Friday, January 20, 2012

The Lighter Side of Euro:

Mind you, humor is one thing that always crops up during a crisis, as demonstrated recently in this Blog.

Greece – a country that by its very name would make the Union slip-slide away.
Greece – a country where Euro means toilet, and that’s where it’s going.
What's the capital of Greece? About €3.
Q: Why is the Irish economy in such a crisis?

A: Because they always think their capital should be Dublin.

Ireland’s been downgraded from AAA+ to AA. Before, they were a battery for the remote control, but now they're only good for a Walkman.
It gets worse.
A Greek, an Irishman, and a Portuguese go into a bar. The German pays.
Hmmm ... how many jokes can we take?
And perhaps some of this is no joke.
After all, the Germans saying that they’re going to holiday in the Greek Islands for the next ten years because they’ve prepaid ... may go down well in Germany, but any German trying that in a Greek hotel, may find themselves out on their arsch.

So what is the reality?
In Heaven: the cooks are French, the policemen are English, the mechanics are German, the lovers are Italian and the bankers are Swiss.
In Hell: the cooks are English, the policemen are German, the mechanics are French, the lovers are Swiss and the bankers are Italian.

The European Parliament has decided to change the design of the euro when noticing that the first one was a bit boring and sad. The new design is a stronger and more aggressive one which will make people eager to consume. The European Commission has just announced an agreement whereby English will be the official language of the EU rather than German which was the other possibility. As part of the negotiations, Her Majesty's Government conceded that English spelling had some room for improvement and has accepted a five year phase-in plan that would be known as "Euro-English".

Meanwhile, some believe that Britain will regret not being part of the euro. This is down to the new controlling stranglehold in Europe of the inner sanctum – those in the euro – and the rest – those not. This may create a rift in European Union, but is necessary if the Germans are going to keep paying for holding the Euro zone together. This is why some folks, even those within the Conservative Party, believe the UK must one day join the euro too. Nevertheless,talks of joining the euro are more divisive in Britain than ever, and is still unlikely in my lifetime.
One of the reasons they would never want to join the euro of course, is because they like the Queen and the Pound.

God Bless Euro

Keep Laughing

Always yours

Atul Sikrai
Sr Vice President & Head Equity

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