Credible

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yobob1's picture
yobob1
Status: Silver Member (Offline)
Joined: Apr 20 2009
Posts: 132
Credible

PARIS (AP) -- The European Central Bank's chief says the euro remains a "credible" currency despite the debt crisis that has required the bailouts of Ireland and Greece and raised worries about Portugal and Spain.

.....Trichet insisted "the euro is a credible currency. The euro is a currency that is considered just as credible for the next 10 years as for the last 12 years."

http://finance.yahoo.com/news/ECB-chief-...

Gee Claude, getting a bit touchy?  I would call that an incredible statement. Thow doth protest too loudly.

Using hydrogen in a derigible is a good idea.

The Tacoma Narrows Bridge is a monument to our engineering prowess.

The Euro is a credible currency and I'll fight anyone who says otherwise.

jumblies's picture
jumblies
Status: Silver Member (Offline)
Joined: Jun 13 2010
Posts: 244
Re: Credible

There are no American infidels in Baghdad. Never!

Trichet and Muhammed Saeed al-Sahaf separated at birth?

 

Travlin's picture
Travlin
Status: Diamond Member (Offline)
Joined: Apr 15 2010
Posts: 1322
Re: Credible

Very funny Yobob.

Travlin

SteveW's picture
SteveW
Status: Gold Member (Offline)
Joined: Jan 21 2010
Posts: 490
Re: Credible

24 May 2010

http://www.eubusiness.com/news-eu/finance-economy.4vb

Quote:

European Central Bank chief Jean-Claude Trichet insisted Saturday that the euro was a credible currency but said tighter regulation was needed of banks, markets and government policies.

12 Mar 2010

http://www.bangkokpost.com/news/world/209582/euro-is-credible-not-in-crisis-trichet

Quote:

European Central Bank head Jean-Claude Trichet rose to the defense of the euro Friday, describing it as a "credible" currency that was not in crisis.

Feb 17 2004

http://www.europolitics.info/euro-trichet-confirms-ecb-independence-in-currency-market-intervention-artr182188-29.html

Quote:

Mr Trichet claimed the benefits of the Euro for citizens are:

  • credible medium and long-term protection of purchasing power in the Euro-zone;
  • credible medium and long-term preservation of savings;

So there you have it from Mr, one note samba, Trichet. The Euro has always been "credible" and will continue to be "credible" until Mr Trichet loses his langue de bois.

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