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Europe - The Debate


Saint Andrew

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Europe - The Debate


What's your thoughts about the Eurozone, David Cameron wanting out, or the whole concept of Europe?

Do you think this crisis will effect you or your country in the future?
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Electriq • European West (EUW) • Gold Division IV Sejuani's Hunters
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Glad we didn't join. The whole crisis, MEH. What did we expect? Selling off IOUs to each other is to anybody with any common sense stupid as ****. Either way it still escapes me how the EU thought it would survive/be successful with x amount of countries doing whatever they want with the same currency lololololol.

 

On the David Cameron thing: We'd be stupid to 'leave' the EU I reckon, no matter whether we do or don't the collapse (if it does) will have an adverse effect on our economy (the degree different between whether we're in/out). But many European countries are major trading partners with us and ******* them off wouldn't be particularly smart.

 

o just to throw a hammer into the works: If both Greece & Italy collapse we automatically lose like 40% of our economy, Unemployment will rise to <10M and we'll be fked.

 

P.S David Cameron is a massive *******. The argument started over the potential 0.5% tax on all international transactions (Those made by banks moving $bns across the globe). He's trying to protect the City because those fatcats hate dem taxation costs. A few statistics:

The tax would raise about ~47M for our economy, enough to finance tuition fees/EMA. Studentsgetmad.


#mayhem-makers
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The eurozone countries have 2 options on the medium run:

 

1) Falling to pieces

2) Full economic and financial integration, meaning unification of budget decifits and altering the ECB policies to allow it to buy member state government bonds and use quantitative easing independently when necessary

 

Number 1 might be the better option for most of northern Europe, number 2 would, depending on conditions, be better for PIIGS -countries and southern Europe. This is how I see it will go considering political realities.

 

A few statistics:

The tax would raise about ~47M for our economy, enough to finance tuition fees/EMA. Studentsgetmad.

 

Any source for that?

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A few statistics:

The tax would raise about ~47M for our economy, enough to finance tuition fees/EMA. Studentsgetmad.

 

Any source for that?

I'll ask my economics teacher for the source ye

 

may have been bn can't remember


#mayhem-makers
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A few statistics:

The tax would raise about ~47M for our economy, enough to finance tuition fees/EMA. Studentsgetmad.

 

Any source for that?

I'll ask my economics teacher for the source ye

 

may have been bn can't remember

 

I asked because a number like that is pretty hard to come up with, seeing as nobody really knows what happens to those money flows when you tax them by 0.5%.

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  • 2 weeks later...

I'm a German so yeah, this does effect me a ******* great deal.

 

The goals of the EU from our perspective were profit profit profit. Germany's a huge exporting nation and naturally, the primary consumers of its exported goods are Eurozone countries. To a certain degree, we were hugely dependent on the economy of our neighbours to begin with. With this in mind, the idea of the EU seemed wonderful. Germany, as a powerhouse in the EU would have enough political and economic power to control the EU countries that it feeds on and make sure they don't **** up. Another huge advantage of the single currency was that Germany could export as much as they ******* wanted to without the dilemma of having the currency skyrocket and make our products unaffordable, because in the single currency there are countless nations with weaksauce export:import ratios pulling the currency down to a very sustainable level.

 

However, our power wasn't great enough to control the wanker countries. They somehow managed to **** up despite our guidance.

MEANINGLESS APHORISM HERE

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The crisis is noticable for us. Take for example our leadership in Holland. When debating they just harras eachother rather then talking about how to fix things. The overall leadership in countrys is terrible and I think that we can all blame that on the economy's changes and how the leadership picked it up. To me they just want to make a name, rather then making a name by making sure finances of the country are in the right hands, favoritism plays a huge part in the elections seeing as we have some ******* premier.

 

I think if they come with plans, the crisis wouldn't be as bad.

#Fatality


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  • 1 month later...

PIGS will drag the EU down, eventually forcing its hand and causing it to print more euros to inflate the currency and save the drowning countries. Germany, probably the biggest economic power in the EU, will leave as it vehemently opposes the printing of more currency, and ultimately other well-to-do countries will follow after getting sick of bailing out their irresponsible neighbors.

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