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Realistbear

No Market Alarm As Euro Survival Put At Only 1 In 5 Chance By C E B R

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http://uk.finance.yahoo.com/news/Euro-one-five-chance-survival-tele-1088587885.html?x=0

Euro has 'one in five chance' of survival, warns CEBR
Philip Aldrick, 16:47, Monday 13 December 2010
The chances of the euro surviving in its current form have been put at "one-in-five" by one of the UK's leading economics consultancies.
In a research paper published today, the Centre for Economics and Business Research (CEBR) claims that keeping "the euro alive will require cuts in living standards greater than the UK faced in the Second World War" for weaker eurozone members.
"There is no modern history of falling living standards in peacetime on the scale necessary to keep the euro in its current form. This is why I think there is at best a one-in-five chance that the euro will survive as it is," Douglas McWilliams, CEBR chief executive, said.

So an 80% chance of failure. Bit worse than one of the Muppets estimated a few days ago.

Is this the ultimate contra indicator which would trigger a buy on the Euro and Pound? Nothing like the liklihood of a collapse to spur confidence in a currency. :lol:

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RealistBear the website you've linked this thread to is packed to the gills with trojans, spyware, and malware!!! :blink:

Seems fine to me, avira hasn't any issue with it. This is using Flashblock on Firefox.

Regards

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I'm using Fedora with Squid proxy server (not related to the vampire squid) that blocks out any feed through black-listed sites.. Haven't detected any problems, but I'll do a scan just in case...

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  • 276 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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