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Finns Prepare For Euro's End
08-17-2012, 04:03 PM #1
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Quote:In a somewhat stunning show of truthiness, perhaps the first cracks in Europe's Nash Equilibrium are starting to show through following Monti's 'threats', Draghi's 'promises', and Merkel's 'well, nothings'. The Finn continues, via Reuters, "Either the south or the north will break away because this currency strait-jacket is causing misery for millions and destroying Europe's future."



08-17-2012, 04:20 PM #2
Octo Mother Superior
Posts:43,691 Threads:1,499 Joined:Feb 2011
Quote:On Friday morning Tuomioja said in an interview with the Finnish Broadcasting Company (YLE) that The Daily Telegraph's somewhat flamboyant headline, "Finland prepares for break-up of eurozone", was misleading.
He said that he had merely stated something that should be self-evident - that ministries need to consider the possibility that the euro might break up.
He also criticised four eurozone leaders for a lack of transparency.


Seems like months ago this was in the news as well where EU countries were told to make contingency plans. I'm sure they have and it's a little interesting that this statement would be considered sensational. 13.gif

08-17-2012, 04:21 PM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,852 Threads:1,453 Joined:Feb 2011
We saw this last night, and we've read it so many times locally, after discussing it we didn't post it. chuckle.gif It's the obvious really, if it lasts till mid September it will surprise me.
The greenback and all other debt based currency are going to tumble too, just in time for Berry to play the martial law card and cancel the elections that he can't win because he's done nothing but give the banks head for nearly 4 wars...er years, sorry.
Win win for the POO. Especially now that they legalized theft, and the banks can keep your money for themselves in case of emergency.

08-17-2012, 11:26 PM #4
yankees skier
Posts:5,889 Threads:215 Joined:Feb 2011

08-18-2012, 12:16 AM #5
Octo Mother Superior
Posts:43,691 Threads:1,499 Joined:Feb 2011
Well it's kinda interesting how msm is jumping on any little tidbit of qualified opinions regarding the euro mess. The crisis is stagnating and that's not good for business. Media over here has mainly been noticing how much attention this interview got in media worldwide.

I lol'd at this:

Quote:Finland prepares for the break-up of the 'catastrophic eurozone causing misery for millions'

Finland's foreign minister believes collapse is 'only a matter of time'

The senior politician warned that there was only a limited amount of time that rich smaller countries such as Finland could continue paying for profligate southern neighbours.


Sensationalize much? beerbong.gif lmao.gif

Mr. Tuomioja is usually a humble and diplomatic man so the most explosive thing in this interview was imo:

Quote:He voiced deep suspicion of plans by a “gang of four” EU insiders — including the European Central Bank’s Mario Draghi — to ensnare member states into some form of fiscal union. “I don’t trust these people,” he said.

I don't know how many times 'preparing for a contingency plan' has appeared in msm since this shït started rolling downhill so interesting this particular statement was so bold... I guess it's part of the dramaturgy of this play.


Dramaturgy is the art of dramatic composition and the representation of the main elements of drama on the stage.

08-19-2012, 07:33 PM #6
Octo Mother Superior
Posts:43,691 Threads:1,499 Joined:Feb 2011
German eurosceptics quietly hope that Finland will become the first creditor state to storm out of monetary union in disgust, opening the way for others to break free.

Once Finns break the taboo, it would be easier for Germany to extricate itself from an escalating national disaster without inviting opprobrium from across Europe, or so goes the argument.

“We can’t start this off, but the Finns can,” said Hans-Olaf Henkel, former head of Germany’s industry federation.


08-19-2012, 08:08 PM #7
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,852 Threads:1,453 Joined:Feb 2011
The EU countries need to go back to their former currencies immediately. It's only going to be a crisis if we wake up one morning and the Euro is totally worthless and don't have marks as backup.




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