Part 0800.0005

[patsylabrador]

I read this little article this morning which I found to be quite good for briefly answering some of my questions.

can GB cope if the Eurozone collapses

I think it's very interesting. We have a couple of friends who live in France, I hope it doesn't get too difficult for them.

 

We have a German visitor today and I meant to vastly improve my German but have failed spectacularly.

I'm selfishly hoping the pound has a good exchange rate for a few days in December as we're off to Heidelberg again for the Christmas Market. I'd like things to be cheaper than last year.

[Angie]

Thank you for that , i have wanted answers for a long while now . As one of the population who voted NO to europe and one of many who voted the same way many years ago did anyone actually vote yes to going into the european market ?

Why won't the government let us vote to get out of it all........are they so scared !!!

[Olly]

A colleague sent me this earlier ... very funny:

 

It is a slow day in a little southern Mediterranean village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.

 

On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher. The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the tavern. The tavern owner slips the money along to the local “lady of the night” drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The “lady of the night” then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note. The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything. At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

 

No one produced anything! No one earned anything! However, the whole village is now out of debt and looking to the future with a lot more optimism.

 

And that, Ladies and Gentlemen, is how the bailout package works!!!

[docsquid]

Brilliant!

[Cinnamon]

[patsylabrador]

That's the best explanation I've read.

[The Dogmother]

me too!

[Willow]

Interesting article. As someone that has been involved developing EU standards for technology I'm aware we have a lot to thank the EU for (at least anyone who uses the internet or their mobile phone). And from a global business perspective being part of of a larger entity ie. Europe was definitely a good thing but I'm very relieved we're not part of the Euro.

[Guest]

Interesting article. As someone that has been involved developing EU standards for technology I'm aware we have a lot to thank the EU for (at least anyone who uses the internet or their mobile phone). And from a global business perspective being part of of a larger entity ie. Europe was definitely a good thing but I'm very relieved we're not part of the Euro.

 

 

Think that about sums it up for me too!

[Lavenders_Blue]

Thanks Olly, now it all makes sense!