funny watching The Pied Piper of Rothermere calling the tune for the Little Englander Europhobes scurrying out from their various landfill sites, all ready to canonise David Cameron for being a dodgy second-hand imitation of Maggie Thatcher.

That's like saying, "as it's the first real collapse of the Eiffel Tower in over 50 years, that's not a bad achievement"! :D

Yes, but the Eiffel Tower is a single unified design consisting of components from a single source ...

It would be nearer the mark to say that after 39 days on the waters, Noah's Ark experienced its first killing of one animal by another...

[Generic Lad 25]

Don't be surprised if some quite serious people are talking about a World Currency and a World Central Bank in 12 months time.

Be afraid.

To be honest, I think that a world currency in this time is quite unlikely. If there is one thing that this Euro crisis should tell us it is to not trust your neighbors and that the only real stability is stability that you can control. Rather than looking at individual bonds and individual nations to see their risk factors, banks and funds managers blindly viewed all EU bonds as being top notch. Whoops.

If anything, the stronger EU communities (Germany/France) should withdraw from the Euro because they are being dragged down from the broke nations (Ireland, Italy, Greece). The broke nations should withdraw from the Euro because they need the hyperinflationary option to get rid of the debt that they manage to rack up so easily (look at the 2 Drachmas that ended up in hyperinflation and the final drachma that ended up being also hit by rampant inflation).

We used to have a world currency: gold and silver and honestly a "hard" money solution is the only way we can really have any sort of easily exchangeable currency for an extended period of time and it is unlikely that we will see a return to real money anytime soon (although there is a growing movement in the US towards a hard money standard). So until then, I don't think we really have to worry about a world bank because it is simple game theory:

If you go along with the cartel and everyone else does, everyone wins. If you break the agreement, and everyone keeps it, you come out ahead. If you break it and everyone else breaks it, everyone comes out equal. If you keep it and someone else breaks it, you come out behind.

Because of this, there is no incentive to keep the currency going, there is much more of an incentive to cheat and so any type of paper/fiat currency in a world bank would end up failing given enough time. Even a hard money world currency might fail, after all, a nation can decide to debase what it considers to be a "dollar", "yen" or "pound" and thus mess up contracts set in a set currency, or mints inferior coins or cheats on banknotes.

Any world bank or world currency based on voluntary agreements between nations wouldn't last for long, there is nothing to keep it together.

[Accumulator 52]

It would be nearer the mark to say that after 39 days on the waters, Noah's Ark experienced its first killing of one animal by another...

Surely you mean that...

By the 39th day the Ark had shipped water to the gunnels. Captain Frau Angela and First Mate Nicolas stood proudly on the bridge, in time honoured fashion, as the ship began slowly to sink. Below decks the animals swam to and fro, blaming each other for the debacle and for sneaking aboard without the correct ticket. Just then a jetty hove into view and purser David managed to leap to the safety of dry land. Others looked on but were too slow to follow him. The Ark drifted back to sea, taking on more water and resigned to it's inevitable descent into the murky ocean depths. Glug, glug... May God bless her, and all who sail in her.

[argentumandcoins 70]

It would be nearer the mark to say that after 39 days on the waters, Noah's Ark experienced its first killing of one animal by another...

Surely you mean that...

By the 39th day the Ark had shipped water to the gunnels. Captain Frau Angela and First Mate Nicolas stood proudly on the bridge, in time honoured fashion, as the ship began slowly to sink. Below decks the animals swam to and fro, blaming each other for the debacle and for sneaking aboard without the correct ticket. Just then a jetty hove into view and purser David managed to leap to the safety of dry land. Others looked on but were too slow to follow him. The Ark drifted back to sea, taking on more water and resigned to it's inevitable descent into the murky ocean depths. Glug, glug... May God bless her, and all who sail in her.

It all reminds me of that excellent Harry Enfield sketch where he played the drunken Tory.

"I liken Europe to a moving train... I'd rather be on the inside trying to piss out than the outside trying to piss in"

[azda 979]

Well whatever happens, the next few months will be very interesting for all concerned. If the UK move out of the EU how will they get on alone, will the Euro survive or will all EU partners go back to their original currency.

Will Nick Clegg still have a job, will there still be a coalition after Cleggs damnation of Camerons veto

Edited December 12, 2011 by azda

[argentumandcoins 70]

Well whatever happens, the next few months will be very interesting for all concerned. If the UK move out of the EU how will they get on alone, will the Euro survive or will all EU partners go back to their original currency.

Will Nick Clegg still have a job, will there still be a coalition after Cleggs damnation of Camerons veto

Clegg didn't publicly say owt about Cameron, he said he was bitterly disappointed with the outcome of Thursday night, read into that any meaning you wish.

I don't envy him or Cameron the task they have on their hands in trying to deal with a global recession as well as the shambolic state those arseholes in Labour left this country in. I find it particularly sickening to listen to the smarmy gits giving their interviews about the cuts in UK public spending, UK isolation in Europe etc, without one word of apology for the mess we're in or one word of support or advice for the current government.

Regardless of coalition or minority rule or whatever, this was only ever going to be a one term arrangement because the incoming government was going to be extremely unpopular in the UK due to the decisions they had to make. The smarmy gits in Labour will be back at the next election (whenever that may be) and then they can get back on with the job in hand of destroying the rest of the UK economy.

I admit that I have a deep seated loathing of Labour that was probably re-inforced during my last couple of years in the job. It was a proper kick in the nads to have my pay rise frozen then not backdated and not paid at the rate that the PNB had agreed upon only to find that the then Home Secretary (Ms Smith) had had the gall to claim for a 79p bath plug on her Parliamentary expenses!

[Peter 615]

I actually quite liked Blair.It was the idiots around him who torched our economy.It happened before in the pre Thatcher era.

Whatever the coalition/Cameron/Glegg run with it is important that labour bite their tounges and get behind the country and not try to score points.

As I've mentioned before if there is a choice buy British,holiday in UK for a change and spend your money on quality British coins

[Rob 3,152]

I actually quite liked Blair.It was the idiots around him who torched our economy.It happened before in the pre Thatcher era.

Whatever the coalition/Cameron/Glegg run with it is important that labour bite their tounges and get behind the country and not try to score points.

As I've mentioned before if there is a choice buy British,holiday in UK for a change and spend your money on quality British coins

Steady on, there isn't enough material to go round as it is.

[Colin G. 147]

I actually quite liked Blair.It was the idiots around him who torched our economy.It happened before in the pre Thatcher era.

Whatever the coalition/Cameron/Glegg run with it is important that labour bite their tounges and get behind the country and not try to score points.

As I've mentioned before if there is a choice buy British,holiday in UK for a change and spend your money on quality British coins

Well done for bringing the post back around to coins, political/religious discussions always end in disaster

[Accumulator 52]

I actually quite liked Blair.It was the idiots around him who torched our economy.It happened before in the pre Thatcher era.

Whatever the coalition/Cameron/Glegg run with it is important that labour bite their tounges and get behind the country and not try to score points.

As I've mentioned before if there is a choice buy British,holiday in UK for a change and spend your money on quality British coins

Well done for bringing the post back around to coins, political/religious discussions always end in disaster

Surely you mean Euros. The Betamax, C5 and video disk collectors of the future will love them!

[Peter 615]

I actually quite liked Blair.It was the idiots around him who torched our economy.It happened before in the pre Thatcher era.

Whatever the coalition/Cameron/Glegg run with it is important that labour bite their tounges and get behind the country and not try to score points.

As I've mentioned before if there is a choice buy British,holiday in UK for a change and spend your money on quality British coins

Well done for bringing the post back around to coins, political/religious discussions always end in disaster

Surely you mean Euros. The Betamax, C5 and video disk collectors of the future will love them!

The only Euro I want has millions after it.

I won £2.80 the other week ....enough for Scot to have a rummage in his dealers box

[josie 8]

Just posting.

http://blogs.telegraph.co.uk/news/nilegardiner/100123322/great-britain-can-rise-again-as-a-world-power-with-the-european-union-in-decline/