US saves Europe.

[New Chalcedon]

First, the US dont save Europe, acctually Germany saved the US in the past 2 years when GM had crisis. US only saves greece.

And Italy, and Portugal, and Spain - each of these countries has had bond-market panics. And then, naturally, there are other countries like France, Austria, Finland, etc. etc. etc. - all of which have seen steady increases in their bond yields because of the pressure placed on fellow Eurozone members.

What does this mean? That the Eurozone is like a set of dominoes - as long as they all stay upright, they're all fine. When one goes over, there is pressure on the others to follow suit. The price they're paying for interlocking their economies so strongly.

Also, this move is a bandaid - it won't address the main issues at hand: that the ECB is insisting - in the strongest possible fashions at its disposal - on austerity in the middle of a demand slump.

[The Imperial Republic of New Kyoto]

Guess that makes Japan and Canada like Robin...

I wonder if they won't wear pants from now on?

Please, refrain from offering more bizarre ideas to Japan, m'kay?

But Japan is fun! And Canada can be Robin. Japan can be Batgirl!

[Municipal Engines]

Please, refrain from offering more bizarre ideas to Japan, m'kay?

But Japan is fun! And Canada can be Robin. Japan can be Batgirl!

Or at least a crossdressing cosplayer of Batgirl.

[GreaterAustria]

Greece has the Euro, but it should not because it has been senidng false reports about its economy for years. The US started the crisis first back in 2008, they are to blame.

Germany saved the GM bach then, because the US drove threaten to desroy the world economy. And how do they thanks Germany and China?

greece is not to be blamed.(at least the people) the goverment always lied to the people of greece!they were stealing their own nation and we are sick of it(by we i mean greece) the goverment always lied to us.So why sould we get out of the Euro because some corrupted people hve taken the governance of our country??

Greeks just don't pay taxes. They avoid taxes as much as possible. Same problem with Italy, Spain and Portugal. Those countries were dictatorship (except Italy, they are just corrrupt) until the seventies. The people don't thrust don't the government, so they don't pay taxes.

[Ergalion]

greece is not to be blamed.(at least the people) the goverment always lied to the people of greece!they were stealing their own nation and we are sick of it(by we i mean greece) the goverment always lied to us.So why sould we get out of the Euro because some corrupted people hve taken the governance of our country??

Greeks just don't pay taxes. They avoid taxes as much as possible. Same problem with Italy, Spain and Portugal. Those countries were dictatorship (except Italy, they are just corrrupt) until the seventies. The people don't thrust don't the government, so they don't pay taxes.

the common people pay taxes.the rich avoid it and the politicians.Because of them we came to this situation

[Ergalion]

greece is not to be blamed.(at least the people) the goverment always lied to the people of greece!they were stealing their own nation and we are sick of it(by we i mean greece) the goverment always lied to us.So why sould we get out of the Euro because some corrupted people hve taken the governance of our country??

Greeks just don't pay taxes. They avoid taxes as much as possible. Same problem with Italy, Spain and Portugal. Those countries were dictatorship (except Italy, they are just corrrupt) until the seventies. The people don't thrust don't the government, so they don't pay taxes.

and to tell you the truth when greece had Dictatorship things were better because noone would try to not pay the taxes and everything ran well back then

[Farnhamia]

Greeks just don't pay taxes. They avoid taxes as much as possible. Same problem with Italy, Spain and Portugal. Those countries were dictatorship (except Italy, they are just corrrupt) until the seventies. The people don't thrust don't the government, so they don't pay taxes.

and to tell you the truth when greece had Dictatorship things were better because noone would try to not pay the taxes and everything ran well back then

You mean, the trains ran on time?

[Ergalion]

and to tell you the truth when greece had Dictatorship things were better because noone would try to not pay the taxes and everything ran well back then

You mean, the trains ran on time?

what?i didn't understand..

[Cosgravia]

Why has all this happenad? it all started back in 2008, when some American banks got soooooooo cocky about the economic growth, they decided to give loans and mortages to people who they knew could not pay them back. Then, Fanny Mae, Freddy Mac, Lehmann Brothers and AIG collapsed, pulling Europe, parts of Africa and Asia down into recession and near economic collapse. Not the Australian, those lucky buggers were never in reccesion. But, I digress. This all started with America. Then Iceland cocked up. Then Ireland collapsed. Then Greece. Then Spain. Then Portugal. Then Italy.

As the worlds biggest economy, that in the past has bravely stepped up to help Europe, The US should have been expecting to be asked for help.

[Ergalion]

Why has all this happenad? it all started back in 2008, when some American banks got soooooooo cocky about the economic growth, they decided to give loans and mortages to people who they knew could not pay them back. Then, Fanny Mae, Freddy Mac, Lehmann Brothers and AIG collapsed, pulling Europe, parts of Africa and Asia down into recession and near economic collapse. Not the Australian, those lucky buggers were never in reccesion. But, I digress. This all started with America. Then Iceland cocked up. Then Ireland collapsed. Then Greece. Then Spain. Then Portugal. Then Italy.

As the worlds biggest economy, that in the past has bravely stepped up to help Europe, The US should have been expecting to be asked for help.

you know even the US have economic problems.i don't think that they will help because this can get them closer to "the end".But i am not sure about it. LOL

[Chemaki]

Ergalion, please don't troll in this thread.

[Farnhamia]

You mean, the trains ran on time?

what?i didn't understand..

No, I didn't think you would. That's what they used to say about Mussolini, he may have been a dictator but at least he made the trains run on time. He didn't, of course, but that's what people said.

[Farnhamia]

Ergalion, please don't troll in this thread.

How's he trolling?

[Ergalion]

what?i didn't understand..

No, I didn't think you would. That's what they used to say about Mussolini, he may have been a dictator but at least he made the trains run on time. He didn't, of course, but that's what people said.

i can understand what you mean but i don't know what to believe.History is righten with diplomatic way nowadays and in occassions there are lot of lies in it

[Ergalion]

Ergalion, please don't troll in this thread.

sorry.

[Drobak]

http://online.wsj.com/article/SB10001424052970204012004577069960192509068.html?mod=WSJ_economy_LEADStoryTop


The federal reserve, Central bank of Japan, Central bank of Canada, Central bank of the UK, Central bank of Switzerland, and the European central bank have stepped into to save the financial systems of Europe.

The US is injecting liquidity into European markets with short term low interest rate loans.

So does this mean on my next trip to Europe I get more ass kissing ?


Personally I do not think we should have gotten involved. Trying to bailout an economy bigger then our own doesn't make much sense.

What does NSG think ?

The United States saved Europe....again....seams to be a trend of ours.

[Farnhamia]

No, I didn't think you would. That's what they used to say about Mussolini, he may have been a dictator but at least he made the trains run on time. He didn't, of course, but that's what people said.

i can understand what you mean but i don't know what to believe.History is righten with diplomatic way nowadays and in occassions there are lot of lies in it

You said that things were better in Greece under the Dictatorship (the Colonels, wasn't it?). I simply mentioned that it is common for people to excuse dictators by saying, yes, they did bad things but they also did good things.

[Alyakia]

http://online.wsj.com/article/SB10001424052970204012004577069960192509068.html?mod=WSJ_economy_LEADStoryTop


The federal reserve, Central bank of Japan, Central bank of Canada, Central bank of the UK, Central bank of Switzerland, and the European central bank have stepped into to save the financial systems of Europe.

The US is injecting liquidity into European markets with short term low interest rate loans.

So does this mean on my next trip to Europe I get more ass kissing ?


Personally I do not think we should have gotten involved. Trying to bailout an economy bigger then our own doesn't make much sense.

What does NSG think ?

The United States saved Europe....again....seams to be a trend of ours.

good job reading the thread bub

[Smudgedonia]

At first I was like "Oh no he didn't" at the title

ETA: The euro, for countries who don't have enough famous people to stick on their own coins

May I sig this?

Knock yer self out

[Greed and Death]

I do wonder will the occupy Wall Street people chant "Europe got bailed out, We got sold out"?

[Alyakia]

I do wonder will the occupy Wall Street people chant "Europe got bailed out, We got sold out"?

change the title to "US, Japan, Canada, UK, Switzerland and Europe save Europe"

tia

[Greed and Death]

I do wonder will the occupy Wall Street people chant "Europe got bailed out, We got sold out"?

change the title to "US, Japan, Canada, UK, Switzerland and Europe save Europe"

tia

I don't know if Europe agreeing to accept our money constitutes a saving.

[Alyakia]

change the title to "US, Japan, Canada, UK, Switzerland and Europe save Europe"

tia

I don't know if Europe agreeing to accept our money constitutes a saving.

Then why did you put save in the title?

change title to "US, Japan, Canada, UK, Switzerland and Europe give money to Europe".

tia

[Farnhamia]

I don't know if Europe agreeing to accept our money constitutes a saving.

Then why did you put save in the title?

change title to "US, Japan, Canada, UK, Switzerland and Europe give money to Europe".

tia

Pro-tip: Taking G&D so seriously is seldom a good idea.

[Greed and Death]

I don't know if Europe agreeing to accept our money constitutes a saving.

Then why did you put save in the title?

change title to "US, Japan, Canada, UK, Switzerland and Europe give money to Europe".

tia

Too long, and I don't know if Europe agreeing to accept money constitutes giving.