The opening act, eh ?!

I always thought at least there’d be a few decent explosions when it came, didn’t think it would be caused by jowly lads with calculators.

It is quiet a responsible thing for the Brits to do.

I would advise everyone to have some cash in hand, sterling or dollars, even some euro’s and food for a week. As banks, atm’s will close down, when the currencies are changing over.

It is not like people are not having sufficient warning on this.

I’ve heard that the punt has already been printed.

Sure it can. Russia, the nineties

Argentina a few years back

Bring it on

It can happen Gavin, History has not ended, there are always good times, bad times and ultra shitty times. Look at from a historical perspective, we are only the 2nd/3rd generation in hundreds of years in this state, not country, that do not have to worry about being burnt out of their home or shot by her majesty’s finest or being felled by starvation.

Look at 100 years ago, Europe had the British, German, Russian, Austro-Hungarian and Ottoman Empire. The Ottoman empire was founded in 1299, the Brits had the largest, Austro Hungary, was very wealthy, as was Germany’s – an industrial power of its day. If you told anyone in 1911 that their time was over and that most would be gone within 10 years, no one would have believed it.

Banks will close when they change over is happening, it is to prevent disorderly runs on them.

This can happen, the only question now, is what will the EU do to prevent it happening. As of the last few years, they have done diddly squat to prevent this happening.

They also appear to be refusing to do anything about it at this very late stage.

How can they expect people to have trust in this currency, they can’t and they know that.

I heard that they were bust printing away lat week!

I agree with your analysis John, but I think that makes you this years official Grinch.

Well said John

I got a spinning top and an Orange for Christmas, Yipee.

I’d say that there is a good chance you are right John, the weakening of sentiment for the Euro over the last week alone has been incredible.

Just because you need access to a bank, never means that you will be able to. Banks were shut in Argentina. Bank noted will need at least to be stamped to show they are “Irish” euro and able to revalue to a lesser value.

Yup :-)

Yep, my bank manager keeps telling me that banks are for money not overdraft well I could well have the last laugh there.

Get second passport ! preferably from a country that isn’t in the euro!

No it will be herr merkel on the new punt….The germans already tell us what to do.

If the collapse is disorderly, I presume that there are already plans in place to close down the banks, convert it all to Sterling and re-open.After a few years, then return to the Punt, that is pegged to a basket of currencies.

I have problems with the above scenario, but I also accept the harsh logic in it.

The downside is that the 20% of the populace that are sore that this state is independent will push for us to become a province once more. England hardly gives a crap about anything above its midlands, why some here would think they would give a toss about us, is beyond me.

None of us could see if Saddam had the weapons or not, everyone can see the mess that the Euro is in. It is quiet a reasonable thing for them to do. Same as I hope that the Govt. here, have a plan to deal with a disorderly collapse of the Euro. It’s just common sense, when the odds are in favour of an event happening, you have to make plans just in case, even if it something you passionately hope against.

and not in a good way.