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What The French Think Of The Euro

Tyler Durden's picture




 

It wasn't immediately clear what the other 33% thought, but it is safe to assume have never heard of Draghi's "political capital."

 

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Thu, 05/22/2014 - 14:32 | 4785620 Devotional
Devotional's picture

Euro, fuck yeah!

/sarc

Thu, 05/22/2014 - 14:38 | 4785647 insanelysane
insanelysane's picture

No one has abandoned ship yet but the crowd circling where the lifeboats are stored is growing.

Thu, 05/22/2014 - 14:48 | 4785704 agstacks
agstacks's picture

I dont believe we are at the point yet where they are circiling the lifeboats.  I think we are at the point where they are queitly grabbing the keys to lock us all down with the others in the steering class. Once we are secured, they can get into their lifeboat without all the chaos and riffraff. 

 

Thu, 05/22/2014 - 14:50 | 4785718 knukles
knukles's picture

It doesn't matter what the French think.

Thu, 05/22/2014 - 15:09 | 4785826 DoChenRollingBearing
DoChenRollingBearing's picture

Mais, monsieur, c'est un insult aux francais!

('Scuse bad franglais...)

Thu, 05/22/2014 - 15:44 | 4786039 Ghordius
Ghordius's picture

disagree. France is still the linchpin of many things, here
nevertheless... it's not unusual for France to be undecided about monetary policy. and this is what I read in the poll: undecided

Thu, 05/22/2014 - 18:26 | 4786675 Treason Season
Treason Season's picture

With France being the hq of Masons what it says is extremely relevant.

Thu, 05/22/2014 - 14:54 | 4785734 buzzsaw99
buzzsaw99's picture

lifeboats, funny.

Thu, 05/22/2014 - 14:57 | 4785752 Spitzer
Spitzer's picture

So you are predicting a huge market driven  devaluation of the Euro ? (it cant hyperiflate BC its not been printed enough)

Thu, 05/22/2014 - 15:15 | 4785864 DoChenRollingBearing
DoChenRollingBearing's picture

Jim Rickards makes a good case for the Euro in the short-term (also the SDR) in his new book, The Death of Money.

Thu, 05/22/2014 - 16:29 | 4786229 heavy.metal
heavy.metal's picture

Wrong. You're thinking only about the supply side. ANY currency can hyperinflate if the demand side goes to zero.

 

Thu, 05/22/2014 - 17:24 | 4786430 Ghordius
Ghordius's picture

+1 in fact HY is nearly always due to demand collapsing, often abroad

Thu, 05/22/2014 - 14:32 | 4785621 tom a taxpayer
tom a taxpayer's picture

Merde!

Thu, 05/22/2014 - 14:33 | 4785622 Yen Cross
Yen Cross's picture

   Yelping frogs slow boiling in the pot...

Thu, 05/22/2014 - 14:58 | 4785762 Spitzer
Spitzer's picture

Say what you want about the frogs, WOPS, krauts ect, they have a better currency then the Seppos do.

 

Are you a seppo ?

Thu, 05/22/2014 - 15:32 | 4785970 Yen Cross
Yen Cross's picture

  You forgot the Japs and Chinks?  I'll stick with Physical (xag/xau)thanks.

Thu, 05/22/2014 - 15:54 | 4786090 lasvegaspersona
lasvegaspersona's picture

anything with an 'x' in front of it is paper

metal goes clunk...fox goes...

Thu, 05/22/2014 - 14:34 | 4785623 fonzannoon
fonzannoon's picture

glass houses...

Thu, 05/22/2014 - 14:35 | 4785630 The Reich
Thu, 05/22/2014 - 14:36 | 4785632 Fuh Querada
Fuh Querada's picture

Draggie's predecessor was some Froggie called Treeshit, or something similar....

Thu, 05/22/2014 - 14:38 | 4785648 ParkAveFlasher
ParkAveFlasher's picture

Zut, alors!

Thu, 05/22/2014 - 14:44 | 4785657 Dr. Engali
Dr. Engali's picture

Hah... Polls mean nothing to the elites. These unwashed masses, who smell of elderberries, just can't comprehend the brilliance of the Eurocrats. In due time ordinary man will come to see just how visionary the Eurocrats are... and they will be amazed. 

Thu, 05/22/2014 - 14:45 | 4785685 headhunt
headhunt's picture

something like 'let them eat cake' comes to mind...

Thu, 05/22/2014 - 14:54 | 4785738 maskone909
maskone909's picture

brioche

Thu, 05/22/2014 - 15:49 | 4786059 Ghordius
Ghordius's picture

Unwashed Masses prefer intra-european currency wars? Devaluation rounds? Inflation, the most regressive tax of all? Did not know that

Thu, 05/22/2014 - 16:25 | 4786210 Dr. Engali
Dr. Engali's picture

Take out the intra-European currency wars and nothing has changed save for the fact that they are being squeezed by a single currency.

Thu, 05/22/2014 - 14:42 | 4785667 NoTTD
NoTTD's picture

EuroZone solution to this poll:  Ban on all polls not conducted by the EU.

Thu, 05/22/2014 - 14:43 | 4785675 NoTTD
NoTTD's picture

Also, quelle fromage!

Thu, 05/22/2014 - 14:52 | 4785728 Day_Of_The_Tentacle
Day_Of_The_Tentacle's picture

Fromage. He! Thanks for the laugh. 

Thu, 05/22/2014 - 15:48 | 4786060 813kml
813kml's picture

But it makes frottage more enjoyable.

Thu, 05/22/2014 - 14:43 | 4785676 Flounder
Flounder's picture

Just build a few more mosques in Paris and around the country and that poll will change.

Thu, 05/22/2014 - 14:44 | 4785687 alien-IQ
alien-IQ's picture

And yet, with all the news that has unfolded today, the VIX gets slammed down to a new 52 week low?

Oh yeah, that makes a whole lotta fuckin sense.

Thu, 05/22/2014 - 14:50 | 4785714 agstacks
agstacks's picture

you didn't hear? Putin pulled his tropps back from the boarder.

 

{S}

Thu, 05/22/2014 - 14:45 | 4785688 orangegeek
orangegeek's picture

How about, "what the world thinks of the french"?

Thu, 05/22/2014 - 17:14 | 4786387 Analyse2
Analyse2's picture

@orangegeek :

Your answer : P.23 of this poll 

http://www.globescan.com/images/images/pressreleases/bbc2013_country_ratings/2013_country_rating_poll_bbc_globescan.pdf

 

Thu, 05/22/2014 - 14:46 | 4785692 Kaiser Sousa
Kaiser Sousa's picture

fuck the french...

its a failure alright...

so do something about it you fucking bunch of pussy's.

or shut the fuck up and remain slaves of the international bankers...

DEATH TO THE MONEYCHANGERS....

Thu, 05/22/2014 - 14:49 | 4785712 alien-IQ
alien-IQ's picture

yeah, the French are pussies. They should do what the Americans have done to break loose from the chains of the international bankers...

Now, if you don't mind, can you let me know what exactly it is that Americans have done to break these chains? I can't quite see it or figure it out.

But surely, the non-pussy Americans have done something...right?

Thu, 05/22/2014 - 15:07 | 4785772 Kaiser Sousa
Kaiser Sousa's picture

bro -

i dont represent the majority of americans i represent me and my collective...most american's r a bunch of brain dead pussy's as well.

so, here's what ive done...

1) Refuse to pay income tribute to the bankers aka TAXES.

2) Defaulted on all debt owed to the banks;credt cards, HELOCS, Mortgages, ALL OF IT.

3) aint payin property taxes except on houses in which family or loved ones live in, and that dont include all holdings.

4) no debt coupons in the bank, all held outside the system to deprive them of income and reserves.  the bank is just a recycling center for me to move out of worthless currency and into real money...

5) WEALTH AND SAVINGS ONLY IN REAL MONEY.

all of this has been done becuase i refuse to be party to my own enslavement regardless of the consequences or treats of the Police States of America which is run by the shadow government  - THE MONEYCHANGERS anymore questions?

 

Thu, 05/22/2014 - 15:08 | 4785822 alien-IQ
alien-IQ's picture

and don't you think there are some in France and indeed the world over that have arrived at a similar conclusion and plan as you?

It just gets old and tiresome watching Americans bash the whole fucking world and omit themselves from blame when it is Americans that are more the cause of global strife than any other nation or people on earth...And that's why the whole fucking world hates Americans!

Thu, 05/22/2014 - 15:15 | 4785861 Kaiser Sousa
Kaiser Sousa's picture

look man, if u have seen me here before u would know im a equal opportunity basher of ALL who do not resist the rule of the bankers...u got me twisted and more importantly, if there were truly more who have come to the same conclusion i have the world over, then the rule of the MONEYCHANGERS would be done and over with. we would once again live in a time where sound money, which benefits all mankind would be at the heart of this global monetary regimen...it is the debt and death paradigm underpinned by debt based currency that is destroying mankind...the fact that we r where we r is proof that WE AINT THERE.

yet.

Thu, 05/22/2014 - 16:24 | 4786207 headhunt
headhunt's picture

The whole F'ing world hates America because the leftist whiners lawyers and politicians have taken over the country. We now have a bunch of far left wankers sucking the US and the world dry.

 

Thu, 05/22/2014 - 17:07 | 4786370 orez65
orez65's picture

"Americans that are more the cause of global strife than any other nation or people on earth."

That's a bit extreme.

Yes we Americans spend more than we produce.

Our, inherently worthless, fiat dollars make it all possible. It is the root cause of all our corruption and wars.

But, if you think that the French, Russians, Chinese, North Koreans ... would do any better you are full of s**t! 

Want to do something about it, and help America?

Stop accepting US Dollars for payment. Accept only goods, silver or gold for what you export.

Stop accepting any fiat currency, accept only gold or silver, and help the world.

Thu, 05/22/2014 - 17:12 | 4786384 Kaiser Sousa
Kaiser Sousa's picture

"Stop accepting any fiat currency, accept only gold or silver, and help the world."

thank u that was my fucking point...

therein lies the 1st step to removing the bankerchains from ALL humanity...

Sat, 05/24/2014 - 16:25 | 4791723 cooky puss
cooky puss's picture

@Kaiser Sousa As if your USA were any better.

Yo man, I mean no disrespect, but fuck you too, tomorrow there's a vote for Europe and I'll do my part.

Concerned citizens are from everywhere, direct your "wrath" the right way.
Peace.

cooky puss 

Thu, 05/22/2014 - 14:55 | 4785701 Atomizer
Atomizer's picture

40% want to be bailed out while the remaining cunt rags want free shit and don’t understand a debt slave chequebook to balance your obligations. In Obama’s world, everything is Nigger free.

Thu, 05/22/2014 - 14:48 | 4785706 tbd108
tbd108's picture

Vive le froggies!

Thu, 05/22/2014 - 14:49 | 4785713 ShrNfr
ShrNfr's picture

I am glad they were Franc about it.

Thu, 05/22/2014 - 14:54 | 4785739 buzzsaw99
buzzsaw99's picture

hey at least it didn't add up to 103%

Thu, 05/22/2014 - 14:56 | 4785743 Joebloinvestor
Joebloinvestor's picture

Try exchanging a 500 euro note in a French bank.

THEY WON'T ACCEPT IT!!

The currency exchanges on the streets will though.

Thu, 05/22/2014 - 14:56 | 4785745 aleph0
aleph0's picture

 

 

 

The Third Category was missing :

 

"Is the Euro a Deliberate Failure" 

Thu, 05/22/2014 - 15:19 | 4785875 SpanishGoop
SpanishGoop's picture

Merde, i must be French because i thought failure too.

 

O wait, a survey of 946 PEOPLE so no French there.

 

 

Thu, 05/22/2014 - 15:18 | 4785888 SharkBit
SharkBit's picture

Please do not be harsh on the French. They are good people. They have been through many more Revolutions than much of the world. Americans can learn from their revolutionary DNA. Watch the French. When they really get pissed, heads literally roll! :)

Thu, 05/22/2014 - 16:17 | 4786167 brucyy
brucyy's picture

Yeah sure . The revolutionary DNA must be responsible for one of the most taxative regime in the world , 50%+ of GDP being redistributed to various  "government spendings" , 

mostly in the name of suppressing poverty (Hint : it's not working) , keeping an unsustanable socialized healthcare and insane levels of bureaucratic bullshit ... almost a third of the french workforce is now public sector , with an unaltered love for central planning ...i can amost say that , if revolution there is in france , i would advise staying as far as possible.

Thu, 05/22/2014 - 17:11 | 4786381 orez65
orez65's picture

"... learn from their revolutionary DNA"

They've been around for hundreds of years longer than the United States.

But they still haven't learned that fiat money, for example Euro's, are a fraud?

Give me a break!!!

Thu, 05/22/2014 - 15:17 | 4785889 trader1
trader1's picture

failure = opportunity to improve

 

europa leads this century.

 

coming to a theater near you

 

may 25

Thu, 05/22/2014 - 15:29 | 4785935 Obamanism
Obamanism's picture

Having traveled to Europe many times and went from Holland to Belgium then into France, Germany, Austria and Italy. Before the Euro you had to be a Math Professor to be able to convert each currency into the next currency. With the Euro one conversion and all your money worries are sorted. It has not failed in that respect.
Remember most of France is shut down from Mid-July till the end of August as everyone is at the beach no one travels abroad as the food is always so bad, so does not see the good side of the euro. (Here is a tip Visit Paris after July 14th for 2 weeks as most Parisians are not in the city)

Thu, 05/22/2014 - 17:51 | 4786529 medium giraffe
medium giraffe's picture

One of the problems of changing currency in continental Europe was that certain currencies were suffering the same fiat demise that we will see once again on a grander scale, meaning one had to juggle rather a lot of zeros in some circumstances.

I'm glad you find the Euro so convenient, but I dare say it's less convenient for Greece wanting a strong Euro to pay off debt, whilst the Germans hope for a weak Euro to help exports.  These disparate economies should never have been part of a common currency.  How can you create any sort of effective domestic monetary policy with one arm tied behind your back?

Thu, 05/22/2014 - 21:14 | 4787094 Atticus Finch
Atticus Finch's picture

Sovereign states are the anathema of International Banks and Transnational Corporations.

I too have travelled in Europe both prior to and after the Euro. It is better for the world and Europe that I am required to be a Math Professor for the short time there.

The EU is ruining the continent.

Thu, 05/22/2014 - 15:29 | 4785955 Sudden Debt
Sudden Debt's picture

argent = silver = money

all the rest is monopoly money.
France used silver coins untill 1980 and They're my favorite collectors coin.

Thu, 05/22/2014 - 15:33 | 4785979 Madcow
Madcow's picture

"Europe" is going to require hundreds - if not thousands - of re-education camps. 

 

Thu, 05/22/2014 - 16:31 | 4786232 Spungo
Spungo's picture

Blah blah blah blame the currency. Krugman was right when he said the Euro imposes restrictions similar to gold. These retard countries can't try to paper over the problem by printing money. Why don't they just cut spending and de-leverage? 

In any event, this shows how important hard assets will be in the coming years. Even when complete societal collapse is on the table, countries absolutely refuse to cut spending. If they could hyperinflate their way out of this, they would. We can, so we likely will.

Thu, 05/22/2014 - 21:08 | 4787078 Atticus Finch
Atticus Finch's picture

I think all anyone needs to understand about the Euro and the European Union is that it is about preventing lending in indivdual sovereign currencies.

When a soveregn state has its own currency and has a loan due in that currency, it can inflate the currency and thereby pay the lender in the same notional value but with a market value that is significantly reduced.

When all loans are in Euros, than all loans have to be paid back in Euros and there is no way out for the individual country. This is how a country loses its sovereignity.

Also, this is the basic concept for the NWO.

Thu, 05/22/2014 - 16:34 | 4786244 NoWayJose
NoWayJose's picture

Much easier to hold your nose high when you say "Frahhhhnc" than ""Ewwwww-ro"

Thu, 05/22/2014 - 17:40 | 4786493 RichardParker
RichardParker's picture

in a way I admire the French. They were among the first to totally disregard the stipulations of the stability and growth pact i.e. cheat while the other sucker nations still kept their financial houses in order. lol

 

Thu, 05/22/2014 - 18:15 | 4786631 SykeWar
SykeWar's picture

Stay tuned for our next episode: "It's not war till France surrenders - or - Sounds a little Vichy to me.

Fri, 05/23/2014 - 14:13 | 4789279 Analyse2
Analyse2's picture

These Jay Leno's style jokes are a bit tired !

You forgot to call them "Cheeseeating surrender monkeys" btw.

In fact this ugly disdain and pitiful jokes come from the firm refusal of the French to join America in Irak, in 2003.

Since France refused to go to Iraq, American warmongers and neo-cons made French army look like cowards – as a punishment.

But History has proved the French were right.

Thu, 05/22/2014 - 23:17 | 4787348 Spungo
Spungo's picture

"When all loans are in Euros, than all loans have to be paid back in Euros and there is no way out for the individual country. This is how a country loses its sovereignity.

Also, this is the basic concept for the NWO."

Have they tried not being retarded? If I lost my good job and had to get a McJob, I would immediately cut spending to remain solvent. I wouldn't spend as if I still had a good job then complain about the central bank removing my sovereignty because I'm forced to use their money instead of writing "$1000" on a napkin and using that to pay the bills. Individually, we're all on a gold standard. I can't create money out of thin air, neither can you, but most of us never declare bankruptcy in our entire lives. Why is that? 

I like Doug Casey's idea. He said the government should just default on the entire thing. This would remove the shackles of debt slavery that were forcefully put on the younger generation and it would punish the idiots who enabled this. Why do people buy government bonds? Yeah, let's give more money to the government so they can invade some country nobody cares about, kill some family driving to a wedding, or pay for some prisoner's sex change. If people simply refused to lend money to the government, none of this would happen. Trying to print the money to do all of this corrupt bullshit would work until inflation hit 20% and people were outside of congress demanding heads on pikes. 

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