Ireland, Greece May Leave Euro

Quote from ASusilovic:

Remains the question to be answered soon :

1) When and for which price will the USA sell New York to the Chinese ?
2) Will Arnold Schwarzenegger go back to Austria and become chancellor of Austria if the Chinese take over Sacramento ?

:D :D :D
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I don't know where China will open the negotiations, but they will probably eventually accept Alaska.
 
the difference between greece/Irland and US is that USA can print money how much they need.
Not shure if China should be happy owning much of the debt of the USA :-)
 
Quote from moarla:

the difference between greece/Irland and US is that USA can print money how much they need.
Not shure if China should be happy owning much of the debt of the USA :-)
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Who cares about the debt ? 5th Avenue is more interesting to own :

Bergdorf Goodman, 754 Fifth Ave.
Bergdorf Men's, 745 Fifth Ave.
Brooks Brothers, 666 Fifth Ave.
Bulgari, 730 Fifth Ave.
Cartier, 653 Fifth Ave.
Disney Store, 711 Fifth Ave.
Fendi, 720 Fifth Ave.
Ferragamo Women's, 661 Fifth Ave.
Fortunoff, 681 Fifth Ave.
Gucci, 685 Fifth Ave.
H. Stern, 645 Fifth Ave.
Harry Winston, 718 Fifth Ave.
Henri Bendel, 712 Fifth Ave.
Kenneth Cole, 610 Fifth Ave.
Louis Vuitton, 1 E. 57th St.
NBA Store, 666 Fifth Avenue
Prada, 724 Fifth Ave.
Saks Fifth Avenue, 611 Fifth Ave.
Sephora, 636 Fifth Ave.
Takashimaya, 693 Fifth Ave.
Tiffany & Co., 727 Fifth Ave.
Trump Tower, 725 Fifth Ave.
Van Cleef & Arpels, 744 Fifth Ave.
Versace, 647 Fifth Ave.
 
Quote from moarla:

the difference between greece/Irland and US is that USA can print money how much they need.
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I'm afraid USA can't.
Money is backed by debt, printing money means expanding debt.
 
Quote from orange_trad:

Might I add the total lack of sound economic thinking?

BTW why are the 'visionaries' who see the euro collapsing always Americans? :D
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What are you talking about? Over half the people in this thread are Europeans (judging from what I know about them AND a look at the IP addresses). They're the ones who are discussing the collapse of the Euro.

I will say that comparing Greece leaving the EU to California leaving the US is just silly and shows a lack of understanding in regards to BOTH areas of the world. California is a state, but sovereign territory of the United States. A measure to succeed would likely be countered by physical force. I doubt that would be even remotely a problem with Greece.

Greece is it's own sovereign body. Germany or France, or whatever other EU nation has no territorial rights over it.
 
Quote from C6H12O6:

I'm afraid USA can't.
Money is backed by debt, printing money means expanding debt.
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Yes, when the money comes from banks.
But the FED can buy Bonds as long as they like it to do....
what would be new debt, but as long you have the printing press, (NO GOLD STANDARD) who cares
 
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