Reply
 
Thread Tools Search this Thread
 
Old 24 November 2010, 05:34   #11
Member
 
HUMBER P4VWL's Avatar
 
Country: UK - Wales
Town: N Wales Chester
Boat name: Mr Smith
Make: Humber
Length: 6m +
Join Date: Feb 2009
Posts: 5,013
I'm more than happy to lend it them, why the uproar?!!

Their economy is only marginally more screwed than ours. However we can borrow money at 1.5% on the markets and they struggle to get anything at below 5%. They will pay us a proposed 5%! 3.5% profit on that loan is not to be sniffed at.

Either we let them sink which could send shockwaves everywhere and stuff us up ultimately, or profit from their circumstance and reduce our debt! No brainer.

Point to note, Sweden has offered money at 3% which has meant the UK by peer pressure may drop to that figure out of guilt. Idiots. Feck em, they did it to themselves!
__________________

__________________
HUMBER P4VWL is offline   Reply With Quote
Old 24 November 2010, 07:21   #12
Member
 
Country: UK - England
Town: Mighty Penryn
Boat name: Little Joe.
Make: Avon Searider
Length: 4m +
Engine: Honda BF50
Join Date: Aug 2005
Posts: 8,841
Quote:
Originally Posted by HUMBER P4VWL View Post
They will pay us a proposed 5%! 3.5% profit on that loan is not to be sniffed at.
How and when is that likely to happen?
__________________

__________________
Mollers is offline   Reply With Quote
Old 24 November 2010, 07:33   #13
Member
 
Country: UK - England
Town: Mighty Penryn
Boat name: Little Joe.
Make: Avon Searider
Length: 4m +
Engine: Honda BF50
Join Date: Aug 2005
Posts: 8,841
I wonder how much and for how long the Krauts are prepared to keep chucking their taxpayers cash at this Euro dream? Greece, Ireland, Spain, Portugal.
__________________
Mollers is offline   Reply With Quote
Old 24 November 2010, 07:48   #14
Member
 
kerny's Avatar
 
Country: UK - England
Town: Ashton-under-Lyne Lancs
Boat name: IMOGEN
Make: Air-Craft 5.4
Length: 5m +
Engine: Etec 60
MMSI: 235087492
Join Date: May 2010
Posts: 7,040
RIBase
Send a message via Skype™ to kerny
I don't think it will be long before the French and Germans lead the way to reverting back to their former currencies . Most of these euro mp's have fleeced enough to set themselves up with nice little nest eggs to retire on .
__________________
kerny is offline   Reply With Quote
Old 24 November 2010, 08:00   #15
Member
 
Bigmuz7's Avatar
 
Country: UK - Scotland
Town: Glasgow
Boat name: stramash
Make: Tornado
Length: 5m +
Engine: Etec 90
Join Date: Feb 2006
Posts: 5,068
I agree, essentially the problem is that Ireland needs to get out of the one size fits all euro straight jacket .. that would fix the problem, when they could control their own interest rates again, instead of having all the cash thrown at them .. although that might be necessary in the short term ...
__________________
Bigmuz7 is offline   Reply With Quote
Old 24 November 2010, 10:19   #16
Member
 
Maximus's Avatar
 
Country: UK - England
Town: Wild West
Boat name: No Boat
Make: No Boat
Length: under 3m
Join Date: Jan 2008
Posts: 4,272
Send a message via AIM to Maximus
Quote:
Originally Posted by Mollers View Post
I wonder how much and for how long the Krauts are prepared to keep chucking their taxpayers cash at this Euro dream? Greece, Ireland, Spain, Portugal.
18 months....MAX! And after Gordon Brown banished ''Boom and Bust'' for everyone too!
__________________
A clever Man learns by his mistakes..
A Wise Man learns by other people's!

The Road to HELL ..is Paved with "Good inventions!"
Maximus is offline   Reply With Quote
Old 25 November 2010, 05:53   #17
Member
 
Country: UK - England
Town: Brum
Boat name: UTV
Make: zodiac FR
Length: 3m +
Engine: 2 stroke 15hp
MMSI: 999
Join Date: May 2003
Posts: 379
We are all European.

Bet France and Germany both wish they had stayed well clear of the Euro, in fact all the nations involved should wish the same.

The implications of any Euro collapse would be catastrophic to us all, we have no choice than to bail any European nation out, remember we are all European and thats a fact.
__________________
Big waves, small boat ;)
tinker is offline   Reply With Quote
Old 25 November 2010, 13:42   #18
Member
 
Country: UK - England
Town: leeds, England
Boat name: RIB Tickler
Make: AVON SR
Length: 3m +
Engine: Outboard 50 HP
Join Date: Aug 2010
Posts: 25
we are only european if they need a loan.
__________________
Rib T is offline   Reply With Quote
Old 25 November 2010, 17:43   #19
Member
 
Country: UK - England
Town: telford
Make: shakespeare
Length: 6m +
Engine: 150 optimax
Join Date: May 2008
Posts: 300
at least its a loan and repayable unlike the 25 billion or so a year that we give to the eu. since blair traded our rebate to aid his chances of becoming eu president
the eu has turned from a trade group to a socialist wealth redistribution scheme, socialism nearly always ends in failure, hopefully it will all fall apart before many more billions have been peed up the wall
__________________

__________________
markg is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 18:03.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.