That is completely thinkable btw...
Analysis: Thinking the unthinkable -- a euro zone breakup
Collapse
X
-
-
It's 100% a political issue, both Russia as China are complaining for some time that their currencies are undervalued.Sandro, look at the numbers first... All this buzz is more around the parties involved, that's it. The whole deal has very little impact on dollar because Russia and China don't do much bilateral trade. For example for China it's only 2% of its total trade with the world, for Russia - about 8%. So I'd say the whole deal will have more political impact rather than economic.Telegram: sandroanthonioComment
-
i hope it breaks up, the big three are the only countries holding it together cash wise and are being taken for a ride by the other countries. Also this free cross-border policy have really helped to destroy local commerce, why bother having a company now in the UK/France/Germany if some eastern european will come along and do the job for half the price.Free traffic and backlinks from one of the fastest growing adult pinsites on the net - SAUCY PICTURES!
Easily my best performing webcam sponsor - CLICK HERE!!Comment
-
I had to laugh on this one,i just hadi hope it breaks up, the big three are the only countries holding it together cash wise and are being taken for a ride by the other countries. Also this free cross-border policy have really helped to destroy local commerce, why bother having a company now in the UK/France/Germany if some eastern european will come along and do the job for half the price.
Comment
-
why? are you from eastern europe?
To have a free boarder and one currency across so many countries means that for many of the worse off countries, their standard of living will rise but it also means that the standard of living in the top of the first world countries has to drop to make an average across the range.
or are you laughing at the eastern europeans undercutting jobs? its a fact that it happens thats why international buisnesses are shipping in the cheap labour at the expence of the local workforce, cheap labour means lower wages which means less spent in the local economy which means less manufactoring/retail sales which means a local economic depression - This has no benefit to the more "advanced" countries. it only benefits international buisness.
Or maybe you found the fact that its only the "big three" that put in much more cash than they take out funny, they are paying for the other countries?Last edited by rogueteens; 12-01-2010, 07:04 AM.Free traffic and backlinks from one of the fastest growing adult pinsites on the net - SAUCY PICTURES!
Easily my best performing webcam sponsor - CLICK HERE!!Comment

Comment