brown warns of euro "high noon"

andre514


Joined: 05/10/2010
Posts: 763

Message Posted:
09/12/2010 00:31

one-time british prime minister brown, a better brain than national leader,

emerges from obscurity to warn of a possible collapse of the "single currency"

the report just aired on the bbc website refers to lack of any solid rescue scheme

and a very possible demise around january



the result of the indebtedness crisis of european banks and governments

is slowly spiralling far beyond recovery

and will inevitably eject the weaker southern economies out of the system

yet will then allow them to devalue and see their exports dramatically fall in price



the naiive amongst us, and I include myself...never imagined this could be "allowed" to happen



what it illustrates is have malleable and untrustworthy any single view of "progress" may be:

whether in the adoption of european monetary union or a contradictory cyprus reunification



andre

Hippo


Joined: 02/02/2007
Posts: 2070

Message Posted:
09/12/2010 07:29

Brown a Brain-if he was so clever why did he sell off all our gold?????

Swany



Joined: 01/12/2009
Posts: 255

Message Posted:
09/12/2010 08:49

re 3....

and buy the Euro when it was high after selling the Gold when it was at a low price?



http://www.telegraph.co.uk/finance/personalfinance/investing/gold/7528074/Gordon-Browns-decision-to-sell-gold-questioned-as-euro-reserves-drop.html

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
09/12/2010 09:34

Why was he born ?

CJtill


Joined: 02/05/2008
Posts: 836

Message Posted:
09/12/2010 09:44

Gordon was not all bad.

He put the brakes on teflon Tony when he wanted to sign up to the Euro, and he saved the worlds banking system single handed from collapse, he also.............................will get back to you on that one.

Michael

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
09/12/2010 10:00

Why too was Blair born ?

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
09/12/2010 14:50

Brian Messages 4 & 6 - I hope you have heard of the birds and the bees, if not at 68 you have a lot of fun coming

Both men made multiple mistakes but some might say their hearts were in the right places, some may not.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
09/12/2010 15:02

The key word in the statement in message one is 'possible'.



This means that it is unlikely to happen.

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
09/12/2010 16:15

Flightholiday. Does 5 children and 10 grandchildren sound like fun ? I think you understand Birds and Bees. Birdbrain Blair was over the Cuckoo's nest whilst Bee Brown stung us all to pay for Blair's megalomania from early Ban the Bomb fanatic to being chosen by God to bring peace to the world by unjustified bombings. Fighting for peace is like screwing for virginity

tattlad


Joined: 13/12/2008
Posts: 479

Message Posted:
09/12/2010 16:18

Aye, and didn't that useless one eyed Scottish muppet want us to join the Euro, he's got more faces than a dating agency.

wattys


Joined: 07/10/2008
Posts: 278

Message Posted:
09/12/2010 16:25

Brown and Blair are lucky they were in the Uk government many other countries they would have been assasinated

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
09/12/2010 19:45

Wattys. Cannot condone or wish for that to happen but those two have definitely made it more likely and put all in the UK at much increased risk of acts of terrorism.