Eurozone will collapse... - Page 116

nomadking · 04-07-2015, 17:35

Quote:

Originally Posted by TheDaddy

Or not true at all, depending on your prospective

http://www.newstatesman.com/politics...ting-seventies

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.

04-07-2015, 17:59

Quote:

Originally Posted by TheDaddy

Or not true at all, depending on your prospective

http://www.newstatesman.com/politics...ting-seventies

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

TheDaddy · 04-07-2015, 19:14

Quote:

Originally Posted by nomadking

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.

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

gba93 · 04-07-2015, 19:21

Quote:

Originally Posted by TheDaddy

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

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

Osem · 04-07-2015, 20:48

Quote:

Originally Posted by martyh

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

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

richard s · 05-07-2015, 10:02

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.

05-07-2015, 10:10

Quote:

Originally Posted by richard s

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.

Better than the 17% in the mid 70's

Derek · 05-07-2015, 20:15

Seems like No has won by an overwhelming majority.

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

Quote:

With more than a third of votes counted, results from the Greek referendum suggest voters have rejected the terms of an international bailout.
Results published by the interior ministry showed about 60% of those whose ballots had been counted voting "No", against some 40% voting "Yes".

Osem · 05-07-2015, 20:25

Call my bluff...

**Chris** · 05-07-2015, 20:42

Quote:

Originally Posted by Derek

Seems like No has won by an overwhelming majority.

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

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

Sounds familiar.

**Damien** · 05-07-2015, 21:10

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....

**Chris** · 05-07-2015, 21:49

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.

Derek · 05-07-2015, 21:57

Quote:

Originally Posted by Chris

Sounds familiar.

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

05-07-2015, 22:12

Quote:

Originally Posted by Derek

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

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.

**Chris** · 05-07-2015, 23:49

Quote:

Originally Posted by Carlos Carboni

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.

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.