The Euro Crisis - Which country will be next?

  • Thread starter Thread starter morganist
  • Start date Start date
Quote from oldtime:

at first I thought it was just a joke, then I got to thinking about it.

So where is Germany going to get all the money to save Europe?

Most likely, they will need a bailout, since it looks like they are going to get stuck with a lot of bad debt.

That's probably why Geitner went over there. To show them how the bailout works, since he already has experience with it. [/QUOTE

Trust me the Germans will dump the Euro or rearrange it the day one single person of any importance loses a penny there. The whole Euro project is much in their favour from day one. The only reason they are in it now is because of the tremendous benefit they get from the trade from the weaker currency the less wealthy states has given them.

They will roll it over till 2014 then they will dump it when the maturity of the big member states hit and can't keep it going without impacting negatively on their own economy.

Read the below article to see the currency situation I explained above.

http://morganisteconomics.blogspot.co.uk/2012/04/eurozone-is-polarised-economic-model.html
More...
 
There is no good outcome for Germany, which can NOT transfer risk, last resort for EUR, Just like FED for USD, however FED has BOJ to back it up. Germany has noone else, maybe SNB, which is too small to back up Germany. Chinese don't like Merkel, think she is just another Sarkozy who is ready to fail. Russian is ready to back into eastern European with funds. Oil price is cornered, which only way to hurt Russian. Chinese will enjoy falling oil price, and probably back Russian up.
 
No one in Europe actually cares about the Euro Crisis. No one has bothered to put forward any ideas to solve it apart from me in my book.

If they cared they would not be in the situation they are in now to start with.
 
Quote from morganist:

No one in Europe actually cares about the Euro Crisis. No one has bothered to put forward any ideas to solve it apart from me in my book.
More...

There are plenty mis and conflict information about austerity, some countries have proffered treatments over Greek, especially Spain who just got 100 Billions for being bad. LOL, the standard isn't equal. My bet is SYRIZA will probably win over the weekend, stopping austerity non-sense.

If Germany has any balls, it should just invade those mofo countries and ask its money back. Too bad, Merkel doesn't have any.
 
Quote from number22:

There are plenty mis and conflict information about austerity, some countries has proffered treatment over Greek, especially Spain who just got 100 Billions for being bad. LOL, the standard aren't equal, My bet is SYRIZA will probably win over the weekend, stopping austerity non-sense.

If Germany has any balls, it should just invade those mofo countries and ask its money back. Too bad, Merkel has no balls.
More...

I just don't think they give a sh*t to be honest. I think they are thinking we'll pump prime till we die then leave it to the next generation.
 
Greece should just hire everybody back at their old jobs with their old salaries and their old pensions, but just simply not pay them (because we have no money.) If their jobs are really that critical to the country, people that need their services will bribe them.

that's what you call a public private partnership
 
Quote from southbeach4me:

HUh???? :confused:


The most productive, fiscally responsible country in the euro zone is the NEXT one in trouble? ....LOL



Good lord, there is a lot of ignorance on this site...
More...
AFAIK a producer needs a consumer

try and guess who are the consumers buying German products.
done ?

then try and guess who are the consumers pissed off by the german government behaviour, and that won't buy a crappy german-nazi car as long as they live.
done ?

all right then :D
 
You must log in or register to reply here.
Back
Top