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In a Nutshell: the euro zone, newest development and outlook

 
Anonymous Coward
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France
02/18/2012 10:40 PM
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In a Nutshell: the euro zone, newest development and outlook
[link to www.zerohedge.com]

So, as I said before, Greece is going out.

The question now is, what does that mean ? What impact will that have ? What does it mean in the short term and in the long term for Europe and the US ?

In a nutshell:
In north europe containing germany, netherlands, the up north countries, the benelux countries, and the north part of italy, the economy is rather flexible, very competitive, very high quality, infrastructure is very well and if you would want to invest, money is there to ease your investment.

In the south, containing Spain, Italy, Portugal the wheather is great, people are much more friendly than in the north (but they loose their nerves more easily), and they have not really a competitive industry, except their agricultural products, which are world class and best.
Anonymous Coward (OP)
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02/18/2012 10:42 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
But they have no money. That is because the currency they have it so much strong, that their world class products are out of price on the international scale (I personally don't care, spanish ham is the best in the world).

Since in the south they have no "hard" industry, during crisis time like now, their exports shrink, thus the economy shrinks, and an austerity plan makes it more shrink and a high value currency makes it more shrink.

But the north countries are better off. They benefit from the same currency, but it is undervalued, it is measured with all the rest, the currency region combined with the south.
Anonymous Coward (OP)
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02/18/2012 10:45 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
But that would not be problem normally, because those countries will and must adjust in the years to come, some transfer money will follow, some rules and stuff, and the transfer union will have their middle ground.
Anonymous Coward (OP)
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02/18/2012 10:50 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
Now we have Greece.

A country who cheated to become member of the union by providing false stats, a country that once in the union borrowed money with low interest rates to stable power and rich the rich. A country, whose bureaucracy does what the syndicats say, and doesn't follow the directives of the politics. A country, which is totally fucked up from a functional point of view.
Anonymous Coward (OP)
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02/18/2012 10:51 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The question now is, what does that mean ?

What impact will that have ?

What does it mean in the short term and in the long term for Europe and the US ?
Anonymous Coward (OP)
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02/18/2012 10:55 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The first impact is that Greece will leave the euro zone. And that means that banks, who are in debts with the greece will struggle. But and but the Central Bank started to print and make money available to the banks long time ago, banks will not stumble after the greek crisis.
Anonymous Coward
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02/18/2012 10:55 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
ZeroHedge!!!!??

cruisecruisecruisecruisecruisecruisecruise
G3
G3

User ID: 1531577
United States
02/18/2012 10:58 PM

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Re: In a Nutshell: the euro zone, newest development and outlook



BTW, how is France doing in all of this?

hf
Anonymous Coward (OP)
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02/18/2012 10:59 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
Next there is Portugal in the line, remember the impact of the strong currency and your domestic production ? Spain will be next in the same line.

It does not matter if you do everything right, what matters is, do you have a chance to get out of the mess ? If yes that would be worth an investment. If no it is not.

And the sad story is, that it is not an investment.
Anonymous Coward (OP)
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France
02/18/2012 11:03 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The more the "healthy countries" export and are a safe heaven for euro investments, the more stable the euro is.

And during all that crisis it didn't really drop, it should be much lower, but it is not, it should be to 90 centimes to one dollar.
Anonymous Coward (OP)
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02/18/2012 11:04 PM
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Re: In a Nutshell: the euro zone, newest development and outlook



BTW, how is France doing in all of this?

hf
 Quoting: G3


I will come to this, don't worry.
Anonymous Coward (OP)
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France
02/18/2012 11:07 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The crisis in the south of europe can only become worse, and the export boom in the north can only become better.

And with the consent, that there would not be a transfer of money (at least not an intelligent one), the two things will drift apart.
Monbazillac

User ID: 8958455
France
02/18/2012 11:11 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
silly parrot talk, go back to bed and stop your nonsense thx yawn zzzz
Anonymous Coward
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United States
02/18/2012 11:13 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
iceland
Anonymous Coward (OP)
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02/18/2012 11:14 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
If you live as a family under one roof, and your brother has no income, you give him money, in the south then you make a big fuzz calling his pride to get a job, in the north you do not give anything and you tell him to take his finger out of his ass and fucking get going to get a job.

In the south the person is seen as a victim of the system, in the north he is seen as lazy ass sucking on state money provided by the ones who work and get up in the morning.
Anonymous Coward (OP)
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France
02/18/2012 11:19 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The comunication in this crisis time is not the same, as is the perception of this crisis. In the north it is the lazy and currupt bumb in the south and in the south it the north bancster and political regime who want to "take over the homeland".
Anonymous Coward (OP)
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France
02/18/2012 11:27 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
In France it is epic. The crisis and one man super Sarcocy who fights it. And then there is super hollande who knows everything better and he is the better super hero. The political class here in France is really, very low. All of them.

I am not french, but what is astonishing is, that there is no open discussion about all of that, no nothing, blank, the discussion is in between what income of people should have and the bad bosses of everything who earn too much.
The right and left. The classic discussion, stuck in the 18 century.
Anonymous Coward (OP)
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02/18/2012 11:32 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The Euro will divide, sooner or later. It will become a north euro and a south euro. That is obvious for all to see but for our politicians.

The devide will not be a political choice. It will be a consequence of the structure and differences of the european states and mentalities.
Anonymous Coward
User ID: 8865685
Korea, Republic of
02/18/2012 11:47 PM
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Re: In a Nutshell: the euro zone, newest development and outlook
The Euro will divide, sooner or later. It will become a north euro and a south euro. That is obvious for all to see but for our politicians.

The devide will not be a political choice. It will be a consequence of the structure and differences of the european states and mentalities.
 Quoting: ^àTOn^


that will be a funny shit. so 2 currencies will be listed in
FX mkt,SEUR/USD and NEUR/USD.
G3
G3

User ID: 1531577
United States
02/19/2012 01:34 PM

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Re: In a Nutshell: the euro zone, newest development and outlook
bump

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