Wednesday, May 21, 2008

Now would you credit it -- British houses priced in Euros?

Bloomberg: Housing Bust Shakes Migration, Sparks Euro Talk: Matthew Lynn

So the economy is going down the pan, and all those nasty foreigners are going back home leaving no one to do the dirty work. But out of the doom and gloom comes the mighty Euro!
Fancify? Perhaps. Or perhaps not...

Posted by dude @ 08:31 PM (421 views) Add Comment

6 Comments

1. dude said...

Sorry -- fancify = fanciful. Fingers slipped. Still, I thought this was interesting, and it's in tune with what I think. It makes a change from those 'the Euro is doomed' articles!

Wednesday, May 21, 2008 08:38PM Report Comment
 

2. yoyo1 said...

I agree with points 1-3. However point 4 should read: 'employed immigrants shall purchase homes from the next unemployed UK generation' and point 5 should read: 'Euro becomes just a matter of course'.

Wednesday, May 21, 2008 09:56PM Report Comment
 

3. mken said...

Italy really was probably the last country able to join on the basis of falsified accounting
What chance does the UK have?

Wednesday, May 21, 2008 10:28PM Report Comment
 

4. sold 2 rent 1 said...

Let's skip the euro and go straight to a world currency, as the NWO want. NOT.

Wednesday, May 21, 2008 11:25PM Report Comment
 

5. uncle tom said...

This guy talks some sense, but then shows himself to be a complete idiot - utterly divorced from reality.

There is no, repeat NO, public enthusiasm for the euro, nor is there any prospect of such enthusiasm evolving. The euro is in God's waiting room, waiting for the event, sooner or later, that will put it out of its misery.

No-one who has their finger anywhere near the pulse of UK public sentiment, or indeed that of a sane economist, sees UK euro membership happening...

It will not happen, not today, not tomorrow, not ever, period!

What does it take to get these clowns to understand??

A generation ago we still had Maoist MP's who genuinely still believed their time would come - how DO people get so deluded?

Thursday, May 22, 2008 12:07AM Report Comment
 

6. planning4acrash said...

Absolute bloody nonsense. The pound would soar above the Euro if only the BOE raised interest rates!

Thursday, May 22, 2008 12:37AM Report Comment
 

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