Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by rufuspaul
I was in France in 1999 before the Euro and they weren't doing so bad.
it's a whole other ballgame switching back though. think about the contracts, investments, loans, etc. all in one currency which you now want to just drop and switch to another. for all of that to be converted faithfully so as to avoid thousands of people getting royally f*cked out of what they thought was a guarantee, the transition period would have to be unbelievably carefully planned. which it wouldn't be because default would be a worst case scenario. then you have to get the new currency, franc or whatever, back into reserve banks around the world so that it's faithfully backed by enough international confidence that the french themselves feel comfortable using it... and international recognition would only come around after the french economy settled... which it wouldn't for all the reasons above
i'm sure a lot of that is bs, i'm just kind of describing what i think would be the problems based on common sense and what i've read. point is, it'd be a messy affair. there's a reason even political gridlock like in the eu is still managing to forward greece's bailout installments and the ecb is overstepping its mandate buying up national bonds of failing states to shore up market confidence and all that crap.
Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by JtotheIzzo
Its not the first time the Socialist party has been in power in France.
I like how the Fox News buzz word (socialist) has you guys all up in a lather.
This. Socialist governments are and have always been common in Europe. Furthermore, it's not socialism, but rather socialdemocracy. Nothing new under the sun. No offense, greatgreg, but try to get past the headlines and educate yourself a bit before making yourself look like a dunce.
Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by RidonKs
it's a whole other ballgame switching back though. think about the contracts, investments, loans, etc. all in one currency which you now want to just drop and switch to another. for all of that to be converted faithfully so as to avoid thousands of people getting royally f*cked out of what they thought was a guarantee, the transition period would have to be unbelievably carefully planned. which it wouldn't be because default would be a worst case scenario. then you have to get the new currency, franc or whatever, back into reserve banks around the world so that it's faithfully backed by enough international confidence that the french themselves feel comfortable using it... and international recognition would only come around after the french economy settled... which it wouldn't for all the reasons above
i'm sure a lot of that is bs, i'm just kind of describing what i think would be the problems based on common sense and what i've read. point is, it'd be a messy affair. there's a reason even political gridlock like in the eu is still managing to forward greece's bailout installments and the ecb is overstepping its mandate buying up national bonds of failing states to shore up market confidence and all that crap.
Oh I understand what you're saying. I wonder if the solution would be a contraction of the Eurozone, i.e. kicking out Greece, Spain, Portugal. The same problems that you describe would exist for those countries but perhaps without as much of a global effect.
Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by Kobe 4 The Win
So the people that produce, innovate, work hard, take risks with their money, and employ people should but continue to pay for those that want to sit on their a$$. How much of their money should the government take. 75%, 85%? What's fair? You guys are nuts.
People making millions or billions of dollars should be paying a lot more.
Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by SuperPippen
Indeed. The Revolutionary War wouldn't have been won without France's aid.
Socialism isn't inherently good or bad. Neither is Capitalism, for that matter. It all depends upon the manner in which the the government is enforced, and how the leader specifically chooses to act.
If France can make this shit work, go them. If not, well, hopefully they don't start any wars.
It's not just that. The English language would be totally different if we didn't borrow half of our vocabulary from French. And there are plenty of french words we mangled and then re-created in english. Here are some interesting examples I read recently...
The french word "La guerre" became War
"Guilliame" became William
"Garantie" became Warranty. Also became Guarantee in another sense.
"Aux arcs" (literally "to the arks") became Ozarks (mountain range in Arkansas)
Mush! (the order given to dogs by their trainers) is a mispronunciation of the french command Marche! (means Walk!)
Tennis is a mispronunciation of Tenez!. There's an old game the french introduced to America called Paume (ancestor to Tennis). During the game, the server would yell tenez! (take that!). This command eventually morphed into the word tennis.
September 11, 1789 during a vote before the king of France, royalists and reactionaries arranged themselves to the King's right while revolutionaries and liberals arranged themselves to his left. This is why today, conservatives are considered the right and liberals are considered left.
The only way real estate makes literal sense is by looking at it's french origin. "Real" is a synonym for royal and regal in ancient french. "Real" was the only one of the three that was dropped in english due to under use -- except when referring to real estate. Meant the same thing as royal estate back then. English today doesn't really have a meaning for "real" in the sense of real estate except through french. Leal, loyal and legal were the same way (synonyms for each other), but of course no one uses leal today under any circumstances.
I got this from a very interesting book on the history of the french language called, "The Story of French" (english version) or "Le français, quelle histoire!" (french version).
Re: France elects a Socialist President, way to go France!
Quote:
Originally Posted by Da_Realist
It's not just that. The English language would be totally different if we didn't borrow half of our vocabulary from French. And there are plenty of french words we mangled and then re-created in english. Here are some interesting examples I read recently...
The french word "La guerre" became War
"Guilliame" became William
"Garantie" became Warranty. Also became Guarantee in another sense.
"Aux arcs" (literally "to the arks") became Ozarks (mountain range in Arkansas)
Mush! (the order given to dogs by their trainers) is a mispronunciation of the french command Marche! (means Walk!)
Tennis is a mispronunciation of Tenez!. There's an old game the french introduced to America called Paume (ancestor to Tennis). During the game, the server would yell tenez! (take that!). This command eventually morphed into the word tennis.
September 11, 1789 during a vote before the king of France, royalists and reactionaries arranged themselves to the King's right while revolutionaries and liberals arranged themselves to his left. This is why today, conservatives are considered the right and liberals are considered left.
The only way real estate makes literal sense is by looking at it's french origin. "Real" is a synonym for royal and regal in ancient french. "Real" was the only one of the three that was dropped in english due to under use -- except when referring to real estate. Meant the same thing as royal estate back then. English today doesn't really have a meaning for "real" in the sense of real estate except through french. Leal, loyal and legal were the same way (synonyms for each other), but of course no one uses leal today under any circumstances.
I got this from a very interesting book on the history of the french language called, "The Story of French" (english version) or "Le français, quelle histoire!" (french version).
Re: France elects a Socialist President, way to go France!
I like it when these kind of guys open their mouths. What this guy is planning to do will destroy France.
