Well that's no good.

Why so tense?

Wait, you mean to tell me that prices are declining from the highs generated during an artificially created speculative bubble?

Shocking. I implore you all to initiate irrational activity based on the belief of your imminent demise.

English, much?

All your Euros are belong to us.

unyon: I implore you all to initiate irrational activity based on the belief of your imminent demise.

Done and done!

Or it may be that printing up several trillion US dollars may have affected the Euro a wee bit. I've got some Euros stuffed in my metaphorical mattress for a rainy day.

Marcus Aurelius: Or it may be that printing up several trillion US dollars may have affected the Euro a wee bit. I've got some Euros stuffed in my metaphorical mattress for a rainy day.

Haha, you're saving a currency that is going to be dead within 10 years. The dollar may die, but it won't before the Euro does.

So this *is* the Final Countdown after all.

Experience deflation?
I bet all those WoW players in Europe are pissed.

Related to the collapse in dividend from the gerundive market, dangerous agenda if you ask me.

Look cons you can go move away to Europe, the socialist place is now Ron Paul wonderland

I blame socialism.

Quick.... hurry up and adopt all of their policies.

Jean-Claude Trichet is the most important central banker in the world

Oooooohhhh. Look at me. I'm Jean-Claude Trichet. I'm the most important central banker in the world. All those peons from the left banks and right banks can lick my golden emblazoned taint, because I rock the central bank like Sinatra rocked crotches. I'm a foppish dandy who wears a funny little hat when I go to the market. I'm the mayor of Bankerton, capital of Bankstralia. I piss diamonds and shiat emeralds. People in Uganda bottle my farts and use it as currency. I'm so f*cking rich my name has two first names, a hyphen and a superflous "t." I'm soooooo special. My name is Jean-Claude Trichet. SUUUUCCCKKK MY DIIIIICKKKK.

/at least that's what I would say if I was Jean-Claude Trichet.

You see when oil producers collude to create the highest profits ever generated prices tend to increase. Then prices come back down. It's not really deflation. It's discontinued transfer of wealth.

GAT_00: Marcus Aurelius: Or it may be that printing up several trillion US dollars may have affected the Euro a wee bit. I've got some Euros stuffed in my metaphorical mattress for a rainy day.

Haha, you're saving a currency that is going to be dead within 10 years. The dollar may die, but it won't before the Euro does.

And you base this outrageous statement on what?

Good.

Lost Thought 00: Good.

What do you mean good. Remember what happened last time Europe was in an economic crisis?

Doctor Funkenstein: Jean-Claude Trichet is the most important central banker in the world

Oooooohhhh. Look at me. I'm Jean-Claude Trichet. I'm the most important central banker in the world. All those peons from the left banks and right banks can lick my golden emblazoned taint, because I rock the central bank like Sinatra rocked crotches. I'm a foppish dandy who wears a funny little hat when I go to the market. I'm the mayor of Bankerton, capital of Bankstralia. I piss diamonds and shiat emeralds. People in Uganda bottle my farts and use it as currency. I'm so f*cking rich my name has two first names, a hyphen and a superflous "t." I'm soooooo special. My name is Jean-Claude Trichet. SUUUUCCCKKK MY DIIIIICKKKK.

/at least that's what I would say if I was Jean-Claude Trichet.

Oh thanks. Now I must use the little lord fauntleroy's room

12349876: Lost Thought 00: Good.

What do you mean good. Remember what happened last time Europe was in an economic crisis?

Delicious pies!

...that's what the ovens were for, right?

Their prices on goods are really high. An Italian girl that I was working with said that it is cheaper for her to fly to the US to buy some high priced electronics than to buy them in Italy.

/anecdotal evidence is a kind of evidence

12349876: What do you mean good. Remember what happened last time Europe was in an economic crisis?

They elected Margaret Thatcher?

You're right. We can't allow something that terrible to happen. NEVER AGAIN!

Jean-Claude Trichet is an awesome name. Especially the last name. Trichet. . . That's just awesome.

Can someone translate subby's headline into English, please?

At least it will stop the hyperinflation histrionics for a while

satanorsanta: Their prices on goods are really high. An Italian girl that I was working with said that it is cheaper for her to fly to the US to buy some high priced electronics than to buy them in Italy.

/anecdotal evidence is a kind of evidence

This is believable as unlikely as it may be. For a long time, Brits would fly to NYC or NJ on cheap fares to buy clothes and other things on the cheap thanks to the favorable exchange rate.

Doctor Funkenstein: Jean-Claude Trichet is the most important central banker in the world

Oooooohhhh. Look at me. I'm Jean-Claude Trichet. I'm the most important central banker in the world. All those peons from the left banks and right banks can lick my golden emblazoned taint, because I rock the central bank like Sinatra rocked crotches. I'm a foppish dandy who wears a funny little hat when I go to the market. I'm the mayor of Bankerton, capital of Bankstralia. I piss diamonds and shiat emeralds. People in Uganda bottle my farts and use it as currency. I'm so f*cking rich my name has two first names, a hyphen and a superflous "t." I'm soooooo special. My name is Jean-Claude Trichet. SUUUUCCCKKK MY DIIIIICKKKK.

/at least that's what I would say if I was Jean-Claude Trichet.

DNRTFA, but after reading that, there appears to be no need. LOLz abound.

// I experience happy

*bzzzt* HQ do you copy? We need a whole riot squad of Grammar-Nazis in this thread, NOW! *bzzzt*

relaxitsjustme: At least it will stop the hyperinflation histrionics for a while

No, no it won't.

I show them all the time how we had worse inflation during the gold standard and they still don't accept it.

This is why I thought that a European currency was a stupid idea. In the old days, each country had their own currency, so if one country fell, it would really only directly affect that country, and other more stable countries could step in and offer assistance to minimize the damage. Now, with the Euro, if Germany's economy tanks and the Euro falls, it affects 16 other countries simultaneously. France can't easily step in to help Germany if their economy is in trouble too thanks to the Euro's collapse.

Granted, the domino effect still existed under the old system, but it is much easier to stop 16 smaller dominoes than one large domino.

/Besides, I like collecting foreign coins
//Not an economist

redundant headline is redundant

Texas with a Dollarsign: This is why I thought that a European currency was a stupid idea. In the old days, each country had their own currency, so if one country fell, it would really only directly affect that country, and other more stable countries could step in and offer assistance to minimize the damage. Now, with the Euro, if Germany's economy tanks and the Euro falls, it affects 16 other countries simultaneously. France can't easily step in to help Germany if their economy is in trouble too thanks to the Euro's collapse.

Granted, the domino effect still existed under the old system, but it is much easier to stop 16 smaller dominoes than one large domino.

/Besides, I like collecting foreign coins
//Not an economist

It's almost like when the US moved away from having each state having a separate currency. Seems it worked for us in the long run.

You can't have commerce easily from state to state if the currency is different. That is the problem the US had and the problem the EU had.

12349876: Lost Thought 00: Good.

What do you mean good. Remember what happened last time Europe was in an economic crisis?

I rememember Germans vacationing in Paris, summercamps for the Polish jews and lots of news footage of Charlie Chaplin in a uniform.

Texas with a Dollarsign: [T]he domino effect still existed under the old system, but it is much easier to stop 16 smaller dominoes than one large domino.

The idea is that by having 16 countries using the same currency, you're attaching a support structure to the one and only domino. Because Italy might have a down year, while France sees GDP growth. The only thing that could hurt the Euro is systemic decline, perhaps brought on by a bubble econom-

Wait. Drat.

Texas with a Dollarsign: This is why I thought that a European currency was a stupid idea. In the old days, each country had their own currency, so if one country fell, it would really only directly affect that country, and other more stable countries could step in and offer assistance to minimize the damage. Now, with the Euro, if Germany's economy tanks and the Euro falls, it affects 16 other countries simultaneously. France can't easily step in to help Germany if their economy is in trouble too thanks to the Euro's collapse.

Granted, the domino effect still existed under the old system, but it is much easier to stop 16 smaller dominoes than one large domino.

/Besides, I like collecting foreign coins
//Not an economist

How do you explain this then: if the US economy tanks it affects a whole lot of countries independent from their currency.

Won't be long now.

Inescapable Future of Humanity: 12349876: What do you mean good. Remember what happened last time Europe was in an economic crisis?

They elected Margaret Thatcher?

You're right. We can't allow something that terrible to happen. NEVER AGAIN!

Came here for this.

But I am le tired.

clusterfrak: 12349876: Lost Thought 00: Good.

What do you mean good. Remember what happened last time Europe was in an economic crisis?

I rememember Germans vacationing in Paris, summercamps for the Polish jews and lots of news footage of Charlie Chaplin in a uniform.

Those were good times.

This thread are experience Engrish.

GaryPDX: Won't be long now.

You've made so many predictions, Gary, and none of them came true. None. Not a single one.

How come you're not embarrassed to continue on that path, Gary? I'm really curious. What is the source of your self-confidence in matters of politics?

GaryPDX 2009-06-30 05:27:33 PM
"Won't be long now."

Don't you get tired of being wrong all the time?

I was in Paris for my honeymoon a week ago and noticed deep sales going on everywhere. Clothing was especially hard hit with markdowns like 40 or 50% off. London uses the pound but they were going on and on about unemployment on the news. I think England is heading in the deflationary route as well.

Hetfield: GaryPDX: Won't be long now.

You've made so many predictions, Gary, and none of them came true. None. Not a single one.

How come you're not embarrassed to continue on that path, Gary? I'm really curious. What is the source of your self-confidence in matters of politics?

Some people just enjoy making others upset. We call them sociopaths. Or trolls, whatever.

BergZ: GaryPDX 2009-06-30 05:27:33 PM
"Won't be long now."

Don't you get tired of being wrong all the time?

Hetfield: GaryPDX: Won't be long now.

You've made so many predictions, Gary, and none of them came true. None. Not a single one.

How come you're not embarrassed to continue on that path, Gary? I'm really curious. What is the source of your self-confidence in matters of politics?

whoa..two personal attacks in a row...lol. Fishing is good.

If Europe deflates, that's going to make skiing in the Alps kind of problematic. Guess it's Nordic skiing for all!

GaryPDX: Won't be long now.

make that 3

Hetfield: GaryPDX: Won't be long now.

You've made so many predictions, Gary, and none of them came true. None. Not a single one.

How come you're not embarrassed to continue on that path, Gary? I'm really curious. What is the source of your self-confidence in matters of politics?

I think "Won't be long now" was in reference to the quickness with which a farker would take his trollbait.