Euro being Pop - Credit Crunch 2.0?

Discussion in 'Fred's House of Pancakes' started by GrumpyCabbie, Dec 1, 2011.

  1. GrumpyCabbie

    GrumpyCabbie Senior Member

    Joined:
    Dec 14, 2009
    6,723
    2,117
    45
    Location:
    North Yorkshire, UK
    Vehicle:
    2010 Prius
    Model:
    III
    Not sure if it's making the News in the US, but it looks like the Euro currency could be about to hit the skids any time soon;

    BBC News - Bank says economic climate 'extraordinarily serious'


    The UK isn't in the Euro and the US certainly isn't but it could have a very serious knock on effects for us all. So will we head into another 'credit crunch' and will it be worse than the first back in 2008?
     
    #1 GrumpyCabbie, Dec 1, 2011
  2. hyo silver

    hyo silver Awaaaaay

    Joined:
    Mar 2, 2005
    15,232
    1,561
    0
    Location:
    off into the sunset
    Vehicle:
    2004 Prius
    Model:
    N/A
    It's definitely in the headlines here. News about Iceland is harder to come by, but there's certainly no shortage of reporting about global financial crises. It helps us keep our minds off the sixth extinction. ;)
     
    #2 hyo silver, Dec 1, 2011
  3. spiderman

    spiderman wretched

    Joined:
    Jul 5, 2009
    7,543
    1,552
    0
    Location:
    Alaska
    Vehicle:
    2010 Prius
    Model:
    II
    Oh yeah, we hear about it... it effects our markets directly. It is a bad situation all around and they want to add more gas to the fire.
     
    #3 spiderman, Dec 1, 2011
  4. GrumpyCabbie

    GrumpyCabbie Senior Member

    Joined:
    Dec 14, 2009
    6,723
    2,117
    45
    Location:
    North Yorkshire, UK
    Vehicle:
    2010 Prius
    Model:
    III
    BBC News - A happy ending for the euro?

    The French President is making a live speech on tv being shown in the UK in french! Unheard of, and then the Bank of England warning above. Something's happening.

    So, let's have a wager - when will the Euro fail?

    1, Within the week
    2, Within the year
    3, By the end of next year
    4, Never
     
    #4 GrumpyCabbie, Dec 1, 2011
  5. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    99,168
    44,926
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    whatever they are doing, wall street is loving it. dow jones went up almost 500 points yesterday.
     
    #5 bisco, Dec 1, 2011
(You must log in or sign up to post here.)
Loading...
Similar Threads - Euro being Credit
  1. PiPLosAngeles

    Solar & EV Credit Order

    PiPLosAngeles, Mar 22, 2021, in forum: Fred's House of Pancakes
    Replies:
    0
    Views:
    494
    PiPLosAngeles
    Mar 22, 2021
  2. Georgina Rudkus

    Grocery store shelves are being emptied all over the country...

    Georgina Rudkus, Mar 14, 2020, in forum: Fred's House of Pancakes
    Replies:
    642
    Views:
    26,399
    Prodigyplace
    May 11, 2020
  3. cwerdna

    11 foot 8 "can opener" bridge being raised :(

    cwerdna, Oct 19, 2019, in forum: Fred's House of Pancakes
    Replies:
    3
    Views:
    627
    noonm
    Oct 23, 2019
  4. bwilson4web

    Failing at being a crotchety old man

    bwilson4web, Jul 16, 2019, in forum: Fred's House of Pancakes
    Replies:
    34
    Views:
    1,560
    Mendel Leisk
    Jul 24, 2019
  5. Higgins909

    Is this procrastination or being lazy or what?

    Higgins909, Dec 25, 2018, in forum: Fred's House of Pancakes
    Replies:
    11
    Views:
    930
    The Electric Me
    Dec 26, 2018