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Old 15-12-2011, 07:36   #424
Chrysalis
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Re: Eurozone will collapse...

Quote:
Originally Posted by Osem View Post
http://www.bbc.co.uk/news/business/



Whilst Sarkozy still apparently thinks France's best interests lie entirely in their 'alliance' with the Germans and getting the UK out of the equation, Merkel seems to have a more conciliatory approach, possibly worrying that France has some way to go to get its own financial house in order and what problems that may entail.

http://www.bbc.co.uk/news/world-europe-16177674



Anyway, it appears the Swedes, Hungarians, Czechs and Irish are already expressing concerns about the way forward being proposed and I can see others following when the reality hits home. If anyone thought what was agreed last week amounted to very much more than a decision to talk about it all over again I think they may have a shock coming.
Good old bbc again.

I have just checked the year graph for the exchange rate.

Last year when the euro dropped the bbc got all excited like they are now.

On march the euro then got stronger and I cannot find any bbc news reports reporting this. So someone without checking into it would think it dropped last christmas and then dropped again further now, whilst whats actually happened is its now the same value as last march. I expect it to drop some more whilst the news agencies get all wet over it, but eventually when more interesting news happens it will recover again in the summer.
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