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EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Mon 25 Jul - 10:10

tigger wrote:Unless the US keeps going to war, the country will be bankrupt, as it was in the 20's.
The oil dollar keeps it propped up.
The most important reason for going into Iraq was the fact that Saddam was going to accept euros for his oil.
Libya was going to issue a gold-based dinar... and so on.
US has tried to sabotage the Euro from the start, they cannot allow another world wide currency.

Greece lied to get in, the Euro administration was flawed from the start if they don't check the books.
Retirement age in Germany is 67-69, Greece 55, so why not let Greece go bust and grow olives and tomatoes?
Initially British Farmers too had it v.v. good. Not so now.
Best thing each country can do now is to grow as much of their own food as they can.
I agree Pooh, trade and travel should have been all, open borders, not so much.
Except for me of course, being an Anglophile.

Morning Tigger, I agree with all you have said and it may yet happen. Russia has argued for Years that the price of Oil should not be tied to the Dollar
and are in a strong position with their Gas and Oil Reserves and the Middle East Crisis to force a change.
I thought it was disgraceful that Britain was forced to stop growing on some Farmland because there was a glut and instead the Farmers were paid
to keep their fields Fallow. Remember the "straight Bananas " directive? I think it"s something like 67% of our Laws come from the EU. If Britain
had been given a Referendum as promised by Tony Blair all those years ago we would have voted to leave the Union.

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Panda

Post  pooh on Mon 25 Jul - 10:20

Yes those pesky towel brigade anyway, Iraq = Oil, Afganistan = Gas Pipeline, Falklands = Oil, and Gas.


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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Mon 25 Jul - 10:41

pooh wrote:Yes those pesky towel brigade anyway, Iraq = Oil, Afganistan = Gas Pipeline, Falklands = Oil, and Gas.



The invasion of Iraq stirred up a Hornet"s nest in the Middle East and acheived nothing , after 10 years in Afghanistan with so many lives lost a losing
battle is being fought. The difference now is that there are more emerging Markets , America is in decline, as is Europe, so the shift of power will soon
take place. The Countries who produce the Oil and Gas will have the Power, China also , because of it"s cheap labour Market being able yp produce
cheap products.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 8:11

Christine LaGarde, head of IMF in a speech says the problems must be resolved because of the effects World-Wide.

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The USA

Post  pooh on Wed 27 Jul - 8:20

Panda wrote:Christine LaGarde, head of IMF in a speech says the problems must be resolved because of the effects World-Wide.

Latest from their debt debate does not sound too good either, the US going down the pan could lead to all sorts of problems,

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 8:53

pooh wrote:
Panda wrote:Christine LaGarde, head of IMF in a speech says the problems must be resolved because of the effects World-Wide.

Latest from their debt debate does not sound too good either, the US going down the pan could lead to all sorts of problems,


Morning pooh, Apparently this brinkmanship will be resolved because there is another two weeks grace beyond 2nd August, but whatever happens,
the Triple A rating of the U.S. will go down a notch. Go back to the Barter System I say.

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Morning Panda

Post  pooh on Wed 27 Jul - 9:25

Panda wrote:
pooh wrote:
Panda wrote:Christine LaGarde, head of IMF in a speech says the problems must be resolved because of the effects World-Wide.

Latest from their debt debate does not sound too good either, the US going down the pan could lead to all sorts of problems,


Morning pooh, Apparently this brinkmanship will be resolved because there is another two weeks grace beyond 2nd August, but whatever happens,
the Triple A rating of the U.S. will go down a notch. Go back to the Barter System I say.

Im ok get back with the ex in Nong Luang I will be ok, large garden, in laws have a rice farm, collect rain water to drink, well water to wash in. Plenty of chickens and fish from the Mekong river. Lived like that for 6 months prior to house being built, survived ok.


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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 9:36

Pooh , you user name sounds a bit off in the English language but is probably a popular name in Nuan Long. Where is that by the way? I was in Thailand on holiday years ago, beautiful place and friendly people.

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Panda

Post  pooh on Wed 27 Jul - 9:41

Panda wrote:Pooh , you user name sounds a bit off in the English language but is probably a popular name in Nuan Long. Where is that by the way? I was in Thailand on holiday years ago, beautiful place and friendly people.

Pooh its based on Winnie the Pooh

Nong Luang is in the NE of Thailand 16km from Laos, its the rice growing area, and its about 730km from Bangkok.

Not many non Thai's in the area, the village has only 25 houses and is in the middle of know where.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 9:57

pooh wrote:
Panda wrote:Pooh , you user name sounds a bit off in the English language but is probably a popular name in Nuan Long. Where is that by the way? I was in Thailand on holiday years ago, beautiful place and friendly people.

Pooh its based on Winnie the Pooh

Nong Luang is in the NE of Thailand 16km from Laos, its the rice growing area, and its about 730km from Bangkok.

Not many non Thai's in the area, the village has only 25 houses and is in the middle of know where.

Pooh time to make a sharp exit. Don"t think I would like to be so isolated. When I was there my Friends ex had a very young Malaysian girlfriend who he visited a few times ayear whose Parents lived up in ther Mountains and he was talking of starting up a Buffalo Farm there. He took us to Phuket, PIPPI Island, a Nature reserve etc, all the places devastated by the Tsunami a couple of years later. I gather you are back in the U.K. now I I

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Panda

Post  pooh on Wed 27 Jul - 10:15

Yep back in the UK.

Actually never bothered me living there one bit.

But the local hospital there makes the NHS look 3rd world. have had to use it once left leg swole up, in and out in 30minutes, diagnosed including blood test result, given an injection 3 loads of tablets and a creme all for £25, would have paid the same in presription charges here. Cleared totaly in 2 days.

Oh it was gout.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 10:33

pooh wrote:Yep back in the UK.

Actually never bothered me living there one bit.

But the local hospital there makes the NHS look 3rd world. have had to use it once left leg swole up, in and out in 30minutes, diagnosed including blood test result, given an injection 3 loads of tablets and a creme all for £25, would have paid the same in presription charges here. Cleared totaly in 2 days.

Oh it was gout.

That"s a coincidence, my Friend"s ex had a bad leg , swollen up , while we were there, his young Thai girlfriend was a ministering Angel, they split
the following year and he is back in th U.K.

Gotta go now, giving Blood, the things one does for mankind.......well it"s just a sample really. Catch you later.

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Cyprus Next

Post  pooh on Wed 27 Jul - 17:23

Moodys have cut Cyprus from A2 to Baa1

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Wed 27 Jul - 17:38

pooh wrote:Moodys have cut Cyprus from A2 to Baa1

Cyprus as well??? They might as well let these Countries leave the EU NOW instead of borrowing more money and having to pay high interest rates/ They reckon it will take Greece 30 yrs to pay off it"s debt.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Fri 29 Jul - 7:41

Moody"s is set to downgrade Spain , 10 year Bond yield up to 6% , Greece in trouble again ....there must be a limit on how much debt they can absorb.

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morning Panda

Post  pooh on Fri 29 Jul - 7:46

USA next me thinks.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Fri 29 Jul - 7:59

pooh wrote:USA next me thinks.


MORNING POOH, STILL NO AGREEMENT WITH 4 DAYS TO GO !!!!!. Apparently there are a few days grace after that, but you have to wonder at the
intelligence of Political Parties that they cannot reach agreement on such a vital issue. In the meantime, there is a flight from the U.S. dollar to
Swiss Franc with the result that the Franc has become so expensive sales have dried up on Swiss Watches. It could be the Monetary system around
the World could collapse because it"s not investment anymore, it"s speculation.

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Panda

Post  pooh on Fri 29 Jul - 8:04

Remember 2012 is elections in the US of A and they are thinking about re election. Maybe they are worried also that the TEA party might get some more support.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Fri 29 Jul - 8:20

Yes, this is all about Politics, not caring about one"s Country. Whatever happens now, the U.S. will lose it"s Triple A rating, It remains to be seen which
of the emerging Nations take over the dominant Currency. Russia has always complained that the price of Oil should not be in U.S. Dollars.

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Panda

Post  pooh on Fri 29 Jul - 8:27

Panda wrote:Yes, this is all about Politics, not caring about one"s Country. Whatever happens now, the U.S. will lose it"s Triple A rating, It remains to be seen which
of the emerging Nations take over the dominant Currency. Russia has always complained that the price of Oil should not be in U.S. Dollars.

Gold seems a good idea


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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Fri 29 Jul - 8:41

pooh wrote:
Panda wrote:Yes, this is all about Politics, not caring about one"s Country. Whatever happens now, the U.S. will lose it"s Triple A rating, It remains to be seen which
of the emerging Nations take over the dominant Currency. Russia has always complained that the price of Oil should not be in U.S. Dollars.

Gold seems a good idea


Yeah, but Gordon Brown sold half the U.K. Reserves when he became Chancellor, it is said that Fort Knox does not not have any Gold and if Germany
suddenly recalled the Gold they gave the U.S. to store just after the War God knows what would happen.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Hammy on Fri 29 Jul - 9:49

Panda wrote:
pooh wrote:
Panda wrote:Yes, this is all about Politics, not caring about one"s Country. Whatever happens now, the U.S. will lose it"s Triple A rating, It remains to be seen which
of the emerging Nations take over the dominant Currency. Russia has always complained that the price of Oil should not be in U.S. Dollars.

Gold seems a good idea


Yeah, but Gordon Brown sold half the U.K. Reserves when he became Chancellor, it is said that Fort Knox does not not have any Gold and if Germany
suddenly recalled the Gold they gave the U.S. to store just after the War God knows what would happen.

might want to look at this http://www.google.co.uk/url?sa=t&source=web&cd=1&ved=0CDEQFjAA&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FGold_reserve&ei=UnMyTqKyJc20hAewzrSPCw&usg=AFQjCNEwM-DyvSfwUhqFIzrQQkTavbSMnQ.

gold is currently about $1600 an ounce.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Panda on Fri 29 Jul - 10:01

Hammy wrote:
Panda wrote:
pooh wrote:
Panda wrote:Yes, this is all about Politics, not caring about one"s Country. Whatever happens now, the U.S. will lose it"s Triple A rating, It remains to be seen which
of the emerging Nations take over the dominant Currency. Russia has always complained that the price of Oil should not be in U.S. Dollars.

Gold seems a good idea


Yeah, but Gordon Brown sold half the U.K. Reserves when he became Chancellor, it is said that Fort Knox does not not have any Gold and if Germany
suddenly recalled the Gold they gave the U.S. to store just after the War God knows what would happen.

might want to look at this http://www.google.co.uk/url?sa=t&source=web&cd=1&ved=0CDEQFjAA&url=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FGold_reserve&ei=UnMyTqKyJc20hAewzrSPCw&usg=AFQjCNEwM-DyvSfwUhqFIzrQQkTavbSMnQ.

gold is currently about $1600 an ounce.

Yes I know, I"m just going to have a look at my Jewellery now to see what I can flog.

Thanks for the info, had a quick look , will read it in detail when I come home this afternoon.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Badboy on Fri 29 Jul - 11:37

I READ IN THE GUARDIAN TODAY THAT MANY US CITIES,STATES AND COUNTIES COULD DEFAULT ON THEIR LOANS.

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

Post  Angelique on Fri 29 Jul - 13:19

Panda

Is that true about Fort Knox ? I have been saying to my partner "what about fort Know". It seemed to me that they had plenty of collateral. But now you say "Fort Knox" is empty - have they borrowed over their limit!

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Re: EC PRESIDENT CALLS URGENT MEETING FOR TOMORROW #2

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