In the long run, the smaller European countries are not going to submit to Franco-German domination.

beggars can't be choosers! but if they choose not being "dominated" by the billions of dough they need from the "dominators" to get out of their shitty status then let them submerge in their own debt shit, go back to their own shitty currencies, default on their debt, pay as they did pre-€UR era usurous interest rates on mortgages, loans and government debt, have rampant inflation and sky high unemployment as well as face riots and blood on the streets.

Try not to be offended but, you're starting to sound more like an American.

IB,

you overlook the fact that the thieves were considered family members. does one lock out family members from certain areas in the home? we are happy (perhaps just lucky) that we can leave the country for a week or even a month and see no need to lock out our domestic employees nor do we lock any drawer or cupboard.

Fair point, Naam. But the answer to your first question is, In Isan, yes.

that is quite sad.

In the long run, the smaller European countries are not going to submit to Franco-German domination.

beggars can't be choosers! but if they choose not being "dominated" by the billions of dough they need from the "dominators" to get out of their shitty status then let them submerge in their own debt shit, go back to their own shitty currencies, default on their debt, pay as they did pre-€UR era usurous interest rates on mortgages, loans and government debt, have rampant inflation and sky high unemployment as well as face riots and blood on the streets.

Try not to be offended but, you're starting to sound more like an American.

there's no reason why i should be offended as i just stated facts which, except for blood in the streets, prevailed in the ClubMed countries before they joined the €UR. and because as an outsider, who does not live in the EU, my comments should be considered more rational and detached than those who live there and soon will bear an unjustified burden; not to talk about their children or grandchildren who's future was fàcked up by banksters and politicians.

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

The solution to get Britain onto the Euro is simple.

Millions of French and German tourists invade the UK and change tens of thousands of Euros each into pounds sterling.

And now... how diabolical is this?

They don't spend them they take them home and burn them!!!!!

Just call me the new John Maynard Keynes.

They don't burn them - they hoard them.

The only currencies in Europe worth putting in the piggy bank are the Swish Franc, the Norge Kroner and the British Pound.

The Euro needs to be spent as soon as you receive it, as the material goods retain some value.

Remember the Weimar Mark - history will repeat itself.

The solution to get Britain onto the Euro is simple.

Millions of French and German tourists invade the UK and change tens of thousands of Euros each into pounds sterling.

And now... how diabolical is this?

They don't spend them they take them home and burn them!!!!!

Just call me the new John Maynard Keynes.

They don't burn them - they hoard them.

The only currencies in Europe worth putting in the piggy bank are the Swish Franc, the Norge Kroner and the British Pound.

The Euro needs to be spent as soon as you receive it, as the material goods retain some value.

Remember the Weimar Mark - history will repeat itself.

The Swish, as you call them, are never on the losing side, though one or two of their banks have had a hard time recently. But I don't think the Germans will be this time, not because of the Euro but because of their industrial strength.

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

my plea is "not guilty" Your Honour! there's nothing wrong holding a few pounds. but preferably they should be held in the portfolio... not in one's pocket and not exceeding 3% of the total net

p.s. investing in British Pounds was my favourite pastime from 1978 till 1992. during this period i held sometimes exclusively GBP. for the first several years British gilts yielding up to 14% and then later a specific emerging markets bond with top yields reaching in excess of 25% per annum. twice a year i was always very pleased when i saw on my account that the Chancellor of the Exchequer had again transferred what was due from the British Empire to my bank in Luxembourg. those were the days!

then in september 1992 came George Soros and i was forced to move to greener pastures.

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

my plea is "not guilty" Your Honour! there's nothing wrong holding a few pounds. but preferably they should be held in the portfolio... not in one's pocket and not exceeding 3% of the total net

p.s. investing in British Pounds was my favourite pastime from 1978 till 1992. during this period i held sometimes exclusively GBP. for the first several years British gilts yielding up to 14% and then later a specific emerging markets bond with top yields reaching in excess of 25% per annum. twice a year i was always very pleased when i saw on my account that the Chancellor of the Exchequer had again transferred what was due from the British Empire to my bank in Luxembourg. those were the days!

then in september 1992 came George Soros and i was forced to move to greener pastures.

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

This being the season of goodwill, Smokie, I hope it does. And a Happy New Year to you too.

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

This being the season of goodwill, Smokie, I hope it does. And a Happy New Year to you too.

Also to you isanbirder. Lang may your lum reek....

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

my plea is "not guilty" Your Honour! there's nothing wrong holding a few pounds. but preferably they should be held in the portfolio... not in one's pocket and not exceeding 3% of the total net

p.s. investing in British Pounds was my favourite pastime from 1978 till 1992. during this period i held sometimes exclusively GBP. for the first several years British gilts yielding up to 14% and then later a specific emerging markets bond with top yields reaching in excess of 25% per annum. twice a year i was always very pleased when i saw on my account that the Chancellor of the Exchequer had again transferred what was due from the British Empire to my bank in Luxembourg. those were the days!

then in september 1992 came George Soros and i was forced to move to greener pastures.

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

where did i advise you to buy gold?

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

my plea is "not guilty" Your Honour! there's nothing wrong holding a few pounds. but preferably they should be held in the portfolio... not in one's pocket and not exceeding 3% of the total net

p.s. investing in British Pounds was my favourite pastime from 1978 till 1992. during this period i held sometimes exclusively GBP. for the first several years British gilts yielding up to 14% and then later a specific emerging markets bond with top yields reaching in excess of 25% per annum. twice a year i was always very pleased when i saw on my account that the Chancellor of the Exchequer had again transferred what was due from the British Empire to my bank in Luxembourg. those were the days!

then in september 1992 came George Soros and i was forced to move to greener pastures.

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

where did i advise you to buy gold?

I just assumed...have I misread the market again?

I tried to change some sterling at a bank in Vietnam today and was told they only accept dollars or euros.

I'm holding you personally responsible for this Naam!

endquote Smokie

my plea is "not guilty" Your Honour! there's nothing wrong holding a few pounds. but preferably they should be held in the portfolio... not in one's pocket and not exceeding 3% of the total net

p.s. investing in British Pounds was my favourite pastime from 1978 till 1992. during this period i held sometimes exclusively GBP. for the first several years British gilts yielding up to 14% and then later a specific emerging markets bond with top yields reaching in excess of 25% per annum. twice a year i was always very pleased when i saw on my account that the Chancellor of the Exchequer had again transferred what was due from the British Empire to my bank in Luxembourg. those were the days!

then in september 1992 came George Soros and i was forced to move to greener pastures.

endquote Naam

I've taken your advice and swapped all of my pounds for a heavy gold chain which I'm now wearing 24/7. I hope the price of gold goes up significantly in the next few days as I'm running out of Dong...

endquote Smokie

where did i advise you to buy gold?

endquote Naam

I just assumed...have I misread the market again?

You've not gone and got all your teeth crowned?

SC

They were offering 8 HK dollar to the Scottish pound on Sunday in Chung King Mansions .

They were offering 8 HK dollar to the Scottish pound on Sunday in Chung King Mansions .

Tell them to TT the money to my RBOS account and I'll buy every pound they've got.

Last time I was there, I went up the wrong stair, and had the ropiest dinner I'd ever had in HK, bar the fishballs that made me chunder during the Scotland France game in 2001. I felt much better by the time I got home, and watched the second half tucked up safely in bed. As I said afterwards; could've been worse... I could've seen the whole game.

SC

(Not actually sure I recollect correctly all the details - specifically, which match it was).

A great place for curries, great taste but dubious ingredients and no hygiene whatsoever. But if anybody's selling Scottish pounds for HK$8, I want to be in on the act.

A great place for curries, great taste but dubious ingredients and no hygiene whatsoever. But if anybody's selling Scottish pounds for HK$8, I want to be in on the act.

And the betel stains that look like somebody's been stabbed on every landing. Or so that you can't tell which landing the crime took place on, more like.

SC

Meandering back on topic, by way of a digression (or a regression?) anyone interested in strong currencies might care to read up on the speculators' attack on the HK dollar in 1998, if my recollection for dates serves me well...

Meandering back on topic, by way of a digression (or a regression?) anyone interested in strong currencies might care to read up on the speculators' attack on the HK dollar in 1998, if my recollection for dates serves me well...

actually the first attack on HKD was in october 1997 followed by three (or four?) attacks in 1998. none of them was successful, the peg USDHKD held like granite. the biggest deviations from the peg were ±0.2% causing Soros et al to withdraw and lick their wounds.

in this context it's perhaps worthwhile to mention that Soros lost with a single currency speculation in late summer 1998 (USDRUB) whatever he gained when he broke the back of the Bank of England in 1992.

not exactly worthwhile to mention is that a certain Klingon (i don't want to be specific and mention a name) was stupid enough to go end of july 1998 on a six week long jungle trip without proper means of communication. when he returned to civilisation mid of september, switched on his PC and looked at some numbers it did not take long till the cold sweat of fear running down his back formed a puddle on the floor.

not exactly worthwhile to mention is that a certain Klingon (i don't want to be specific and mention a name) was stupid enough to go end of july 1998 on a six week long jungle trip without proper means of communication. when he returned to civilisation mid of september, switched on his PC and looked at some numbers it did not take long till the cold sweat of fear running down his back formed a puddle on the floor.

:lol:

Well, it's a year on from the original posts in this thread.

France has lost it's credit rating. Britain has not - but let's see after Wednesday.

So now the French want to take over the financial services provided by London.

http://www.telegraph.co.uk/finance/financialcrisis/9717997/French-bank-governor-calls-for-London-to-be-sidelined.html

This would, of course. bankrupt the entire world, with people like DSK running the show.

Do you want to live in a world-wide Greek tragedy?

Well, it's a year on from the original posts in this thread.

France has lost it's credit rating. Britain has not - but let's see after Wednesday.

So now the French want to take over the financial services provided by London.

http://www.telegraph...-sidelined.html

This would, of course. bankrupt the entire world, with people like DSK running the show.

Do you want to live in a world-wide Greek tragedy?

"... provided in London".

I'm not sure that governments have any choice about where financial services are provided; all they can do is use service providers, and hinder them to a greater or lesser extent.

SC