Re: Eurozone will collapse...
 

But some of that was achieved by simply delaying problems. Eg Wages policy which brought inflation down, backfired years later when everybody wanted to play catch up and restore the differentials between the levels of pay.

Not sure being at school and being asked to buy your own paper is a good thing. Some of us were there in the late '70s.

Re: Eurozone will collapse...
 

Mostly true ,from memory, the 3 day week ,electricity rationing ,rampant inflation ,miners strikes ,dockers strikes, virtual collapse of the British car industry ....because of more strikes and a recession during the first half of the decade ,all of which made the 70's a pretty crap decade

There where some good tunes though ;)

Re: Eurozone will collapse...
 

Was only a baby, don't remember much of that decade at all, just seemed to me that there's two points to every argument and why should the seventies be any different

Re: Eurozone will collapse...
 

I think you would have found the seventies very different to anything you've known :shocked:

Re: Eurozone will collapse...
 

Too true. More Labour ineptitude, union madness and excess. Some things never change...

Re: Eurozone will collapse...
 

I loved the three day week as an apprentice, getting paid for 5 was brill. The electricity bill was very low (because we did not have any lecy) loved the dark nights. The 70s was the best decade ever.

Than came the 80s with its 14.5% mortgage rates! got stung with that one.

Re: Eurozone will collapse...
 

Better than the 17% in the mid 70's

Re: Eurozone will collapse...
 

Seems like No has won by an overwhelming majority.

http://www.bbc.co.uk/news/world-europe-33403665

Re: Eurozone will collapse...
 

Call my bluff...

Re: Eurozone will collapse...
 

Mm. "Too close to call", "Yes coming up on the rails" ... then a convincing victory for "No".

Sounds familiar. :D

Re: Eurozone will collapse...
 

So will the Eurozone decide to cut them a better deal or will they view them as too difficult to deal with and cut them loose? Spanish elections soon and a insurgent left-wing party awaits....

Re: Eurozone will collapse...
 

Deutsche Bank published some scenarios earlier today. They believe that the likelihood of Grexit grows with the size of the No majority. If they're on the money, Greece is likely to find itself cut loose fairly soon. For a start, I just don't see how any German politician can sell a deal to their electorate under these circumstances.

Re: Eurozone will collapse...
 

Only if the yes campaign start moaning about the result and demand a re-run every time anything remotely changes.

Re: Eurozone will collapse...
 

Chris meant the Greek polls were similar to the UK election polls ---i.e completely wrong.

But you are right, they "yes lot" already did say to Tsipras exactly what you said.

Re: Eurozone will collapse...
 

Actually I was referring to the Scottish referendum, but not the polls so much as the endless nippy chat we had to put up with on Facebook and below the line on just about every relevant newspaper article for about 2 years.

You're right though, there is also a strange similarity with our own recent election polling. I wonder what's up with that.