You actually think this crisis was "solved"....???
Quote from peilthetraveler:
Umm...no you couldnt. The reason being is we dont have their currency to give them(or at least we dont have enough of it.)
For instance....The US buys saudi oil with dollars. Lets say one day they give the saudis 1 billion US dollars for oil. The saudis say "Hey, we dont want dollars, we want Saudi riyals" So they go to the exchange and say "I want to exchange all these dollars for saudi riyals" The woman at the exchange booth says "Sorry, we only have 10 million saudi riyals right now. You are not buying enough american goods with your riyals so we dont have enough to give you in exchange for your US dollars. But we can give you some nice treasury bonds that pay interest!"
...and the cycle keeps going every day. Now you know why they are pissed at us.
like you said, it's just a matter of a few weeksQuote from achilles28:
If you think this is anywhere close to being over, you're exceptionally dense...
how could the "media" be wrong? Don't they have the most sophisticated intelligince gathering service money can buy?Quote from achilles28:
Syriza, who the EU and media expected to win, lost the election. The immediate crisis was averted, obviously. The broader euro crisis has only begun. How do you suppose the EU plans to dig itself out of this giant (and *growing*) hole?
