Politics Currency Woes and the Dance of the Seven Veils
There is a very strange atmosphere in political circles arising from the uncertainty about the future of the Euro. There has never been anything quite like it in recent decades.
People are openly wondering what happens to their savings if the Euro goes bye-bye and we see a return of the Punt.
What happens jordan pas cher homme to the value of your wages/salaries and the value of your house or apartment? Will there be a substantial discount if one currency is replaced by another?
There is always a tendency in political and media circles for emotion to get a little out of hand. Steady nerves and a stiff upper lip are needed, some would say.
But that isn really enough on this occasion. The problems of the currency need to be sorted out.
Personally speaking, I have long been an advocate of a hard currency. On assignment in Moscowfor this newspaper in 1994, I saw the effect of a major currency devaluation on people pensions and their standard of living.
To this day, I remain haunted by the sight of mothers and elderly folk selling their household goods on the street, outside the underground railway station, the famous Moscow Metro.
Other side-effects ensued: there was a massive increase in prostitution when even middle-class women were forced into it as a means of ensuringthere would be food on the table.
Ironically, what emerged in the aftermath of the Soviet Union collapse proved to air jordan pas cher bea very good illustration of Marx comments about the cash-nexus as the basis of human relationships in a capitalist society.
Meanwhile, our own air jordan foot locker budgetary process proceeds apace, with next Monday and Tuesday set for the last part in air jordan homme the Dance of the Seven Veils.
It can now be said that, in the process of establishing the common European currency, our EU leaders forgot the old dictum that devil is in the detail standards and regulation have led to the present mess.