Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: SteveAvfc. on 16 July 2012, 16:39:43
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As the title reads Euro Crisis what Euro Crisis, where's it gone? for months now every Tv news item every newspapers front page has run with it's opening title being the bloody Euro Crisis. But hey is it me or has it all of a sudden just blown away where is it ??. Not that i am remotely interested in it but when it's all you here about day in day out Greece this Greece that Spain this Spain that it get's you thinking that it's do or die for us all, and then nowt.
My theory is that Mrs Angela the German has it hidden some where. Or could it be that some oil rich football chairman has bought both Greece and Spain and is planning to launch them onto the premiership.
Answers on a post card please. ;D ;D :y :y
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Here is my postcard! There is a number of things in play with the Euro crisis and periodic coverage.
First thing is the UK media. They are very fickle and tend to pick up on news stories that are flavour of the moment. Some stories that should be covered get very little perhaps because the country doesn't speak English and therefore is considered to be of little interest. The horrendous floods in Japan are a good example 30 inches of rain in 72 hours makes the British "downpours" look like spots of rain but barely got coverage. Why? London Olympics security scandal more "newsworthy" and easier to cover from London offices?.
Second reason is that there are periodically prompts to bring back the Euro Crisis into the news. It hasn't ever gone away. One example of a prompt is the monthly useless meetings the euro leaders have at the end of each month. Another is the rates the money market make countries pay for their regular borrowings to feed their debt habits. Recently Spain has had to pay 7% whereas Germany is only paying say 2%. A reflection on the lenders confidence in repayment ability. These bond auctions happen periodically and quite rightly are a prompt to news rooms to bring the crisis back into prominence.
Here in Spain, I can tell you it hasn't gone away. Our(Conservative) Pm was elected on NO ELECTION Manifesto except he would lower taxes. This month in order to get EU money to bail out Spanish banks which like other banks around the globe lent recklessly during the boom years(Spain had one of the biggest construction booms anywhere on the globe), the PM has had to go along with Brussels conditions which include:
VAT increase from 18% to 21%
Yet more cuts in public spending
Yet more cuts in public pay
Removal of unemployment benefit if they suspect you of working on the black (in the past they had to prove it)
These total 65 billion euros which is a lot compared with the cuts other countries have seen.
Subsidies of 300 million euros a year to Spanish coal mines are to be slashed to 100 million effectively puitting the jobs of 30,000 miners on the line. When the mines close, Spain will be able to buy coal cheaply from outside the EU and with the money saved pay ex miners dole (for a while then their families are expected to support unemployed folk here) The miners understandably have marched on Madrid. Understandably the police laid into them and other grubby do gooders who were protesting about the lack of jobs (unemployment is 24%)and the fact that the voted in government lied and has raised taxes despite its only election pledge.
Certainly the Spanish people are very interested in it. Raising VAt is seen as a tax on the poor. The top brass of Spanish companies like Uk ones, have been busy awarding themselves record pay increases despite presiding in the most over failing companies.
I think the euro crisis should interest everyone. In my view it is an economic train crash happening in front of our very eyes. Without Europe consuming the global markets will go back into recession yet folk living in the likes of Spain, Italy and Greece haven't got spare cash to flash around like they used to five years ago. They won't have either unless they leave the Euro. Germany doesn't want that unless they can leave second!
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Whatever happened to "Wish you were here!".... ;D ;D ;D
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Whatever happened to "Wish you were here!".... ;D ;D ;D
;D ;D ;D Outstanding. :y
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
Sssh! you know what Den's like. ;D
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I really do worry about Den. :-X ;D
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
Oh dear ........I couldn't even manage a lazy lob for that old girl.
Jill Dando on the other hand..... :-* :-* :-*. Sadly gone now. :-\
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
Oh dear ........I couldn't even manage a lazy lob for that old girl.
Jill Dando on the other hand..... :-* :-* :-* . Sadly gone now. :-\
Sharon Davies is my favourite over-40.
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Judith Chalmers is she still breathing ? ;D ;D
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Apparently so. ;D
http://www.youtube.com/watch?v=Y9sb8jT2qEU
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
Oh dear ........I couldn't even manage a lazy lob for that old girl.
Jill Dando on the other hand..... :-* :-* :-* . Sadly gone now. :-\
Sharon Davies is my favourite over-40.
Bit of a cougar, that one. About six-one in her bare feet, I hear.
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Apparently so. ;D
http://www.youtube.com/watch?v=Y9sb8jT2qEU
Nice Feet ;D ;D
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Whatever happened to "Wish you were here!".... ;D ;D ;D
Someone decided it would be cruelty to the aged to subject Judith Chalmers leathery skin to any more sunshine. :y :D
Oh dear ........I couldn't even manage a lazy lob for that old girl.
Jill Dando on the other hand..... :-* :-* :-* . Sadly gone now. :-\
Sharon Davies is my favourite over-40.
Bit of a cougar, that one. About six-one in her bare feet, I hear.
Jennifer Lopez for me. ;) ;) :y :y
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Judith Chalmers is she still breathing ? ;D ;D
A mere trifle that doesn't really concern the likes of uncle Den. :-X :-* :-*
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Judith Chalmers is she still breathing ? ;D ;D
A mere trifle that doesn't really concern the likes of uncle Den. :-X :-* :-*
;D ;D ;D ;D You are incorrigible Den. ;D
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Holiday season, France and Italy close down for a month or two at this time of year. The banks will be busy
fiddling playing quiet markets while the FSA and BOE continue their everlasting holiday sorry 'light touch regulation'.
Rumour has it that Frau Angela is having a moan at the moment where she is having some 'light touch regulation' from her gynecologist Doktor Den and will not be available until mid-September when the German constitutional court reports. ;D ;D ;D ;D
But if the suspense on the various German positions or movement of her economy are getting to you, read the weekday live reports from DD, sorry I mean DT (Daily Telegraph). ;D ;D ;D ;D
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I'd prefer to read Judith Chalmers wrinkles..... :)
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I'd prefer to read Judith Chalmers wrinkles..... :)
Her lady parts must be bone dry by now. :)
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I'd prefer to read Judith Chalmers wrinkles..... :)
Her lady parts must be bone dry by now. :)
That must be where all the Factor 50 ended up..... :-X
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I'd prefer to read Judith Chalmers wrinkles..... :)
Her lady parts must be bone dry by now. :)
Couple bottles of lifter treatment a change of oil ?? she be good as new ;D ;D