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Finland: 'Prepare for eurozone breakup'
Deutsche Welle ^ | 08/17/12

Posted on 08/17/2012 7:04:20 AM PDT by TigerLikesRooster

Eurozone

Finland: 'Prepare for eurozone breakup'

Finnish politicians are beginning to evaluate the worst-case scenarios of the eurozone's debt difficulties. They have called on fellow European leaders to consider contingency plans should the currency union collapse.

Finland's Foreign Minister, Erkki Tuomioja, told the Friday edition of the Daily Telegraph that European leaders must be prepared for the possibility, however undesirable, of the euro area breaking up.

He stated in his interview with the right-leaning newspaper that Finnish officials had been preparing for the demise of the single currency in its present form with an operational plan for any eventuality.

Tuomioja hastened to add that a collapse of the euro wasn't anything that anybody - not even the euroskeptic opposition - in Finland was actively advocating, and especially not the government. "But we have to be prepared," he said. "It would not have to mean the end of the wider European Union and could make the EU function better in the end."

Finland's European Affairs Minister Alexander Stubb for his part told Reuters news agency that his country was 100 percent devoted to the euro and added that the foreign minister's speculation did not reflect the view of the whole government.

(Excerpt) Read more at dw.de ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: collapse; eu; euro; finland

1 posted on 08/17/2012 7:04:26 AM PDT by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 08/17/2012 7:05:47 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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To: TigerLikesRooster

I like how europe can break apart and nobody talks about Civil War. In this country you bring the subject up and its slash and burn.


3 posted on 08/17/2012 7:07:30 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

“Don’t Mention the War.”


4 posted on 08/17/2012 7:08:15 AM PDT by dfwgator
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To: central_va
I like how europe can break apart and nobody talks about Civil War. In this country you bring the subject up and its slash and burn.

Maybe because Europe is not a nation but a collection of nations.

5 posted on 08/17/2012 7:10:35 AM PDT by NeoCaveman ("If I had a son he'd look like B.O.'s lunch" - Rin Tin Tin)
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To: dfwgator

In my lifetime I’ve seen the USSR break up and the EU form and break apart without civil war. But we have to stay chained to FedGov™ under penalty of war. What an f-ed republic we have.


6 posted on 08/17/2012 7:12:10 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: TigerLikesRooster
Finland's European Affairs Minister Alexander Stubb for his part told Reuters news agency that his country was 100 percent devoted to the euro and added that the foreign minister's speculation did not reflect the view of the whole government

Sounds like a suicide pact to me.
7 posted on 08/17/2012 7:13:34 AM PDT by chaos_5
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To: NeoCaveman
Maybe because Europe is not a nation but a collection of nations.

It(EU) has a common military structure, NATO, and a common currency, euro, and a common central banking system. It has all the workings of a federal republic.

8 posted on 08/17/2012 7:14:48 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

But CW-II will be ideal way to cull libs.

Most are in cities.....and cities can be isolated.

Heh!


9 posted on 08/17/2012 7:14:56 AM PDT by Da Coyote
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To: NeoCaveman

Thatcher was right all along on this. The EU is not viable.

And it’s not viable for a lot of reasons which are becoming more obvious all the time.


10 posted on 08/17/2012 7:50:41 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: TigerLikesRooster

“A decade ago in her book Statecraft: Strategies for a Changing World, Margaret Thatcher famously described the European project as “perhaps the greatest folly of the modern era.” Today, a large percentage of continental Europeans would agree with the Iron Lady, as the EU’s delusions of grandeur start to crumble. Her ideas have triumphed over those of Jacques Delors and the architects of a doomed Eurofederalism.

Lady Thatcher’s dire warnings of the dangers of a European superstate were years ahead of her time, but never more relevant than they are today, as Europe faces a stark choice between the inevitable decline of ‘ever-closer union,’ or a return to national sovereignty and democratic accountability.”

Nile Gardiner


11 posted on 08/17/2012 7:53:20 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: Da Coyote

It would be “interesting” to watch the urban elites and their underclass try to feed themselves. “Interesting” in a zombie cannibal movie kind of way.


12 posted on 08/17/2012 8:11:06 AM PDT by katana (Just my opinions)
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To: Da Coyote

Let’s send the libs to Kalifornia and a 15 mile strip along the southern border.


13 posted on 08/17/2012 8:24:10 AM PDT by bgill
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To: chaos_5

I have a close friend who is high in the Finnish Military. He was visiting about two years ago and predicted the Euro would fail within 5 years. Looks like his predictions are ahead of schedule.

Finland is an interesting country. It is socialistic in it’s attitudes concerning social welfare, but VERY conservative financially. They pay their bills - and don’t like owing anyone. Finns are fiercely independent. Example: They are the only nation to pay-off their WW1 war debt!

What you see here is their government seeing the head-lights of the on-coming train and planning on getting of the tracks! I’ve got no fears for Finland...just our own country!


14 posted on 08/17/2012 8:29:21 AM PDT by fremont_steve
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To: TigerLikesRooster
"It would not have to mean the end of the wider European Union and could make the EU function better in the end."

True - and a divorce might make everyone happier and wealthier... it's happened - not often - but maybe somewhere...or not.

15 posted on 08/17/2012 9:28:06 AM PDT by GOPJ (“Family: One of God’s masterpieces.” sign at Chris McMurray's bakery - Crumb and Get It)
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To: fremont_steve
Finland is an interesting country. It is socialistic in it’s attitudes concerning social welfare, but VERY conservative financially.

Mono-ethnic nations have a much better chance of doing socialized medicine etc. If they have good national character then mooching and rip-offs are minimal and when they exist you don't despise the moochers because they are members of same tribe as you
Our USA being an ethnic stew pot and pressure cooker. Where various ethnic and racial groups resent each other and where some ethnic and racial groups are seen as exploitative moochers of the social welfare systems. We cannot pull off such socialist schemes. Not in a million years.

Just as an example, white people can see black affirmative action commissars giving preferential treatment to fellow blacks (if) when Obama care kicks in which is a redistribution scheme from whites to blacks, immigrants, Hispanics, gays. You better believe gays will get the best and most expensive AIDs medicines possible and the numbers of gays in the Washington DC Federal gov't is way past their percentages in the general population

16 posted on 08/17/2012 9:58:30 AM PDT by dennisw (Government be yo mamma - Re-elect Barack Obama)
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To: central_va

“I like how europe can break apart and nobody talks about Civil War.”

Maybe because there’s no realistic prospect of war breaking out among the euro countries over this. It’s almost like you want there to be a war. What a horrible thing to wish for. Maybe the US Civil War prism you see everything through doesn’t apply here.


17 posted on 08/17/2012 9:58:30 AM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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To: dennisw
Mono-ethnic nations have a much better chance of doing socialized medicine etc. If they have good national character then mooching and rip-offs are minimal and when they exist you don't despise the moochers because they are members of same tribe as you

Exactly....Even Sweden's socialism was modestly successful until they started importing in the Muzzies.

18 posted on 08/17/2012 10:02:15 AM PDT by dfwgator
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To: central_va

Follow the money. In a break up where wealth wants to leave, you get war. But when anti-wealth doesn’t want to leave, what do you get, instead?

The bankrupt smaller EU states are getting free money from Germany to “stay solvent” at the moment. What are they going to do, go to war to separate themselves from Germany’s free money?!


19 posted on 08/17/2012 10:07:41 AM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Owl558
I want a separation from an overbearing centralized govt. That is not the same as wanting war.

This is the problem here in the USA , to most separation means war. I do not know were this concept started(well actually I do know).

If you could bring back the original founders they would tell you this is not the republic they created, they would also see the Civil War as the stake in the heart of the republic. None of them IMO would have anything nice to say about Mr. Lincoln.

As to your premise I want war, it would be preferable to what we have now, if some states could be free to actually implement the USC as written. A peaceful separation seems impossible with the ignorant mindset I see everywhere.

So how bad is it the the EU, with an extremely weak central government(if you really want to call it that) is so bad they want to break up compared to the problems we face with FedGov™. So if you can construct an effective answer go ahead and make your case otherwise don't bother.

20 posted on 08/17/2012 10:40:19 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Owl558
If you will allow me to continue, I'd like to make an analogy. Simply put, the founders created a federal govt the was light and effective and didn't hinder freedom and states rights - a formula one race car so to speak.

Now FedGov™ has grown in size,scope and destroyed states rights and controls EVERYTHING - a semi tractor trailer.

So the President is like the driver, however electing a conservative isn't going to turn a tractor trailer back into a formula one race car. The problem is the government itself, not who is driving.

21 posted on 08/17/2012 10:45:59 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: SMARTY

Apparently, a lot of Brits think Thatcher was stark raving mad.
But history keeps vindicating her...


22 posted on 08/17/2012 10:59:22 AM PDT by Little Ray (AGAINST Obama in the General.)
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To: central_va

I doubt that.

The civil war ended with a unified nation. The fact the federal government has ballooned out of control is more an FDR fiasco.

Try reading “Washington goes to War” by David Brinkly. It pretty much outlines how we ended up with desk jockey DC.


23 posted on 08/17/2012 11:00:24 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: SMARTY

Globalists will not be pleased.


24 posted on 08/17/2012 11:05:11 AM PDT by Lazamataz (I love the Universe, and it loves me.)
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To: dfwgator

nobody in the US realizes that european socialized medicine uses BRIBES FOR SERVICE. It is the dark bad open secret that is not discussed. You have to give “gratuity envelopes” to ensure you don’t get screwed or wait for months and die in line. (if you have the money)


25 posted on 08/17/2012 11:07:50 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: central_va

Thyere’s no prospect of war breaking out between the euro countries as the EU breaks up. There just isn’t and that is the point that you avoided. Changing the subject to the US Civil War reinforces my point about seeing everything through a Civil War prism.

To your credit, it’s better than the Hitler people who see everything as WWII ad nauseum.

Remember, “To a man with a hammer everything looks like a nail.” -Twain


26 posted on 08/17/2012 12:22:08 PM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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To: Owl558
There just isn’t and that is the point that you avoided.

God you're slow, that is the exact point I was trying to make. The Europeans can end relationships WITHOUT war. We, over here, cannot even discuss a state or states leaving the USA with out being called a warmonger.

27 posted on 08/17/2012 1:28:59 PM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

“We, over here, cannot even discuss a state or states leaving the USA with out being called a warmonger.”

If the shoe fits, I suppose. If you don’t like being called a warmonger, stop warmongering and demigogging the tired old Civil War arguements. It’s that simple.


28 posted on 08/17/2012 2:19:54 PM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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To: SMARTY
"Margaret Thatcher famously described the European project as “perhaps the greatest folly of the modern era.” "

Right up there with socialized medicine (NHS). Thatcher regretted NHS was one thing she could not privatize in UK.

yitbos

29 posted on 08/17/2012 3:44:29 PM PDT by bruinbirdman ("Those who control language control minds." -- Ayn Rand)
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To: bruinbirdman

Worst is the underreporting here on how ‘free’ means ‘scarce’. Our government schools have economic ignorance down to a science.


30 posted on 08/18/2012 10:59:47 PM PDT by 1010RD (First, Do No Harm)
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