How probably is a collapse of Euro currency possible within 9 to 18 months ?

Half a world away, I thought Helmut Kohl did a good job in unifying Germany. Of course, the collapsed of Soviet triggered it. Just google the Aims and Values of European Union. Prior to EU, it was EEC in 1957 and later on rebranded to EC. Now that it has become a social thingy, some may find it too intrusive. In my region, ASEAN was setup based on political objective and it later become economic and accepted its foes. Now, it's facing issue with one wayward member. Everything has its balance. A star can become a blackhole if it loses its balance.
 
DaveV said:
Britain has many economic problems, but then which country doesn't. But don't think for a second that Brexit was not a big part of their problems:

https://www.bloomberg.com/news/arti...exit-thumped-britain-s-economy-and-businesses
Key Points:
Exports from Britain are down 16%.
Brexit has so far caused a 1.5% decline in Britain's GDP and is predicted to cause a 4 to 5% decline in the long run.
The only region of Britain that did not participate in Brexit, Northern Ireland, appears to have fared best.
A majority of voters now favor re-joining the European Union
More...
Bloomberg? Seriously? But you missed the point. Britain is still behaving like a good little EU country but can't play in all the EU games...so of course that's happened.
 
> How probably is a collapse of Euro currency possible within 9 to 18 months ?
IMO very high, could get epic dimensions like the crisis of 2008...

But before that, UK and its GBP will implode, it seems, and as was predicted :)
I said this Liz Tussie will do harm UK more than any of her predecessors, and it now already happened just within weeks since her "democratic" election... :)

See also
"UK Food Inflation Swells To Highest Rate Ever Recorded"
By City A.M- Sep 28, 2022, 3:00 PM CDT
https://oilprice.com/Energy/Energy-...ion-Swells-To-Highest-Rate-Ever-Recorded.html
 
Last edited:
stochastix said:
Fucking bad teeth having sons of bitches made a bad "decision"
More...

While Putin is deserving of much criticism, iBrexit and Trumpism were masterful results of authoritarian troll farm psyops.

Truth propagates much slower than clickbait in an age of Novelty.

In addition, Cambridge Analytica effectively combined micro-targeted consumer marketing, big data to hack human psychology and convert that to political power.
 
MKTrader said:
Classic post hoc ergo propter hoc fallacy. Great Britain's problems have nothing to do with Brexit. In fact, they're largely because they follow moronic EU like policies. The Eurozone is and was a bad joke. It may suffer a slow death, and it may flail around like a dying animal, but it will die.
More...
Eurozone politics are a bad joke, but Brexit was one of the most idiotic thing the UK has done to themselves.

The UK economy is in serious trouble.

With very low unemployment, very scarce capacity which implies no possibility for growth, rate rising, overpriced house market...
Add the pandemic, and various brexit damage, from the gbp crash, we never saw those levels again. To the mess created by logistic nightmares. Some products are missing for weeks.

There is also scarcity of labour, low unemployment and no capacity for growth.

Entry Visa are being refused even to football players like Diego Costa who played for Chelsea a few years ago... It's pretty pathetic.
Then they had to run and load planes with eastern European fruit pickers because otherwise the little fruit they harvest would rot.

Brexit was totally political, not for the people, not for the country.
 
You must log in or register to reply here.
Back
Top