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View Poll Results: How long will the CHF peg hold?
Less than a day 1 0.64%
Less than a week 17 10.90%
Less than a month 24 15.38%
Until the end of the year 43 27.56%
Longer 71 45.51%
Voters: 156. You may not vote on this poll

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  #1001  
Old 22.01.2015, 11:36
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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I haven't written that French work more hours than Swiss, have I?

"Those who have a job work less, but produce more wealth" is what i have written.
erm, but what you originally took offence to, and groaned at me for was that the French work less hours and 40% are employed by the government. You then called me an idiot and said that my points were unfounded (in a not so polite manner). Since then, I have referenced a couple of articles and data that backed up my claims. You might claim something else, but I stick to my original points. The percentage of the workforce in France that is employed by the government and not the private sector is more than 40%. Holiday allowance in France, in general, is also generous when compared to other countries. 5 weeks is quite significant compared to other countries.
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  #1002  
Old 22.01.2015, 12:46
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

I don't think he knows how to conversate. Leave it at that, stereotypes are always there for a reason...
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  #1003  
Old 22.01.2015, 13:29
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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erm, but what you originally took offence to, and groaned at me for was that the French work less hours and 40% are employed by the government. You then called me an idiot and said that my points were unfounded (in a not so polite manner). Since then, I have referenced a couple of articles and data that backed up my claims. You might claim something else, but I stick to my original points. The percentage of the workforce in France that is employed by the government and not the private sector is more than 40%. Holiday allowance in France, in general, is also generous when compared to other countries. 5 weeks is quite significant compared to other countries.
I took offence to the unfounded statement that 40% of the French are employed by the govt.
I took offence in the fact you implied all French are lazy, because they work not as many hours as others and have 5 weeks holidays.

Interestingly enough, according to the OECD stats you quoted, French work more hours than Germans. Even though I have heard and read an awful lot of times that French are lazy unproductive protesting scum, I have never hear or read that they produce more value than Swiss, that as many of them work for the state as in the UK, or that they work more hours than the German.

To summarise my point, and conclude it because I don't feel good about trashing this thread, I took offence and groaned at you for the gratuitous unfounded French bashing, as a French person. You allow yourself to stereotype an entire population for unfounded reasons and get upset when you are proven wrong.
I guess an American, a Greek or a Muslim would get offended if one said that all Americans are gun-lovers racist people with not an ounce of political intelligence, that all Greeks are assisted lazy scum, or that all Muslims are terrorists.

It's unfounded, gratuitous, dangerous, hurtful and narrow-minded (but maybe oyu think this is something to be proud of? ).

[EDIT] No problems to continue the discussion if you want, but may I suggest to do it by PM?
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  #1004  
Old 22.01.2015, 13:43
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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I took offence to the unfounded statement that 40% of the French are employed by the govt.
I took offence in the fact you implied all French are lazy, because they work not as many hours as others and have 5 weeks holidays.
NO! French people don't work as most other people, they work MAXIMUM 35 hpw (as of late 39 but in reality nobody) while the Swiss work MAXIMUM of 45 hpw and 43.5 is the average in Switzerland.

For the same working hours the French get 5 weeks 30 days of holiday with Saturdays plus other 22 days of RTT and other BS while the Swiss for working 45 hpw get 20 days or 4 weeks of holiday.

So YES THE FRENCH ARE LAZY BASTARDS, just go and visit a public office and see how much they "work"
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  #1005  
Old 22.01.2015, 13:58
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

Wow, this was my statement.

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something like 40% are employed by the government in France. Standard working week is 35 hours, and they have very generous holiday allowances.
I didn't expect it to be interpreted in such a negative way. That was not the intention.

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To summarise my point, and conclude it because I don't feel good about trashing this thread, I took offence and groaned at you for the gratuitous unfounded French bashing, as a French person. You allow yourself to stereotype an entire population for unfounded reasons and get upset when you are proven wrong.
I guess an American, a Greek or a Muslim would get offended if one said that all Americans are gun-lovers racist people with not an ounce of political intelligence, that all Greeks are assisted lazy scum, or that all Muslims are terrorists.
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  #1006  
Old 22.01.2015, 15:38
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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NO! French people don't work as most other people, they work MAXIMUM 35 hpw (as of late 39 but in reality nobody) while the Swiss work MAXIMUM of 45 hpw and 43.5 is the average in Switzerland.

For the same working hours the French get 5 weeks 30 days of holiday with Saturdays plus other 22 days of RTT and other BS while the Swiss for working 45 hpw get 20 days or 4 weeks of holiday.

So YES THE FRENCH ARE LAZY BASTARDS, just go and visit a public office and see how much they "work"
Do you realise that you are making a general statement about an entire population based on your personal (therefore limited) experience and (wrong) interpretation of what you read in the telegraph?

I stop wasting my time trying to reason with unreasonable people. Tonight you can go to bed with the warm feeling of self-righteousness, proud of how you spat your hatred of French people on the EF.
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  #1007  
Old 22.01.2015, 17:48
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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Do you realise that you are making a general statement about an entire population based on your personal (therefore limited) experience and (wrong) interpretation of what you read in the telegraph?

I stop wasting my time trying to reason with unreasonable people. Tonight you can go to bed with the warm feeling of self-righteousness, proud of how you spat your hatred of French people on the EF.
When I worked in France I quickly learnt the phrase "C'est ne pas ici!"
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  #1008  
Old 22.01.2015, 18:46
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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So YES THE FRENCH ARE LAZY BASTARDS, just go and visit a public office and see how much they "work"
I would write a response to prove you are wrong on that, but i'm to lazy to do it!
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  #1009  
Old 22.01.2015, 20:52
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

so parity it is, hopefully it stays there
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  #1010  
Old 23.01.2015, 08:38
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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so parity it is, hopefully it stays there
It could go even lower if the Greek elections go the wrong way.
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  #1011  
Old 23.01.2015, 09:55
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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It could go even lower if the Greek elections go the wrong way.
Elections can´t go the "wrong" way, because they represent what the majority of the people want.
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  #1012  
Old 23.01.2015, 10:21
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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Elections can´t go the "wrong" way, because they represent what the majority of the people want.
Oh well, then the word on the street is that the Greek people want to elect in a government which will essentially lift austerity measures and throw the ball back on the table with the EU about negotiating the debts.

I guess that's something that hits really hard as a Greek; for the rest of the Union, I guess it's either "fair enough" or "groan, not again".

What impact that all has on the Euro is a whole different thing.
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  #1013  
Old 23.01.2015, 10:48
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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I guess an American, a Greek or a Muslim would get offended if one said that all Americans are gun-lovers racist people with not an ounce of political intelligence, that all Greeks are assisted lazy scum, or that all Muslims are terrorists.
this is wrong and offensive. Only some of the muslims are terrorists.
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  #1014  
Old 23.01.2015, 10:55
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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this is wrong and offensive. Only some of the muslims are terrorists.
Absolutely right. But the rest is 100% correct.
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  #1015  
Old 23.01.2015, 11:07
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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Do you realise that you are making a general statement about an entire population based on your personal (therefore limited) experience and (wrong) interpretation of what you read in the telegraph?

I stop wasting my time trying to reason with unreasonable people. Tonight you can go to bed with the warm feeling of self-righteousness, proud of how you spat your hatred of French people on the EF.
I work and communicate every day with people from a lot of of EU countries, British, German, Greek, Polish, French, etc etc and by far, the most difficult, lazy and not interested to work communication I get is from ALL of the French offices. Absolutely ridiculous. Tesco shop assistance have stronger and better work habits than most managers that come from prestigious state universities in France.

And I know WHY French people are lazy. Because the French system protects the lazy. You can't get fired in France for not working. You need to SCREW UP big time, like huge huge huge, and than get a warning etc and go to court to fire somebody. Hence companies don't dare to fire somebody. If you are coming to work every day, that's it. Your job is safe. If you duck and don't do much, hence you can't screw a lot, good, it's good. They can't fire you.

This is the French system people. It is absolutely different than Switzerland. In Switzerland you can get fired for now reason. Absolutely no reason. End of contract, 2 months notice or whatever it is minimum by law, and you are out.

In France it's a huge risk to rent your own appartment, because people don't need to pay you. You can't evict them There is absolutely no way for somebody to be evicted if they are old or have children. All eviction stop in winter time. And if you have a tenant that is 3 years late on rent, he only needs to pay 1 rent and the court will stop the eviction procedure. Than you need to wait again a year to start it again because he won't pay in the mean time. At the end when he is out, you can't get any money from him, because the only way the government would touch his money is if he doesn't pay tax. Otherwise you can't get any money from him.

The same with jails. Criminals get prison sentences by judges and than when they arrive to serve their jail sentence the prison has no space for them so they go home. THIS is happening in France right now! That is why people are doing every fraudulent possible thing to get money out of people because they know they will not get punished.

This is France today. Soviet Russia had more order and way more working habits than THE LAZY FRENCH.

I can tell you that my experience of the French system on a bureaucratic and business level is very broad and this is only the tip of the iceberg of the crazy non sense going on in France.
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  #1016  
Old 23.01.2015, 12:35
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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I work and communicate every day with people from a lot of of EU countries, British, German, Greek, Polish, French, etc etc and by far, the most difficult, lazy and not interested to work communication I get is from ALL of the French offices. Absolutely ridiculous. Tesco shop assistance have stronger and better work habits than most managers that come from prestigious state universities in France.

And I know WHY French people are lazy. Because the French system protects the lazy. You can't get fired in France for not working. You need to SCREW UP big time, like huge huge huge, and than get a warning etc and go to court to fire somebody. Hence companies don't dare to fire somebody. If you are coming to work every day, that's it. Your job is safe. If you duck and don't do much, hence you can't screw a lot, good, it's good. They can't fire you.

This is the French system people. It is absolutely different than Switzerland. In Switzerland you can get fired for now reason. Absolutely no reason. End of contract, 2 months notice or whatever it is minimum by law, and you are out.

In France it's a huge risk to rent your own appartment, because people don't need to pay you. You can't evict them There is absolutely no way for somebody to be evicted if they are old or have children. All eviction stop in winter time. And if you have a tenant that is 3 years late on rent, he only needs to pay 1 rent and the court will stop the eviction procedure. Than you need to wait again a year to start it again because he won't pay in the mean time. At the end when he is out, you can't get any money from him, because the only way the government would touch his money is if he doesn't pay tax. Otherwise you can't get any money from him.

The same with jails. Criminals get prison sentences by judges and than when they arrive to serve their jail sentence the prison has no space for them so they go home. THIS is happening in France right now! That is why people are doing every fraudulent possible thing to get money out of people because they know they will not get punished.

This is France today. Soviet Russia had more order and way more working habits than THE LAZY FRENCH.

I can tell you that my experience of the French system on a bureaucratic and business level is very broad and this is only the tip of the iceberg of the crazy non sense going on in France.
Wow. I really feel sorry for you. It must be hard to live every day with such hatred. And with the delusion, too.
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  #1017  
Old 23.01.2015, 13:01
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

About the topic, heard a number of reports of many order cancellations within the hour of the unpegging. Some of the impact was instantaneous.
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  #1018  
Old 23.01.2015, 13:03
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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... Some of the impact was instantaneous.
...just as on the day the minimum was announced!
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  #1019  
Old 23.01.2015, 14:53
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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I work and communicate every day with people from a lot of of EU countries, British, German, Greek, Polish, French, etc etc and by far, the most difficult, lazy and not interested to work communication I get is from ALL of the French offices. Absolutely ridiculous. Tesco shop assistance have stronger and better work habits than most managers that come from prestigious state universities in France.

And I know WHY French people are lazy. Because the French system protects the lazy. You can't get fired in France for not working. You need to SCREW UP big time, like huge huge huge, and than get a warning etc and go to court to fire somebody. Hence companies don't dare to fire somebody. If you are coming to work every day, that's it. Your job is safe. If you duck and don't do much, hence you can't screw a lot, good, it's good. They can't fire you.

This is the French system people. It is absolutely different than Switzerland. In Switzerland you can get fired for now reason. Absolutely no reason. End of contract, 2 months notice or whatever it is minimum by law, and you are out.

In France it's a huge risk to rent your own appartment, because people don't need to pay you. You can't evict them There is absolutely no way for somebody to be evicted if they are old or have children. All eviction stop in winter time. And if you have a tenant that is 3 years late on rent, he only needs to pay 1 rent and the court will stop the eviction procedure. Than you need to wait again a year to start it again because he won't pay in the mean time. At the end when he is out, you can't get any money from him, because the only way the government would touch his money is if he doesn't pay tax. Otherwise you can't get any money from him.

The same with jails. Criminals get prison sentences by judges and than when they arrive to serve their jail sentence the prison has no space for them so they go home. THIS is happening in France right now! That is why people are doing every fraudulent possible thing to get money out of people because they know they will not get punished.

This is France today. Soviet Russia had more order and way more working habits than THE LAZY FRENCH.

I can tell you that my experience of the French system on a bureaucratic and business level is very broad and this is only the tip of the iceberg of the crazy non sense going on in France.
I can confirm the property issue from a friend who had just the problem from a non-paying tenant. When they know them system well, you are in deep doo-doo. I understand many pay the tenants to leave...
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  #1020  
Old 23.01.2015, 15:00
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Re: SNB Pegs CHF to the EUR!!! [and the aftermath of the removal of the cap]

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Oh well, then the word on the street is that the Greek people want to elect in a government which will essentially lift austerity measures and throw the ball back on the table with the EU about negotiating the debts.

I guess that's something that hits really hard as a Greek; for the rest of the Union, I guess it's either "fair enough" or "groan, not again".

What impact that all has on the Euro is a whole different thing.
I think the Greeks are (rightly) developing an attitude.

So rather than "please oh mighty Merkel, whose name we are not worthy to breathe, what else can we do to make you happy so we can stay in the Euro" its going to be more "so, you want to us to stay in the Euro, huh? and repay our debts, huh? well you scratch my back anmd I'll scratch yours"
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