I won’t miss it, but then, I don’t travel to Europe all that much.
13 thoughts on “The Euro As We Know It”
I’ve been to Greece and Turkey, both before the Euro. Would they have avoided their current crisis if the Euro was backed by gold or silver?
I’d have to check my passport for the year, but a million Turkish Lira would about get you a cup of coffee. The Drachma wasn’t so bad but still seemed like funny money. You could live large for a few hundred bucks a month (in the early 1980’s.)
It also seems to me, if you exchange a dozen currencies for one, you’ve created a single point of failure and thus less robust.
George Soros must be rubbing his hands in glee.
“The Euro As We Know It … is dead. I won’t miss it”
I miss the Deutsche Mark, and I don’t even live there anymore.
Maybe we’ll get it back again eventually? I’m sure they still have the plates locked up somewhere.
The Chinese will miss it — Europe is the biggest buyer of Chinese goods, and since the yuan is basically tied to the dollar…
I just bought some Scuba gear from Europe. Now is a good time to buy European stuff.
I saved a 10 mark note from the before-time. Is there any other country that features a mathematician (Gauss) AND both a plot and the equation (Gaussian function) on a currency note?
Astra, I’m thinking that governments which value science over superstition and fear are in the distinct minority.
If I ha a pound for everytime the Torygraph pronounced the Euro dead I’d have…. Dunno actually, probably at least a tenner.
You really have awful taste in sources.
The irony that you like to cherry puck bits fom the press that you insist is dying to support points you agree with is not lost on me either.
The Deutschmark will come back in some form. This will be good not only for the Germans, but given how the rest of the world, including the U.S. likes to inflate their currency, but for the rest of the world as well. Once the Deutschmark returns, the situation in Europe will stabilize.
What’ll be the first European nation to switch from the Euro to Lindens?
Once again, lacking the depth to actually discuss the issue, Daveon leaves a trademark shallow comment.
I’m sure he was reading how the Euro had 3 days of growth, and then it dropped today, after Obama called Merkel and they congratulated each other for spending money. Those crazy investors; don’t they know that spending, lots of spending, is the way to fix a debt crisis?
Absolutely Leland,
First you write a check to cover your credit card, then use your credit card to put money in the bank. What could go wrong?
I’ve been to Greece and Turkey, both before the Euro. Would they have avoided their current crisis if the Euro was backed by gold or silver?
I’d have to check my passport for the year, but a million Turkish Lira would about get you a cup of coffee. The Drachma wasn’t so bad but still seemed like funny money. You could live large for a few hundred bucks a month (in the early 1980’s.)
It also seems to me, if you exchange a dozen currencies for one, you’ve created a single point of failure and thus less robust.
George Soros must be rubbing his hands in glee.
“The Euro As We Know It … is dead. I won’t miss it”
I miss the Deutsche Mark, and I don’t even live there anymore.
Maybe we’ll get it back again eventually? I’m sure they still have the plates locked up somewhere.
The Chinese will miss it — Europe is the biggest buyer of Chinese goods, and since the yuan is basically tied to the dollar…
I just bought some Scuba gear from Europe. Now is a good time to buy European stuff.
http://www.youtube.com/watch?v=XM7_znfqazw
I saved a 10 mark note from the before-time. Is there any other country that features a mathematician (Gauss) AND both a plot and the equation (Gaussian function) on a currency note?
Astra, I’m thinking that governments which value science over superstition and fear are in the distinct minority.
If I ha a pound for everytime the Torygraph pronounced the Euro dead I’d have…. Dunno actually, probably at least a tenner.
You really have awful taste in sources.
The irony that you like to cherry puck bits fom the press that you insist is dying to support points you agree with is not lost on me either.
The Deutschmark will come back in some form. This will be good not only for the Germans, but given how the rest of the world, including the U.S. likes to inflate their currency, but for the rest of the world as well. Once the Deutschmark returns, the situation in Europe will stabilize.
What’ll be the first European nation to switch from the Euro to Lindens?
Once again, lacking the depth to actually discuss the issue, Daveon leaves a trademark shallow comment.
I’m sure he was reading how the Euro had 3 days of growth, and then it dropped today, after Obama called Merkel and they congratulated each other for spending money. Those crazy investors; don’t they know that spending, lots of spending, is the way to fix a debt crisis?
Absolutely Leland,
First you write a check to cover your credit card, then use your credit card to put money in the bank. What could go wrong?