geneticdisaster
Banned
-
- Joined
- Jul 27, 2022
- Posts
- 291
The Euro € is a TOTAL disaster, especially for me as a European SEAmaxxer.
It now has even lost its parity to the dollar and is heading south fast!
Even the jungle currencies here in SEA are doing much better, the Euro has lost YoY:
-14% against the Cambodian Riel
-7.9% against the Thai baht
-12.7% against the Vietnamese Dong
And the list goes on...
So, who is responsible?
Christine Lagarde, President of the European Central Bank.
She has no background in economy or finance, and even better got convicted by a court for criminal negligence / incompetence which resulted in the French government losing $400million. The punishment: the court (lady justice) declined to impose a penalty.
Better, just after she got promoted to be in charge of the European Central Bank.
JFL. It is game ovER for European wagecels, soon the Euro will be worthless.
It now has even lost its parity to the dollar and is heading south fast!
Even the jungle currencies here in SEA are doing much better, the Euro has lost YoY:
-14% against the Cambodian Riel
-7.9% against the Thai baht
-12.7% against the Vietnamese Dong
And the list goes on...
So, who is responsible?
Christine Lagarde, President of the European Central Bank.
She has no background in economy or finance, and even better got convicted by a court for criminal negligence / incompetence which resulted in the French government losing $400million. The punishment: the court (lady justice) declined to impose a penalty.
Better, just after she got promoted to be in charge of the European Central Bank.
JFL. It is game ovER for European wagecels, soon the Euro will be worthless.
Last edited: