Time to start forming exit strategies from the Euro rather than recovery plans which are proving futile

Attack on the euro it’s must be a new movie. If sovereign nations can’t stand up and ban non sovereign nations e.g. hedge funds, banks etc from trading in debt, but isn’t that the problem in the so called free market where too much freedom has been given to banks hedge funds and freedom is being taken from sovereign nations. What the markets do is up to them they are the ones running the show now aren’t they?

Media reports that Norway and Denmark are bracing for impact. Any indications of activity from the Irish state?
http://www.businessweek.com/news/2011-11-17/norway-is-braced-for-worsening-of-euro-debt-crisis-johnsen-says.html

It seems like a systematic campaign, moving like locusts from one country to another.

FFS…fed up of the crack now, we’r all going down the swanney together.

Currencies of highly indebted nations have always been the subject of speculative pressure. Remember what happened to the pound in 1966/7 and more recently in 1991. It happened to the dollar in 1974 forcing it to abandon the gold standard. Japan and Switzerland regularly get the reverse pressure forcing up the value of their currencies.

In all the above life continued, hardships were endured, changes made and the wagon moved on. There is only one way to avoid speculative onslaught – don’t borrower their money,

The miltary industrial complex is taking control. Its not as if we werent warned this would happen by Eisenhower and Kennedy.

There’s a really easy way to avoid being at the mercy of these “locusts”. Don’t borrow money. All these people are doing is demanding a higher interest rate on the money they are willing to lend us. Evil b@stards…..

Well, we can’t borrow out way out of the hole we are in. I think the next step is a joint agreement on EU debt forgiveness rather than ‘burning the bond holders’.