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| EU breaks up |
| yes |
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53% |
[ 7 ] |
| no |
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46% |
[ 6 ] |
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| Total Votes : 13 |
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Channel GannoK
pffrt
 Reputation: 130
Joined: 12 Apr 2008
Posts: 608
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 Posted: Wed Mar 09, 2016 11:55 am Post subject: |
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| ControlAltDelete wrote: | | TELL YOUR PSYCHIATRIST ABOUT YOUR DRUG ABUSE SO YOU CAN BE DIAGNOSED PROPERLY |
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deleted19776
I post too much
![]() Reputation: 11
Joined: 29 Apr 2007
Posts: 3838
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| Posted: Wed Mar 09, 2016 3:06 pm Post subject: |
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| AverageAzn247 wrote: | | Waxxup wrote: | | bob_lee wrote: | | Waxxup wrote: | | Would be a good thing for America. More purchasing power over European goods without a consolidated currency. |
the moment a break up occurs, get ww3 rdy.
honestly why do u even comment. |
With that simplistic of an analysis, why do YOU comment? I'm still thinking more thoroughly and here's what I come up with:
No more Euro would mean European goods get cheaper, but also makes it harder to export to Europe due to no one strong currency anymore. Nationalist movements further splinter Europe giving US further power over Europe, that's good. Economy goes down and investment opportunities become cheaper as well, good for American investors. As a side note, this would be good for Greece now that Greece can implement its own quantitative easing program to help it get out of its shithole.
Overall, I like it. |
lol no your understanding of economics is shit. Its terrible for america because losing one of biggest trade partners is terrible. American exports are getting rekt by the relative appreciation of the dollar to euro. A collapse in the euro would only make this imbalance worse. Although i do agree with the idea of EU getting a hair cut and kicking out certain countries. |
You just reiterated what i said. American exports are hurt, but consumers get cheaper imports from Europe. That's gonna be a hit to our GDP of course.
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paupav
Master Cheater
![]() Reputation: 13
Joined: 15 Apr 2011
Posts: 314
Location: P. Sherman 42, Wallaby Way, Sydney
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| Posted: Wed Mar 09, 2016 3:51 pm Post subject: |
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| So a lot of Americans will lose jobs.
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AverageAzn247
Grandmaster Cheater
 Reputation: 34
Joined: 01 Oct 2007
Posts: 909
Location: Austin,TX with 72 virgins
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| Posted: Wed Mar 09, 2016 7:14 pm Post subject: |
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| paupav wrote: | | So a lot of Americans will lose jobs. |
everyone loses. Reduce trade is never good. See hawley smoot tariff.
_________________
| Waxxup wrote: | What are Night Elves?
A girl group? |
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