So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.
quote by Robert C. Solomon
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Related quotes
The reserve currency role seems to add prestige to an area and some people in Europe have talked about the desirability of the euro becoming an international reserve currency.
quote by Robert C. Solomon
Submitted by Lucian Velea
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Another question has been raised rather widely in Europe, in Japan as well as in the United States is what, to what extent will the euro become a reserve currency.
quote by Robert C. Solomon
Submitted by Veronica Serbanoiu
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I Have Reserved Time to Write This; Why?
I sat in the nature reserve
Watching the animals playing football
I was just a reserve
Not in the first eleven
I had a seat in the theatre reserved
I watched the play unfold
I not an actor I’m too reserved
I’m in the audience where I belong
I was called up by the army
Served before; but they wanted me to re-serve
I was playing tennis; the ball went wide
They made me re-serve
Reserve your energy
Reserve your nerve
Keep your humour in reserve
Keep your reserve in reserve
I reserve the right to say you asked me to write this
And I have kept the best in reserve
You will have to reserve an appointment
With a proper poet after you’ve read this
An anagram of reserve
Is reverse
I wish I could reverse time
Then I wouldn’t have wrote this
poem by Michael Micmac Mccrory
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We Are Running On Reserve...(raw, For Edit/revision)
we've been together for so long...
know which route we always take...
when the rains blur our windshields
and the sun heat our seats...
we sleep atop the moon bathed hill...
on beaches with calming waves...
roamed each road we never planned to take
but never we have felt before...
we are running on reserve...
we just cannot tell...
because we are running on reserve
our ride could not end well...
we are running on reserve
we are running on reserve...
we are running on reserve...
a red light keep flashing unnoticed
each bump were too much to take
we are running on reserve
so our end, we cannot tell...
the headlights are dim,
the horns shout making us deaf
the brakes push automatically
we are running on reserve...
and we near our end
poem by Albert Arsenio Sison
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Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.
quote by Rene Daumal
Submitted by Lucian Velea
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14 Million Euro In Your Accounts
'E' for Euro and,
'E' for Edward!
'D' for Dollar and,
'D' for Donne!
But, you have 14 Million Euro in your accounts;
And, sa are your friends!
But, this muse of my mind is all about peace.
poem by Edward Kofi Louis
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If a currency is to become a growing, an increasing reserve currency, there has to be not only a demand for it there has to be a supply of it.
quote by Robert C. Solomon
Submitted by Lucian Velea
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We have the EURO as a currency, which means a lot. It has not just stabilized the situation in Kosovo politically and economically, but also facilitated the direct contact that we have with Europe.
quote by Ibrahim Rugova
Submitted by Lucian Velea
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Ten Euro Note
Ten Euro Note
The old road into town is only used by walkers
now, weird people, who would look out of place
anywhere else and Marian Hyde, who writes
about alternative lifestyles, in the Guardian.
I had found a wallet with a twenty euro note,
photos of a posing nude woman, it belonged to
someone named Carol. I asked around, they all
knew her, a pro who often walked this way.
A handmade and of real leather and on and
impulse I added a ten euro note and wondered
if when I caught up with her she would notice,
or was my motive more self serving?
I met up with Carol at a road side pub gave her
the purse, she opened it counted the money,
said nothing, but she was talking to a footballer
who wanted to be tennis professional.
I walked where I was accosted by a Liverpool
comedian who couldn’t stop telling jokes,
I soon stopped laughing, smiling and listening,
but my disinterest didn’t matter anyway.
Carol came out, joined us, she had bought me
a beer and was in a good mood, the comedian
had fallen asleep, she knew the why of my ten
euro note and I knew of her nude pictures.
poem by Oskar Hansen
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EURO-The Football Spirit
What's a ball without a kick
That's almost how we try and trick
Like mountaineers with cold food
We are always down with a football shoot
Craving for the last minute bounce
We end up blowing the goalie down
Football's what we need
Football's what we breathe
That's what we crave for and
That's what we live for
It's the time, it's the year
Only 42 days and we'll clear
the EURO waves and kick it start
with some rocking glory
to end it up with the EURO trophy.
poem by Taanya Khanna
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I Still Wait
From 50 Euro to 70 Euro,
But i still wait on my dreams from year to year;
And i am like the wild gazelle in the field of love,
But like a strong and a valiant soldier! !
The mighty one has fallen today in front of me,
But i will still wait for my dreams;
And in the name of love i will always be patience.
poem by Edward Kofi Louis
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The dollar is currently the principal reserve currency in the world.
quote by Robert C. Solomon
Submitted by Lucian Velea
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70 Euro
70 Euro for my lover in the bush and,
Of all the wonders out there!
But what i know now is,
She is married with children.
Everyday i hope and pray,
And everyday i do work towards my dreams;
For faith without works is no faith at all.
The woman went out to draw water and,
They saw you my love in the bush!
And of the wonders that they met with your children,
But i always have to send you 70 Euro to feed them.
poem by Edward Kofi Louis
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The Economy Part 1
The Economy
Burning bed, the mattress, afire; under it I had two thousand Euro,
as banks can go belly up any time bolt their doors and call the law
to keep the screaming multitude at bay.
Too late, my poor man´s saving burnt to ashes. I shall not cry, soon
the euro will be quite valueless when 10.000 is worth ten pence,
and for that I can´t even buy an ice-cream.
I do regret I wasn´t a good consumer didn´t help the economy
by not using credit cards to buy stuff I didn´t need, I have failed
in my duty as citizen and now harvest devastation.
poem by Oskar Hansen
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I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.
quote by David Cameron
Submitted by Lucian Velea
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On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.
quote by Robert C. Solomon
Submitted by Lucian Velea
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Things To Be Balanced
Balance my heart between fast and slow beating rate,
Balance my wealth between the pauper and the rich state,
Balance my food between malnourished and overeating,
Balance my thought between weird and super serene.
Balance the car tyres to get aligned,
Balance the budget without any deficit,
Balance the love for the work and the family,
Balance the time between the recreations and duties.
Lord, Balance my posture of attitude at the altitude,
Balance my temperamental words when in multitude,
Balance the balance of deeds, on the judgment day,
by adding some good deeds or removing something bad.
poem by Veeraiyah Subbulakshmi
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Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
quote by Martin Feldstein
Submitted by Lucian Velea
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But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.
quote by Martin Feldstein
Submitted by Lucian Velea
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The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
quote by Robert C. Solomon
Submitted by Lucian Velea
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