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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Re your surmise that EU too expensive for UK to sustain, a report attempts to quantify the cost at £6.9bil/annum for our contribution, about £73bil positive trading advantages gained, with offset of about £66bil debit costs in terms of futile over regulation/additional business costs.
Bearing in mind UK has the most highly developed law going back to year 1215, the most fair society in the entire world, I am inclined to feel we do not need EU regulations-- human rights crap, anti competitive working practices law constraints and a requirement to open our borders to every new country that chooses to join the EU. We manage to attract all the criminals from these backward countries so lord knows what further hidden costs lie within our court and prison services, not to mention social security and medical costs.
debt and Italy's...and some of Spain's banks, too.
All of these have russian, british, Eurozone ( yes! Cyprus and Greece and Italy) passports....
some day many years from now the true story of Greece Italy debt will be unveiled and Merkel's role as the
silent stapes-holder for criminals.
HOW will Ezone banks pay back LTRO?
options: STEP...ELA...LTRO...
with STEP and ELA ECB is leading currency wars.
QE TALF TARP ..all this is active.
Nevertheless - though there is no weakness in USD -
EUR could go up further
but 1.35 turned out a hard resistance.
http://www.mauldineconomics.com/frontlinethoughts
And I say AL should be praised for this good supply of nutterz
Good w/e all..
(question, why is it this site attracts such a diverse range of nutters. Can we blame AL)
still north for me with 3340 stop...so dat b da play..
and if you are looking for a nut there is no bigger one than digi..