#Login Register


  • 0 Vote(s) - 0 Average
Home 


Okay guys time to put on your thinking caps $400,000 prize offered to break up the euro!
11-12-2011, 05:23 AM #1
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,585 Threads:1,443 Joined:Feb 2011
Quote:Economists are terrified about the chaos they expect if some countries decide to stop using the euro. But one person thinks there may be a way to jump ship safely -- and he's got a $400,000 bounty for anyone who can figure out how to do it.

Simon Wolfson, the CEO of European retailer NEXT, is offering a prize of £250,000 -- about $400,000 -- to the person or group that comes up with the solution for how one or more of the 17 countries now using the European common currency can stop using it without causing a massive shock to the global financial system.

"There is now a real possibility that political or economic pressure may force one or more states to leave the euro," said Wolfson in a statement announcing the prize. "If this process is mismanaged it could threaten European savings, employment and the stability of the international banking system. This prize aims to ensure that high quality economic thought is given to how the euro might be restructured into more stable currencies."
Read more: http://money.cnn.com/2011/11/11/news/int...ce=cnn_bin

Food for thought eh? I'm willing to devote some time to this, but right off the bat the IMF has to go. They are the single biggest demon the world faces right now. More to come....

wonder.gif
11-12-2011, 05:27 AM #2
Octo Mother Superior
Posts:43,375 Threads:1,483 Joined:Feb 2011
Hemp based economy! yay.gif Oh, wrong thread...no wait hmm.gif
11-12-2011, 05:31 AM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,585 Threads:1,443 Joined:Feb 2011
Well, it's certainly sustainable for eternity, as where the present system is based on unsustainable false hoods, corporate fascism based policies by governments and banks that print "faith based" money out of thin air based on debt nobody can ever repay.

wonder.gif
11-12-2011, 06:28 AM #4
Shadow Mrs. Buckwheat
Posts:12,775 Threads:1,181 Joined:Feb 2011
Back the currency with ink. The more it's printed the less it's worth.
11-12-2011, 05:19 PM #5
Kreeper Griobhtha
Posts:10,850 Threads:656 Joined:Feb 2011
Shut down all the banks and forgive all debts owed them.


.

Politicians hide themselves away
They only started the war
Why should they go out to fight?
They leave that role to poor



Home 




 



DISCLAIMER / Terms of Service (TOS):
Kritterbox.com - Socialize anonymously, commentary, discussion, oddities, technology, music and more!  This website is provided "as is" without warranty of any kind, either expressed or implied. kritterbox.com shall not be liable for any damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site or other documents which are referenced by or linked to this site.
This website exists solely for the purposes of exchange of information, communication and general entertainment. Opinions from posters are in no way endorsed by kritterbox.com. All posts on this website are the opinion of the authors and are not to be taken as statements of fact on behalf of kritterbox.com. This site may contain coarse language or other material that kritterbox.com is in no way responsible for. Material deemed to be offensive or pornographic at the discretion of kritterbox.com shall be removed. kritterbox.com reserves the right to modify, or remove posts and user accounts on this website at our discretion. kritterbox.com disclaims all liability for damages incurred directly or indirectly as a result of any material on this website. Fictitious posts and any similarity to any person living or dead is coincidental.
All users shall limit the insertion of any and all copyrighted material to portions of the article that are relevant to the point being made, with no more than 50%, and preferably less of the original source material. A link shall be visible in text format, embedded directly to the original source material without exception.
No third party links, i.e. blogs or forums will be accepted under any circumstances, and will be edited by staff in order to reflect the original source of copyrighted material, or be removed at the sole discretion of kritterbox.com.
Fair Use Notice:
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. Users may make such material available in an effort to advance awareness and understanding of issues relating to economics, individual rights, international affairs, liberty, science, and technology. This constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C.Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for educational and/or research purposes.
This Disclaimer is subject to change at any time at our discretion.
Copyright © 2011 - 2017 kritterbox.com