Why pay for the Greek thugs? Is Europe so stupid and spineless? EVEN GREEKS WANT TO SEE US NAIL THEM! Are we all gonna be destroyed just to let them get away with it ? Come on ! wise up,and be bold ! Punish the thieves Greek politicians and their accomplishes,and get the money EU gave ti Greek citizens back. THERE IS NO OTHER WAY! No more hypocrisy of this crime will destroy Europe!!! WAKE UP AND DO SOMETHING!!!! Come On wise up.Save Europe (and Greece) from rascal Greek politicians!!
SOLUTION!!! -----> The Catholic Church has been screwing the Europeans and their children for a very long time, LET THE ILL-GOTTEN RICHES OF THE CATHOLIC CHURCH PAY FOR EUROPEAN DEBT. ...the CC owes Europeans BIG TIME.
The pigs of europe are portugal italy greece and spain. The euro is flawed. Slavery of countries financially will lead to germany becoming the leaders financially in the european union and the creation of a german federal europe. The Germans will not accept no2 its in them to dominate and control Europe. France never learnt their lesson they think they can run with germany! Watch and see.......
Alas i wish the Euro would collapse unfortunately the whole crisis is artificial and was created to give the circumstances under which European nations would surrender their fiscal and budgetary sovereignty, then a United States of Europe follows, the US was created out of a war, today those plotting to destroy the independence of European Countries are instead banking on fear of a financial crisis.
that's my point,all this economic chaos was caused by economic anarchist socialists like george soros,bernie madoff,goldman sachs and the wall street bankers ect.if we get rid of the wealth re distribution,the entitlement mentality and re learn the honest work ethic and self reliance and self responsibily then we could all share in the wealth that we produce for our selves.if we don't turn back from this socialist experiment,we will suffer the same fate as the USSR. socialism fails every time!
ALL you whore hack lackeys and pathetic "do you think I'm as sexy as Fiona Bruce but still sincere" bimbos and all other presstitutes better wake up and stop bullshitting the sheeple of the so-called "united" kingdom as the attempts to "destroy the Euro" has backfired and some very, VERY big fat social economic chickens are coming home to roost in the US/UK and NO AMOUNT of "blaming" or trying to "sex up" the Geek/Euro "crisis is going to make them go away... ever see the movie 'Trading Places'?
I just don't know what greece's economic options are?they could try pimping their women out in turkish brothels,but who would pay money for this?or Germany could just work a little harder and underwrite greece's laziness but I'm sure that the hard working Germans are going to do that?hmm,or the greeks could get off their lazy sheep fucking asses'and get a job!?or option 4 would be to just let the socialist greek losers burn their country down and see if that solves our problem?I think so!
@bobb22ful you stupid, ignorant little turd, sounds like you must of come out of some gay turkish arsehole.
Just wait until the REAL kaka hits the fan in the US/UK, as their TRUE TOTAL GOVT DEBT, BAILOUTS, "QE", LIABILITIES AND PUBLIC DEBT make the EU's look like petty cash - AND THAT'S NOT INCLUDING THE HUNDREDS OF TRILLIONS OF HYPER TOXIC DERIVATIVES AND CRIMINALLY INSANE PONZY MORTGAGE INSURANCE SCAMS about to blow up in their faces. Then we'll soon see who has the last laugh fucknuckle...
@dpdvatika all caused by socialists like you,,,all of these scammers were lefties,not right American wingers. bernie madoff,george soros,john corsine,fannie mae,freddie mac,goldman sacks,lehman brothers and bill clinton's community re investmant act that caused the housing melt down.the list goes on of left wing organizations and people that decided that capitlaism must go one chip at a time,,,
@bobb22ful "lazy greek asses" and the UK still has a £50 billion trade defecit. The US still has a $500 billion trade deficit. Germany produces 5.3 million cars but the UK produces only 1.3 million cars. So who is lazy. The UK is a nation of house price Ponzi speculators. The service sector is like paddling in a pond. After spinning around in circles sooner or later you get tired out and then sink. Britain and the US will not sink the euro but will find themselves at the bottom of the sea.
From today's news: despite of the severe crisis the country is in now and it dependency on money from the IMF and other European countries, Greece ordered 400 Abrahams tanks in the USA.... This is exemplary for the Greek state of mind: that the situation isn't that bad at all and they can keep on spending large sums of money and that Europe will take financially care of them...
If all the public workers took to the street there would be nobody working in the country of Greece. Highly public serviced country. They are and will fail.
it is funny how you americans consistently attack the euro zone and what we did wrong...in fact, you jare the ones responsable for the euro crisis...you had your fag dolar going down, you fucked europa...a nation ruled by an ape...go screw yourself
@Cassnet It took several nations to build up the euro but the currency of one nation to hurt it? Several nations ruled by several monkeys to barely do better than the U.S. LMAO
@Cassnet Hahahaha! If you weren't a bunch of lazy socialist cowards, you would not be in this situation! Face it - you should not retire at 52 years old and have a political system where whichever Red leader promises to dole out the most government cash wins election time and time again.
@Cassnet Hahahaha! If you weren't a bunch of lazy socialist cowards, you would not be in this situation! Face it - you should not retire at 52 years old and have a political system where whichever Red leader promises to dole out the most government cash wins election time and time again.
Europe's leaders usually avoid any talk about restructuring debt in the euro zone. Publicly, the option has been ruled out. But not talking about it doesn't mean the problem isn't there. The recent moves towards softer bailout terms for Greece is a good step, but right now, Europe's leaders seem to be in something of a no-win situation with Greece. Keep matters how they are or tweak the existing agreement, and either keep Greece on a politically sensitive EU
The European superstate is dead, but the common currency isn't necessarily dead. The euro is finally achieving at least one of its goals—forcing economic reform, though probably not the salutary, clean reform that many hoped for. More likely sub-par reform, with bouts of inflation, stagnation and pitched battles over political allocation of scarce opportunity and resources....
i am from israel. i am afraid of turkey. because turkey is stronger than us. please dont leave israel alone against turkey. please help us. TURKEY WILL SHOOT TO ISRAEL 2 MONHS LATER. AMAERICA MUST HELP US OR WE (THE JEWS) WIL FUCK YOUR ECOMOMY.
Its about time we ditched Van Rompouy and his fellow criminals. I'm sick of paying for bailouts that shouldn't be needed. Death to the EU, love for Europe!
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It wont be long before this rediculous farce of a carbon tax will hit every one, Please ask your MP's where all this money will go. It will do nothing for you and most of it will just go poof and dissapear like all the bale out money.
Please write letters with pens and paper to your MPs MEPs and the PM to get us out of this utter mess. Don't bother just blogging or emailing ,write a letter a week. The EU is responsible for most of the dumb regulations the UK follows unswervingly , & it's sucking away our money. The grants they give out come from us originally with them taking a 30 % cut ! WAKE UP
If Greece pulled out of the Euro and replaced it with their old Drachma currency then they'd be free to devalue their currency. A cheap Drachma would see millions of tourists flock back to Greece thus filling their hotels and often world class island holiday destinations bringing badly needed foreign cash to their economy - without the need to borrow. The Greeks could even go one better than that by pulling out of the corrupt and criminal led European Union project as well.
don't blame global capitalism!! The buyers of debt take risk. This is unsecured debt. When it can't be paid off, you default. That's the way it goes. Debt buyers KNEW Greece was well beyond the debt/GDP ceiling set by the EU. They took the risk anyway...they lose. That's the way it is. Greek Garbage Collectors have to take a 10% wage cut so the government can make sure they pay the interest on their giant debt. That's immoral and should never happen. Demand default!!
What we need is uprising all around the world. We need to replace the monetary system with a Resource Based Economy. Money divides people all around the world. i'm sorry but you can't eat breath or live on money, gold or silver. Especially when all forms of money is based on bone crushing debt.What Humanity need is access to resource.If you deny people access to resources then all we are going to be left with is with violence.We all need, clothing, shelter, health care true social education.
@Soonerg2121 Let's say you bake breads for a living. You would like to trade a tv for 100 breads, but why would that person need 100 breads? The baker would not be able to buy larger items or he should keep trading 10 breads for smaller items and then buy the tv for 10 of those items, but why would the person need 10 things worth 10 breads. This is one of the reasons people stopped using a resource based economy and it will probably not be good to go back to this medieval idea.
@sjoperdje Mira Chico. What will be medieval is when hyper inflation sets in. Especially when you need to buy a loaf pf bread for 10,000 euro or dollar maybe as high as 55,000 Euro or dollar. Also stop talking kaka Ok? Because humanity has never witnessed a Resourced Based Economy. Your the kind of guy who loves to through Spaghetti and see what sticks.So keep telling yourself that this Pyramid Ponzy Scheme is great for the human race especially when they go hungry and have no place to live.
@sjoperdje Soonerg is right. You're full of shit. Go back to school and learn a few things about 'medieval' economies before you spout off any other bullshit. Peace.
@missingt00th I call it medieval, because we had a kind of resource based economy in the past. Why did we change it? Because money is fucking awesome. Peace out.
@sjoperdje No, actually, I'm pretty fucking happy. Ecstatic, actually, because my students really respond to my ideas, knowledge and approach, and I tell it like it is. I've got a set of testicles enough to do that.
I can;t find your comment so I'll respond here. How can you POSSIBLE think that a poor man would defend his goods with any less fervor than a rich man? I got everything I own by my own labor, no one got it for me. YOU may have to exploit someone for gain, I don't. And you have no horse in this race, so why do you comment?
@ClarksonsinUSA Given that over 60% of the UKs trade is with the Eurozone, we are very much tied to its fate. All those that cheer is problems dont seem to care about the implications for the UK, very much cut your nose of to sprit your face.
@ClarksonsinUSA Really, REALLY? I dont know if you have noticed but since the banks fucked everything up, the pound has dropped against a load of currnencies.....the plus side is that it makes UK exports cheaper, but i would not call it stable.
@ClarksonsinUSA Errr, it does not matter what my countrymen think, the reality in the market is that the pound has A) increased in volatility, and B) decreased in value against the €. Just because something is popular, does not make it correct, factual or otherwise (I mean, just look at religion!).
Leave it to the British BBC to speculate about the Euro`s collapse. Bunch of tin foil wearing freaks. And Guess what. Now over a year later the Euro is stronger then ever. Now at an incredible 1.50 vs the Dollar. Greece debt should be restructured it`s unavoidable. But lets remind us that Greece lied about it`s budgets. The EU is gaining new powers to greatly increase oversight. But a nation that makes up 3% of the EU population and 5% of the Eurozone can hardly collapse the Euro. Get real.
portugal was 7.3 debt but since this was when the markets where squeezing portugal they put two extra points... good one bbc just keep serving the queen and his jewish mob
if the euro falls they will create another coin the next day for the economical market called europe why? because every country needs eachorther and no one can stand alone, the uk did because they had the londomn new york connection and oil like the northern countries but that oil is running out, so, with the number of 450 ppl we need to stick together because of china brasil etc big markets
Relaxe, Fear is your enemy, when you realize that we are immortal and our bodies are just a vessel that is used to transport our spirit then you have no need of fear. We have no need of money, everything we need can be provided, the only reason we are in competition for food, water and everything we need to survive is because we have a cabal of psychopathic controllers who control everything and put us in a position where we have to work our tails off just to make ends meet.
The problem is not fiat currency but the entity that controls the quantity i.e. the central banks. We can keep the fiat currency but allowing only governments to issue the money at no interest. See the "Secret of Oz" here on youtube for the history and the answer to the worlds problems.
@catmar1944 I saw it and it was a real eye opener, i'm scared of what is to come these next years. I wonder if 5000 years from now people will look into our era and into our monetay system and say we were all primitive fools
The euro is managed and administered by the Frankfurt-based European Central Bank that may be part of the problem as they let too much of the socialism such as in Greece to bleed the system. Socialism in its purest sense doesnot work,trying to mix the two systems inpart created issues. Same issues in USA in state like California as gov employees are paid to many benifits,and wages tomuch higher than private sector,that cannot work and doesn't. private sector must always pay more than gov.sector
@starview1 I agree with you about private sector always should pay more than gov, about Germany rule the european money, well, they are the European Comunity engine, they have to assure that the money is well spended. It`s gov like mine who have to administrate it better, none for instance, the bank governor of Portugal earn more than the president of the american federal reserve, how is it possible? And he was an incompetent bastard, nonetheless, now he`s the 2nd in CEB, how can it be?
@PaulGrantDesigns what folks seem to forget,at least for now is that the dollar is the world reserve money.Prior to WW2 it was the British pound, (for almost 150 years)but hitler and his nazi idiots started ww2 which bled the Uk,when the USA got into the ww2 thing the UK was deep in debt and getting worse because of hitler,the USA BTW came in late because it didn't have much of a military at the time,theres more not enough space here to get it all down, but thats the drift of the deal.
...so the english speaking finance world lick their own wounds with the help of the national broadcaster like bbc and cnn. This vid is nearly one year old and the anti Euro propaganda still goes on. The motivation is to push up the gold price and other material assets under support of the IMF. Come on wikleaks, put the bank cables on the desk.
I hope it does collapse so the assholes that tried to create an EU superstate realise that playing with other peoples money will bring you big trouble, especially when you don't give them a choice as to whether they want it or not. I said to my wife years ago when it all began that this would happen. Fuck the Euro and fuck the EU. We want our own currencies back. It all worked fine before.
The Euro is doomed because you can make pigs leaner but you cannot turn them into thoroughbreds
(as Germany and Holland are economically speaking). The Pigs have a Euro that is 10-15 % overvalued for their economies and going forward the spread will just get worse (2-3% per year considering their low competitiveness, high debts, inflexible labour market and that they have to pay many percentage points higher to finance the debt)
Number one problem among the PIGS nation, Portugal, Ireland,Greece and Spain is massive immigration from non-European countries, if you deport those immigrants, those countries will be much better economically, not paying social services to them.
Also Sinn Fein is leftist very being pro-immigration is aggravating the problems of Ireland.
@Lousypenguin The EU was initiated with the Marshall plan for Europe after WW2, the Anglosaxon cousins of the British, Scottish and Irish people are in USA who made the decisions initially, Goldman Sachs is in New York that helped Greece hide their financial problems, after 60 years, it turned sour even for the British.
It was better and more prosperous for the British, Scottish and Irish to deal with the CommonWealth nations.
@alainvig well the thing is The name euro was came about on 4 August 1995 by Germain Pirlot, a Belgian Esperantist and exteacher of French and history, and officially done in Madrid on 16 December 1995The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1.In part the idea was tokeep EU united and give it economic unity,which is now in jeapardy,socilaistic methodologies R cause of failing
@starview1 No it's wrong, Euro currency was done and planned during Jacques Delors, the French EU commissioner when the EU was with only 10 member states, I still remember it because we Germans have been longer in the EU, than the 17 new countries that joined later on after 2003, in 1995 we became 12 member states with Spain and Portugal added.
@alainvig well that in part is accurate,however the dates I mentioned are the dates recognized officially by the banks,and of course the foundational constructs are upfor debate,you insite is much appreciated, the thing is,.In part the idea was to keep EU united and give it economic unity,which is now in jeapardy,socilaistic methodologies are in part a cause of current failings,as with any plan it requires honest folks to carryout the plan, crimminal activity foils best intentions
@starview1 Every countries in the EU have socialistic methodologies and if you want to compare the USA to the rest of the world, America has the worse in healthcare and social security. Europe is civilized continent, we take care of our people. Listen try to understand more than English, learn at least 3 European languages and you will understand Europe.
All EU countries that have socialism are well off like Sweden, Norway, Denmark, France, Germany. We have free education, I like it like that
@zOMGLaserGunzPewPew Americans have to pay for University education. Even small community college are paying colleges, but American university are more expensive than in Canada, it goes from $12,000 for public schools to $60,000 for private schools depending on your studies.
In Europe we only pay small fees like libraries, food, medical checkup, all middle class students can pay.
So America university education is only for the rich kids.
@alainvig2 Universities should be free. Not only because everyone must have the opportunity of higher education but because there is a matter of credibility as well. When a student pays, he is not a student, he is a Custormer. So, unavoidably there is a conflict of interest. I've never heard of anyone going to a private school failing. In greece universities are public and they don't care letting students fail. If you do not deserve to pass the exam there is no way you can pass
@starview1 The reason for the failings in Europe, are the over spenders and neo-liberal countries like Ireland and, Greece that speculated in risky financial transactions, Casino financial gambling, that goes off what the EU recommends. Ireland negotiated their financial freedom when they signed the Lisbon Treaty, and we all know how undisciplined "financial freedom" has brought Ireland to now, it has nothing to do with socialistic methodologies, it was because of unregulated capitalism.
@UnknownOconnor You are irish, your people are lazy drink ale all the time, i don't see anything about "working hard" from the irish stupid people, all of the irish people are worthless.
@alainvig If you're trying to insult, at least try harder than that! You have ClubMed bleeding you dry and it's a gift from god. You can watch while you burn but you cannot do anything!
@UnknownOconnor shut up irish, your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
If you had been born with even a very small brain [German or otherwise] it would occur to you that a very small country like Ireland would find it very difficult to compete with a country like Germany, a country of what ... 80 million people ?
I am quite sure YOU personally have never contributed ANYTHING to German culture or engineering :-).
Seventy years ago Mr Hitler probably would have had you in one of his holiday camps as an assistant stoker.
@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
the euro needs to go, it was not good for any country it seems, only good for the banksters and fraudsters who made money, the IMF and world bank are laughing all the way to the bank, their own that is! expose these criminal organizations and take back your sovereignty.
@sayNOtoevilNOW No it will work. If they just let the countries default. The Governments spent like drunken sailors promising everything under the sun to get elected. Look at what your socialism gave you.
They name 4 reasons why Greece cant get itself out of the crisis.
1. Devalue the currency.
2. Lower Interest Rates
3. Print Money
4. Buy up debt.
Some how they conclude this must then mean the crash of the euro. Well then, the dollar is obviously going to crash since California and Illionois can do non of those things either.
People(even some economist) think that devaluing a currency is some magic solution to boost the economy. Here is a solution, cut 50% of all salaries in Greece, therefore allowing companies to lower 50% of the price. But wait...then people would yell are you CRAZY cutting salaries by 50%, and claim it is much better to devalue the currency. And then I would say, ITS THE SAME FUCKING THING YOU NUMBNUTS, the only difference is, when currency devalues, people dont protest in the street.
ms coballt blue i aggree with you i am from freece and then banks here can they have a flooded percantage if you get a credit for a car or even worse a house they always changing even the years the percantage you pay monthly for them like they want it and even worse is it in germany i lived there for 15 years you pay to much back for a credit but they are really carefully giving credits and one good thing is if you losing your job by getting unemployed the govermet there helps you out
The financial/banking system is entirely unsustainable. Debt which can only be paid off by more debt...? For "intelligent" beings we really haven't quite mastered the basics. Money worked for a while, now its the achilles heel of humanity and its leading us down a dark road. Humans are not responsible for climate change, energy crises, food crises, unemployment, bank bailouts, poverty, war etc.. money is. We need to let it go, for the sake of our own survival. The Venus Project is the solution.
Eurosceptics have been predicting the Euro's demise almost every year since its creation, at the height of this fabricated hysteria they were quite convinced that the Euro would not survive the summer then when that fantasy failed to materialize it became its value would keep on falling etc ... .
Im sure they will find another bogus reason for the Euro and the EU's collapse next year as theres always an impending doom for the EU inside their Eurosceptic teacups ... .
this system CLEARLY isn't working in the best interests of any but a tiny few so it's now time to scrap it; enough's enough. Why should these offshore bankers be allowed to terrorise the ppl & steal from them generation by generation with impunity? We must abolish fractional reserve banking & usury & issue our own currency backed by gold instead of allowing these prostitute politicians to borrow money at interest from an intergenerational gang of genocidal, drug-running crooks who pimp them
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OH, in Britain the public deficit 12.5 % of GDP. It's pretty much the same in the US! Why aren't these countries suffering? Why isn't the pound or dollar being attacked?
@bhigr because the people who trade in the markets are either by birth or orientation Anglo Saxon. So they trust what the governments in the UK and USA say. The whole 'crisis' with the Euro is completely illusory in my view.
@bhigr they aren't being "attacked" because the financiers have much more faith in the UK and US ability to pay back any loan than they do for greece and spain. Same as if you ask your local bank for a loan: if they think you're a high risk then they will charge you much more interest. It's not just about numbers, it's much more to do with international confidence.
@Gary190tube How can they have more faith in the USA or Britain if the public debt in relation to the GDP is as bad as in Greece and worse than in Spain and Italy? Both British and American bonds should be rated subprime,.
But I guess you are right. This is not about facts or numbers. These are three anglo-american rating agencies and a couple of zombie banks working at the demise of the Euro. Let's see who wins in the end.
@bhigr you go with this anglo-american (or anglo-saxon, whatever that means) conspiracy thing? If spain etc gets into trouble, we're all in trouble, including uk and usa. NOBODY wants it to happen. Right now spain etc are in the news because of the euro crisis, which is big news at the moment. UK isn't in the euro so it doesn't make the news so much. But rest assured we have big problems of our own. There's no "winners" if the euro fails. The UK wants to join the euro when the time is right.
@Gary190tube Well yes, because there is no other rational explanation for targeting Spain and not targeting the UK. I hope that both the UK and USA recover from this crisis. But the balance of powers of the financial markets in the world is going to shift away from New York and London. This is what they fear, but it is inevitable.
euro---failed experiment, European union---failed experiment, soccer---sport of losers, Europeans---lazy fools who think a society can function if people only work 35 hours a week, NATO---failed experiment, political correctness---failed ideology, IMF---failed experiment, World Bank---failed experiment, the United Nations---failed experiment, trying to hold talks with Middle Eastern/African/Central Asian Islamofanatics---failed policy, Europe---failed continent
It is humorous really.....two years ago everyone was saying the dollar would collapse and to put all your money in the euro.....now the euro is on the verge of collapsing and the dollar is strengthening
@Jacobrester That's not the only issue. Now it's the US's fault. I mean, the US was mocked about the collapsing dollar. Now the Euro collapse is our fault too. Is there anything that's not the US's fault??
@dannydarias1 Everyone with a brain knows the current EU debacle is a direct result of their own greed and mismanagement.......I personally believe the EU will survive with a restructured political and financial model.....however....the current news I am getting is bad.......look for Hungary to bankrupt
@Jacobrester I agree with you. They will have to make tough choices, that's all. Either slash spending and put up with riots, or collapse the Euro. It's simple.
I feel terrible for the German people because they hitched their wagon to a fading continent. The German government should have known that the future is about Asia.
The United States has made brilliant move by nurturing its relationship with China. Britain is did the right thing by hitching its wagon to America.
@eatandtravel You feel bad for the Germans?? Do you know how much they benefited from the Euro? As well as France? They made huge sums by selling to the weaker Euro countries (Greece, Spain, Portugal, etc) because of their edge on the Euro. It's time for pay back.
@eatandtravel I agree that Germany was productive and perhaps more responsible than the PIIGS. But it also benefited by setting Euro rates to their OWN advantage to boost exports. The Euro is flawed from the gecko. You cannot have an interest rate that can accommodate for all the Euro nations. Hence rates are set to the advantage of the larger and more powerful nations (Germany, France). They benefited in the past, let them feel the pain now.
It just doesn't make sense forGermany to pick the bills and pay the debts of irresponsible governments such as Greece, Portugal, Ireland, Spain and Italy.
The collapse of the Euro zone and the Euro are inevitable.
@Christophilus1988 In Africa having dollars as loo paper would be considered a luxuary. If their tribal governments wouldn't waste money on themselves but instead give it to their peoples then they'd be better offf by far. Uncle Sam's the best because there soon will be a trade war and those yellow commis the Chinese, will feel the force of it. Its Americ'a secret weapon against the Asians.
@Christophilus1988 I wish we could do that over here in Britain generate jobs but we have to ask Europe too wipe our own bottoms before we do that anything like that. There so much paper work, taxes and rules there's no hope of getting in down from the 2 half million unemployed that with got now. The benefit system also creates unemployment thus stifling the much needed job creation.God bless the USA without it we'd be fucked.
Good let the fucking Euro go it was a bloody stupid currencey in the first place. A federalist tool by the New USSR Brussels beaurcrats to have their super state. Good on Cameron for telling the German elf chancellor and the drawhf French president that we can't afford to bail out Greece or any other dago country that can't pay its way in the Euro. Thank God we didn't let Blair get us into this crazy currency or we'd be up the same shit creek as Greece is now.
I was wondering. Where do I take my next vacation? Go to Europe I was told. You've never been to Europe. What do I want to go to Europe for though? I live in the USA. Who gives a sh_t about Europe? I don't even want to go to Canada. The television sucks in Canada. I'm going to Disney World in Orlando. Maybe I'll go to Colorado and climb a mountain. Life is good my friends. Sooooo good.
gejo1008 4 days ago
wait in line with the: pakis, nigerians (heroin) , bulgarians, albanians etc
BayouBluesMan 2 weeks ago
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Germany will be flooded with people from the PIG states.........
MrKatzengreis 1 month ago
War is good for the economy. Lets invade Greece.
Bossieman11 1 month ago
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SOLUTION!!! -----> The Catholic Church has been screwing the Europeans and their children for a very long time, LET THE ILL-GOTTEN RICHES OF THE CATHOLIC CHURCH PAY FOR EUROPEAN DEBT. ...the CC owes Europeans BIG TIME.
Born2Flesh 1 month ago
fxck the euro,let it burn,bring back the punt
ireland474 1 month ago 4
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The pigs of europe are portugal italy greece and spain. The euro is flawed. Slavery of countries financially will lead to germany becoming the leaders financially in the european union and the creation of a german federal europe. The Germans will not accept no2 its in them to dominate and control Europe. France never learnt their lesson they think they can run with germany! Watch and see.......
scottevangelist 1 month ago
Alas i wish the Euro would collapse unfortunately the whole crisis is artificial and was created to give the circumstances under which European nations would surrender their fiscal and budgetary sovereignty, then a United States of Europe follows, the US was created out of a war, today those plotting to destroy the independence of European Countries are instead banking on fear of a financial crisis.
Parasmunt 1 month ago
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The Great Euro is kaput ! lol
USA is still number #1 Numero uno.
TheIxtlan 2 months ago
Is it not the plan that the euro should fail to boost the chance of a dollar reboot?
The US needs to re-install the dollar as the sole international currency to be able to deal with it`s debt.
The idea seems to be that the Europeans have to go back to small currencies with the British pound in control over them and dollars for everyone.
wjdonner 2 months ago
that's my point,all this economic chaos was caused by economic anarchist socialists like george soros,bernie madoff,goldman sachs and the wall street bankers ect.if we get rid of the wealth re distribution,the entitlement mentality and re learn the honest work ethic and self reliance and self responsibily then we could all share in the wealth that we produce for our selves.if we don't turn back from this socialist experiment,we will suffer the same fate as the USSR. socialism fails every time!
bobb22ful 2 months ago
watch?v=tXTEe63BVEg&feature=related
watch?v=m-Z3awCv1hQ&feature=relmfu
watch?v=G8bF1pWKaOE&feature=related
watch?v=L_gRYmhf3U8&feature=related
dpdvatika 2 months ago
ALL you whore hack lackeys and pathetic "do you think I'm as sexy as Fiona Bruce but still sincere" bimbos and all other presstitutes better wake up and stop bullshitting the sheeple of the so-called "united" kingdom as the attempts to "destroy the Euro" has backfired and some very, VERY big fat social economic chickens are coming home to roost in the US/UK and NO AMOUNT of "blaming" or trying to "sex up" the Geek/Euro "crisis is going to make them go away... ever see the movie 'Trading Places'?
dpdvatika 2 months ago
@dpdvatika it will be orange juice for the UK but it will taste of lemons, all lemons!
iglwy 2 months ago
I just don't know what greece's economic options are?they could try pimping their women out in turkish brothels,but who would pay money for this?or Germany could just work a little harder and underwrite greece's laziness but I'm sure that the hard working Germans are going to do that?hmm,or the greeks could get off their lazy sheep fucking asses'and get a job!?or option 4 would be to just let the socialist greek losers burn their country down and see if that solves our problem?I think so!
bobb22ful 2 months ago
@bobb22ful you stupid, ignorant little turd, sounds like you must of come out of some gay turkish arsehole.
Just wait until the REAL kaka hits the fan in the US/UK, as their TRUE TOTAL GOVT DEBT, BAILOUTS, "QE", LIABILITIES AND PUBLIC DEBT make the EU's look like petty cash - AND THAT'S NOT INCLUDING THE HUNDREDS OF TRILLIONS OF HYPER TOXIC DERIVATIVES AND CRIMINALLY INSANE PONZY MORTGAGE INSURANCE SCAMS about to blow up in their faces. Then we'll soon see who has the last laugh fucknuckle...
dpdvatika 2 months ago
@dpdvatika all caused by socialists like you,,,all of these scammers were lefties,not right American wingers. bernie madoff,george soros,john corsine,fannie mae,freddie mac,goldman sacks,lehman brothers and bill clinton's community re investmant act that caused the housing melt down.the list goes on of left wing organizations and people that decided that capitlaism must go one chip at a time,,,
bobb22ful 2 months ago
@bobb22ful "lazy greek asses" and the UK still has a £50 billion trade defecit. The US still has a $500 billion trade deficit. Germany produces 5.3 million cars but the UK produces only 1.3 million cars. So who is lazy. The UK is a nation of house price Ponzi speculators. The service sector is like paddling in a pond. After spinning around in circles sooner or later you get tired out and then sink. Britain and the US will not sink the euro but will find themselves at the bottom of the sea.
iglwy 2 months ago
don't forget that they're not really bailing out Greece, they're bailing out the banks who invested in Greece. Again. And again. And again.
SoapClawtooth 2 months ago
this whole world shall collapse ... very soon ^^
undead600 3 months ago
NICE TRY BBC, NO MENTION OF UK DEBT AS THOUGH IT DOES NOT EXIST.
iglwy 3 months ago 3
AND THE EURO DIDN'T COLLAPSE! BUT THE POUND WILL
iglwy 3 months ago
What a complete bunch of idiots the E.U is, all the ones ive heard are in complete denial ..
luvpump1 3 months ago
When this crisis really starts cue a terrorist attack to make sure things get fucked.
jancrow23 3 months ago
@imminent46 Afraid not, China is here to stay. Eurozone is fucked.
imil90 3 months ago
@imminent46
the federal reserve runs the world
we all use paper money.
hyylo 3 months ago
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From today's news: despite of the severe crisis the country is in now and it dependency on money from the IMF and other European countries, Greece ordered 400 Abrahams tanks in the USA.... This is exemplary for the Greek state of mind: that the situation isn't that bad at all and they can keep on spending large sums of money and that Europe will take financially care of them...
Change6609 3 months ago
If all the public workers took to the street there would be nobody working in the country of Greece. Highly public serviced country. They are and will fail.
YiuTeub 3 months ago
@imminent46 it was even predicted its gone all of europe except the mighty great britain will crumble
PoliceRPG 4 months ago
it is funny how you americans consistently attack the euro zone and what we did wrong...in fact, you jare the ones responsable for the euro crisis...you had your fag dolar going down, you fucked europa...a nation ruled by an ape...go screw yourself
Cassnet 4 months ago
@Cassnet It took several nations to build up the euro but the currency of one nation to hurt it? Several nations ruled by several monkeys to barely do better than the U.S. LMAO
ObjectiveHate 4 months ago
@Cassnet Hahahaha! If you weren't a bunch of lazy socialist cowards, you would not be in this situation! Face it - you should not retire at 52 years old and have a political system where whichever Red leader promises to dole out the most government cash wins election time and time again.
TheLoyalOfficer 4 months ago
@Cassnet Hahahaha! If you weren't a bunch of lazy socialist cowards, you would not be in this situation! Face it - you should not retire at 52 years old and have a political system where whichever Red leader promises to dole out the most government cash wins election time and time again.
TheLoyalOfficer 4 months ago
@leftiesaremorons if you're a troll, probably best not to say it!
nowthatsinteresting1 4 months ago
Europe's leaders usually avoid any talk about restructuring debt in the euro zone. Publicly, the option has been ruled out. But not talking about it doesn't mean the problem isn't there. The recent moves towards softer bailout terms for Greece is a good step, but right now, Europe's leaders seem to be in something of a no-win situation with Greece. Keep matters how they are or tweak the existing agreement, and either keep Greece on a politically sensitive EU
JIMY45GR 4 months ago
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The European superstate is dead, but the common currency isn't necessarily dead. The euro is finally achieving at least one of its goals—forcing economic reform, though probably not the salutary, clean reform that many hoped for. More likely sub-par reform, with bouts of inflation, stagnation and pitched battles over political allocation of scarce opportunity and resources....
JIMY45GR 4 months ago
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Why is she smiling?
fleeshflush 4 months ago
The collapse of the Euro is terrific!
It's the project and hobbby of the Rothschilds for their hardon for world government & one currency (with them loaning at interest, of course)
dgl1962 4 months ago
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i am from israel. i am afraid of turkey. because turkey is stronger than us. please dont leave israel alone against turkey. please help us. TURKEY WILL SHOOT TO ISRAEL 2 MONHS LATER. AMAERICA MUST HELP US OR WE (THE JEWS) WIL FUCK YOUR ECOMOMY.
saylikubac 4 months ago
Its about time we ditched Van Rompouy and his fellow criminals. I'm sick of paying for bailouts that shouldn't be needed. Death to the EU, love for Europe!
wardydave 4 months ago
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TheBlackSeo 4 months ago
It wont be long before this rediculous farce of a carbon tax will hit every one, Please ask your MP's where all this money will go. It will do nothing for you and most of it will just go poof and dissapear like all the bale out money.
johnmalcstan 5 months ago
1:33 this guy isn't happy
azamonde 5 months ago
The Euro needs to go and so do the clowns that make up 3,000 new laws every year for europeans.
bhoy029 6 months ago
Please write letters with pens and paper to your MPs MEPs and the PM to get us out of this utter mess. Don't bother just blogging or emailing ,write a letter a week. The EU is responsible for most of the dumb regulations the UK follows unswervingly , & it's sucking away our money. The grants they give out come from us originally with them taking a 30 % cut ! WAKE UP
161rewind 6 months ago
If Greece pulled out of the Euro and replaced it with their old Drachma currency then they'd be free to devalue their currency. A cheap Drachma would see millions of tourists flock back to Greece thus filling their hotels and often world class island holiday destinations bringing badly needed foreign cash to their economy - without the need to borrow. The Greeks could even go one better than that by pulling out of the corrupt and criminal led European Union project as well.
RedGoblinus 7 months ago
don't blame global capitalism!! The buyers of debt take risk. This is unsecured debt. When it can't be paid off, you default. That's the way it goes. Debt buyers KNEW Greece was well beyond the debt/GDP ceiling set by the EU. They took the risk anyway...they lose. That's the way it is. Greek Garbage Collectors have to take a 10% wage cut so the government can make sure they pay the interest on their giant debt. That's immoral and should never happen. Demand default!!
ecopsych101 7 months ago
At 1:32, dude gives the bird finger. Interesting...
racerxj220 7 months ago
What we need is uprising all around the world. We need to replace the monetary system with a Resource Based Economy. Money divides people all around the world. i'm sorry but you can't eat breath or live on money, gold or silver. Especially when all forms of money is based on bone crushing debt.What Humanity need is access to resource.If you deny people access to resources then all we are going to be left with is with violence.We all need, clothing, shelter, health care true social education.
Soonerg2121 7 months ago
@Soonerg2121 Let's say you bake breads for a living. You would like to trade a tv for 100 breads, but why would that person need 100 breads? The baker would not be able to buy larger items or he should keep trading 10 breads for smaller items and then buy the tv for 10 of those items, but why would the person need 10 things worth 10 breads. This is one of the reasons people stopped using a resource based economy and it will probably not be good to go back to this medieval idea.
sjoperdje 7 months ago
@sjoperdje Mira Chico. What will be medieval is when hyper inflation sets in. Especially when you need to buy a loaf pf bread for 10,000 euro or dollar maybe as high as 55,000 Euro or dollar. Also stop talking kaka Ok? Because humanity has never witnessed a Resourced Based Economy. Your the kind of guy who loves to through Spaghetti and see what sticks.So keep telling yourself that this Pyramid Ponzy Scheme is great for the human race especially when they go hungry and have no place to live.
Soonerg2121 7 months ago
@sjoperdje Soonerg is right. You're full of shit. Go back to school and learn a few things about 'medieval' economies before you spout off any other bullshit. Peace.
missingt00th 6 months ago
@missingt00th I call it medieval, because we had a kind of resource based economy in the past. Why did we change it? Because money is fucking awesome. Peace out.
sjoperdje 6 months ago
@missingt00th Damn. You're some kind of pissed off teacher from what I can see reading your posts lol.
sjoperdje 6 months ago
@sjoperdje No, actually, I'm pretty fucking happy. Ecstatic, actually, because my students really respond to my ideas, knowledge and approach, and I tell it like it is. I've got a set of testicles enough to do that.
missingt00th 6 months ago
@missingt00th
I can;t find your comment so I'll respond here. How can you POSSIBLE think that a poor man would defend his goods with any less fervor than a rich man? I got everything I own by my own labor, no one got it for me. YOU may have to exploit someone for gain, I don't. And you have no horse in this race, so why do you comment?
RetSquid 6 months ago
dark age here we come
robbertb 8 months ago
Britian should leave the EU... whole thing is shit
FluffyWesties 9 months ago
@FluffyWesties U.K> will probably join Asia since half the country is now Paki,Indian or Muslim!
Liebana1000 8 months ago
@Liebana1000................. Not..............
ClarksonsinUSA 8 months ago
@ClarksonsinUSA I wait with baited breath for you next syllable!
Liebana1000 8 months ago
@Liebana1000 good to know...
ClarksonsinUSA 8 months ago
@FluffyWesties at least you are not tied into the currency..
ClarksonsinUSA 8 months ago
@ClarksonsinUSA Given that over 60% of the UKs trade is with the Eurozone, we are very much tied to its fate. All those that cheer is problems dont seem to care about the implications for the UK, very much cut your nose of to sprit your face.
EvilEuropean 7 months ago
@EvilEuropean well the pound is very stable compared with the Euro....So that's a plus....
ClarksonsinUSA 7 months ago
@ClarksonsinUSA Really, REALLY? I dont know if you have noticed but since the banks fucked everything up, the pound has dropped against a load of currnencies.....the plus side is that it makes UK exports cheaper, but i would not call it stable.
EvilEuropean 7 months ago
@EvilEuropean Well it appears the majority of your countryman disagree with you...
ClarksonsinUSA 7 months ago
@ClarksonsinUSA Errr, it does not matter what my countrymen think, the reality in the market is that the pound has A) increased in volatility, and B) decreased in value against the €. Just because something is popular, does not make it correct, factual or otherwise (I mean, just look at religion!).
EvilEuropean 7 months ago
Leave it to the British BBC to speculate about the Euro`s collapse. Bunch of tin foil wearing freaks. And Guess what. Now over a year later the Euro is stronger then ever. Now at an incredible 1.50 vs the Dollar. Greece debt should be restructured it`s unavoidable. But lets remind us that Greece lied about it`s budgets. The EU is gaining new powers to greatly increase oversight. But a nation that makes up 3% of the EU population and 5% of the Eurozone can hardly collapse the Euro. Get real.
EuroSon99 9 months ago
George Magnus sounds exactly like Liam Neeson @ 4:42 :-o
ersvale1986 9 months ago
portugal was 7.3 debt but since this was when the markets where squeezing portugal they put two extra points... good one bbc just keep serving the queen and his jewish mob
badsign1980 11 months ago
if the euro falls they will create another coin the next day for the economical market called europe why? because every country needs eachorther and no one can stand alone, the uk did because they had the londomn new york connection and oil like the northern countries but that oil is running out, so, with the number of 450 ppl we need to stick together because of china brasil etc big markets
badsign1980 11 months ago
Lets hope and pray the abomination that is called the EU falls and takes its spawn of evil the euro with it-Blessed be that day
5hitter 11 months ago
Relaxe, Fear is your enemy, when you realize that we are immortal and our bodies are just a vessel that is used to transport our spirit then you have no need of fear. We have no need of money, everything we need can be provided, the only reason we are in competition for food, water and everything we need to survive is because we have a cabal of psychopathic controllers who control everything and put us in a position where we have to work our tails off just to make ends meet.
catmar1944 1 year ago
@catmar1944
I suggest wearing a tin foil hat.
Chobucto 11 months ago
I'm wondering how many billion $ the guy with the red glasses had gumbled against the euro that night....
aggelospanatha 1 year ago
The problem is not fiat currency but the entity that controls the quantity i.e. the central banks. We can keep the fiat currency but allowing only governments to issue the money at no interest. See the "Secret of Oz" here on youtube for the history and the answer to the worlds problems.
catmar1944 1 year ago
@catmar1944 I saw it and it was a real eye opener, i'm scared of what is to come these next years. I wonder if 5000 years from now people will look into our era and into our monetay system and say we were all primitive fools
Relaxe 1 year ago
@Relaxe
If humans are still here.
JevyJev1 10 months ago
All fiat currencies are doomed for failure.
ntn1987 1 year ago
The euro is managed and administered by the Frankfurt-based European Central Bank that may be part of the problem as they let too much of the socialism such as in Greece to bleed the system. Socialism in its purest sense doesnot work,trying to mix the two systems inpart created issues. Same issues in USA in state like California as gov employees are paid to many benifits,and wages tomuch higher than private sector,that cannot work and doesn't. private sector must always pay more than gov.sector
starview1 1 year ago
@starview1 I agree with you about private sector always should pay more than gov, about Germany rule the european money, well, they are the European Comunity engine, they have to assure that the money is well spended. It`s gov like mine who have to administrate it better, none for instance, the bank governor of Portugal earn more than the president of the american federal reserve, how is it possible? And he was an incompetent bastard, nonetheless, now he`s the 2nd in CEB, how can it be?
MrMotoax 1 year ago
@starview1 Number one problem in California is massive and abusive mexican immigration.
alainvig 1 year ago
The euro is managed and administered by the Frankfurt-based European Central Bank that may be part of the problem
starview1 1 year ago
Euro is the "canary in the coal mine" for the US, I've heard. When it goes, the US has only 2-3 weeks.
PaulGrantDesigns 1 year ago
@PaulGrantDesigns what folks seem to forget,at least for now is that the dollar is the world reserve money.Prior to WW2 it was the British pound, (for almost 150 years)but hitler and his nazi idiots started ww2 which bled the Uk,when the USA got into the ww2 thing the UK was deep in debt and getting worse because of hitler,the USA BTW came in late because it didn't have much of a military at the time,theres more not enough space here to get it all down, but thats the drift of the deal.
starview1 1 year ago
Whatever, I don't give a damn about those racist and lazy South European Country.
chwang1990 1 year ago
No, Euro will not collapse but Dollar.
glup2glup 1 year ago
@glup2glup Both are being collapsed on purpose to usher in a 1 world currency.
zOMGLaserGunzPewPew 1 year ago
2,000,000 immigrants in 10,000,000 population of Greece
cmorganis 1 year ago
...so the english speaking finance world lick their own wounds with the help of the national broadcaster like bbc and cnn. This vid is nearly one year old and the anti Euro propaganda still goes on. The motivation is to push up the gold price and other material assets under support of the IMF. Come on wikleaks, put the bank cables on the desk.
menges70 1 year ago
I hope it does collapse so the assholes that tried to create an EU superstate realise that playing with other peoples money will bring you big trouble, especially when you don't give them a choice as to whether they want it or not. I said to my wife years ago when it all began that this would happen. Fuck the Euro and fuck the EU. We want our own currencies back. It all worked fine before.
SMALLCODNCHIPS 1 year ago
The Euro should schism and let those idiots sink.
HWGuyEG 1 year ago
The Euro is doomed because you can make pigs leaner but you cannot turn them into thoroughbreds
(as Germany and Holland are economically speaking). The Pigs have a Euro that is 10-15 % overvalued for their economies and going forward the spread will just get worse (2-3% per year considering their low competitiveness, high debts, inflexible labour market and that they have to pay many percentage points higher to finance the debt)
mateintwo 1 year ago
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mateintwo 1 year ago
Number one problem among the PIGS nation, Portugal, Ireland,Greece and Spain is massive immigration from non-European countries, if you deport those immigrants, those countries will be much better economically, not paying social services to them.
Also Sinn Fein is leftist very being pro-immigration is aggravating the problems of Ireland.
alainvig 1 year ago
Ireland should of never joined the Euro. I think it was a statement to show the British "Yeah we can do what we want" Look how it's turned out now.
Lousypenguin 1 year ago
Get Greece, Spain, Portugal, Ireland out of the EU, and no Turkey either !
alainvig 1 year ago
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Lousypenguin 1 year ago
@Lousypenguin The EU was initiated with the Marshall plan for Europe after WW2, the Anglosaxon cousins of the British, Scottish and Irish people are in USA who made the decisions initially, Goldman Sachs is in New York that helped Greece hide their financial problems, after 60 years, it turned sour even for the British.
It was better and more prosperous for the British, Scottish and Irish to deal with the CommonWealth nations.
alainvig 1 year ago
@alainvig well the thing is The name euro was came about on 4 August 1995 by Germain Pirlot, a Belgian Esperantist and exteacher of French and history, and officially done in Madrid on 16 December 1995The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1.In part the idea was tokeep EU united and give it economic unity,which is now in jeapardy,socilaistic methodologies R cause of failing
starview1 1 year ago
@starview1 No it's wrong, Euro currency was done and planned during Jacques Delors, the French EU commissioner when the EU was with only 10 member states, I still remember it because we Germans have been longer in the EU, than the 17 new countries that joined later on after 2003, in 1995 we became 12 member states with Spain and Portugal added.
alainvig 1 year ago
@alainvig well that in part is accurate,however the dates I mentioned are the dates recognized officially by the banks,and of course the foundational constructs are upfor debate,you insite is much appreciated, the thing is,.In part the idea was to keep EU united and give it economic unity,which is now in jeapardy,socilaistic methodologies are in part a cause of current failings,as with any plan it requires honest folks to carryout the plan, crimminal activity foils best intentions
starview1 1 year ago
@starview1 Every countries in the EU have socialistic methodologies and if you want to compare the USA to the rest of the world, America has the worse in healthcare and social security. Europe is civilized continent, we take care of our people. Listen try to understand more than English, learn at least 3 European languages and you will understand Europe.
All EU countries that have socialism are well off like Sweden, Norway, Denmark, France, Germany. We have free education, I like it like that
alainvig2 1 year ago
@alainvig2 Really because America's human developlent index is higher than almost any European country.
njdevil281 1 year ago
@alainvig2 I don't know any Americans that had to pay for their education? The government does.
zOMGLaserGunzPewPew 1 year ago
@zOMGLaserGunzPewPew Americans have to pay for University education. Even small community college are paying colleges, but American university are more expensive than in Canada, it goes from $12,000 for public schools to $60,000 for private schools depending on your studies.
In Europe we only pay small fees like libraries, food, medical checkup, all middle class students can pay.
So America university education is only for the rich kids.
alainvig2 1 year ago
@alainvig2 Universities should be free. Not only because everyone must have the opportunity of higher education but because there is a matter of credibility as well. When a student pays, he is not a student, he is a Custormer. So, unavoidably there is a conflict of interest. I've never heard of anyone going to a private school failing. In greece universities are public and they don't care letting students fail. If you do not deserve to pass the exam there is no way you can pass
aggelospanatha 1 year ago
@starview1 The reason for the failings in Europe, are the over spenders and neo-liberal countries like Ireland and, Greece that speculated in risky financial transactions, Casino financial gambling, that goes off what the EU recommends. Ireland negotiated their financial freedom when they signed the Lisbon Treaty, and we all know how undisciplined "financial freedom" has brought Ireland to now, it has nothing to do with socialistic methodologies, it was because of unregulated capitalism.
alainvig 1 year ago
@alainvig It will never happen, pussy. Maybe clubMed but not my country. We work very hard.
UnknownOconnor 4 months ago
@UnknownOconnor You are irish, your people are lazy drink ale all the time, i don't see anything about "working hard" from the irish stupid people, all of the irish people are worthless.
alainvig 4 months ago
@alainvig If you're trying to insult, at least try harder than that! You have ClubMed bleeding you dry and it's a gift from god. You can watch while you burn but you cannot do anything!
UnknownOconnor 4 months ago
@UnknownOconnor shut up irish, your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
alainvig 4 months ago
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donnyab 4 months ago
@UnknownOconnor @UnknownOconnor Irish.
your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
alainvig 4 months ago
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@UnknownOconnor @UnknownOconnor Irish.
your country does not export anything, while we on the continent have a history of trade internationally, you are from a small insignificant culture, strictly narrow short sighted island and culture, you came from a culture that is not based on seeing see great things. That's why you are pathetic, i am from a culture that trade and export, good engineering, do great scientific works,recognized, responsible and respectable, there is an echelon in Europe.
alainvig 4 months ago
@alainvig
If you had been born with even a very small brain [German or otherwise] it would occur to you that a very small country like Ireland would find it very difficult to compete with a country like Germany, a country of what ... 80 million people ?
I am quite sure YOU personally have never contributed ANYTHING to German culture or engineering :-).
Seventy years ago Mr Hitler probably would have had you in one of his holiday camps as an assistant stoker.
donnyab 4 months ago
@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
alainvig 4 months ago
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@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
alainvig 4 months ago
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@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
alainvig 4 months ago
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@donnyab yea you are fascinated by Hitler, you want to leave the European Union, because you are nationalist. the reasons of Ireland are parties like Sinn Fein who are communist and over-socialist, it has nothing to do because they cant compete with Germany.
alainvig 4 months ago
The EU will not collapse.....because there is no alternative....
jmallton 1 year ago
the euro needs to go, it was not good for any country it seems, only good for the banksters and fraudsters who made money, the IMF and world bank are laughing all the way to the bank, their own that is! expose these criminal organizations and take back your sovereignty.
sayNOtoevilNOW 1 year ago
@sayNOtoevilNOW No it will work. If they just let the countries default. The Governments spent like drunken sailors promising everything under the sun to get elected. Look at what your socialism gave you.
hexzerg 1 year ago
The PIIGS are doomed to failure and bailout.
Rico8458 1 year ago
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What a load of BS.
DinaStrange 1 year ago
Yeah yeah, British propaganda, nothing new here.
Peltoperkule 1 year ago
Hugh lost money, the money manager betting against the Euro, check the charts, he should have done the opposite
edwardwills 1 year ago
Anarchy!!! (A)
anarksee 1 year ago
Always the same non sense about the euro.
They name 4 reasons why Greece cant get itself out of the crisis.
1. Devalue the currency.
2. Lower Interest Rates
3. Print Money
4. Buy up debt.
Some how they conclude this must then mean the crash of the euro. Well then, the dollar is obviously going to crash since California and Illionois can do non of those things either.
FreddieBambino 1 year ago
People(even some economist) think that devaluing a currency is some magic solution to boost the economy. Here is a solution, cut 50% of all salaries in Greece, therefore allowing companies to lower 50% of the price. But wait...then people would yell are you CRAZY cutting salaries by 50%, and claim it is much better to devalue the currency. And then I would say, ITS THE SAME FUCKING THING YOU NUMBNUTS, the only difference is, when currency devalues, people dont protest in the street.
FreddieBambino 1 year ago
The british hate europe, what's new.
curzond 1 year ago
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88888FORCE 1 year ago
Well we'll try again, maybe a nice war for freedom and democracy later. Then when EUR crashes we buy up what's left cheap. Brilliant no?
ppocka 1 year ago
haha you see know why Norway never joined EU ! just sayin :)
haarstad88 1 year ago
ms coballt blue i aggree with you i am from freece and then banks here can they have a flooded percantage if you get a credit for a car or even worse a house they always changing even the years the percantage you pay monthly for them like they want it and even worse is it in germany i lived there for 15 years you pay to much back for a credit but they are really carefully giving credits and one good thing is if you losing your job by getting unemployed the govermet there helps you out
Lionboy1980 1 year ago
The financial/banking system is entirely unsustainable. Debt which can only be paid off by more debt...? For "intelligent" beings we really haven't quite mastered the basics. Money worked for a while, now its the achilles heel of humanity and its leading us down a dark road. Humans are not responsible for climate change, energy crises, food crises, unemployment, bank bailouts, poverty, war etc.. money is. We need to let it go, for the sake of our own survival. The Venus Project is the solution.
mccoya2 1 year ago
Eurosceptics have been predicting the Euro's demise almost every year since its creation, at the height of this fabricated hysteria they were quite convinced that the Euro would not survive the summer then when that fantasy failed to materialize it became its value would keep on falling etc ... .
Im sure they will find another bogus reason for the Euro and the EU's collapse next year as theres always an impending doom for the EU inside their Eurosceptic teacups ... .
Arvorbxl 1 year ago 2
Stiglitz the pig was stating that Austria would crash. That stupid asshole just spreads anti European propganda.
AustrianAtheist 1 year ago
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You spending a week in Disneyland doesn't mean you know jack shit about America
NJRocks281 1 year ago
this system CLEARLY isn't working in the best interests of any but a tiny few so it's now time to scrap it; enough's enough. Why should these offshore bankers be allowed to terrorise the ppl & steal from them generation by generation with impunity? We must abolish fractional reserve banking & usury & issue our own currency backed by gold instead of allowing these prostitute politicians to borrow money at interest from an intergenerational gang of genocidal, drug-running crooks who pimp them
AlanWattParrot 1 year ago
Time to ask China for a loan. LOL
bonnolog 1 year ago
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TedDGPoulos 1 year ago
OH, in Britain the public deficit 12.5 % of GDP. It's pretty much the same in the US! Why aren't these countries suffering? Why isn't the pound or dollar being attacked?
bhigr 1 year ago
@bhigr because the people who trade in the markets are either by birth or orientation Anglo Saxon. So they trust what the governments in the UK and USA say. The whole 'crisis' with the Euro is completely illusory in my view.
conjoly 1 year ago
@bhigr they aren't being "attacked" because the financiers have much more faith in the UK and US ability to pay back any loan than they do for greece and spain. Same as if you ask your local bank for a loan: if they think you're a high risk then they will charge you much more interest. It's not just about numbers, it's much more to do with international confidence.
Gary190tube 1 year ago
@Gary190tube How can they have more faith in the USA or Britain if the public debt in relation to the GDP is as bad as in Greece and worse than in Spain and Italy? Both British and American bonds should be rated subprime,.
But I guess you are right. This is not about facts or numbers. These are three anglo-american rating agencies and a couple of zombie banks working at the demise of the Euro. Let's see who wins in the end.
bhigr 1 year ago
@bhigr you go with this anglo-american (or anglo-saxon, whatever that means) conspiracy thing? If spain etc gets into trouble, we're all in trouble, including uk and usa. NOBODY wants it to happen. Right now spain etc are in the news because of the euro crisis, which is big news at the moment. UK isn't in the euro so it doesn't make the news so much. But rest assured we have big problems of our own. There's no "winners" if the euro fails. The UK wants to join the euro when the time is right.
Gary190tube 1 year ago
@Gary190tube Well yes, because there is no other rational explanation for targeting Spain and not targeting the UK. I hope that both the UK and USA recover from this crisis. But the balance of powers of the financial markets in the world is going to shift away from New York and London. This is what they fear, but it is inevitable.
bhigr 1 year ago
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euro---failed experiment, European union---failed experiment, soccer---sport of losers, Europeans---lazy fools who think a society can function if people only work 35 hours a week, NATO---failed experiment, political correctness---failed ideology, IMF---failed experiment, World Bank---failed experiment, the United Nations---failed experiment, trying to hold talks with Middle Eastern/African/Central Asian Islamofanatics---failed policy, Europe---failed continent
CornFedArmen 1 year ago
I hear George Soros in the background, rubbing his hands together, going "Muuuahhahahahah!" Soros is the devil.
dpman72 1 year ago
thank god Britain not in the euro zone.
i would per fur joining with America or china than Europe.
when Britain gets the vote i'm voting a BIG MASSIVE NOOOOOO!!!!!!!
jellyboy123 1 year ago
It is humorous really.....two years ago everyone was saying the dollar would collapse and to put all your money in the euro.....now the euro is on the verge of collapsing and the dollar is strengthening
Jacobrester 1 year ago
@Jacobrester That's not the only issue. Now it's the US's fault. I mean, the US was mocked about the collapsing dollar. Now the Euro collapse is our fault too. Is there anything that's not the US's fault??
dannydarias1 1 year ago
@dannydarias1 Everyone with a brain knows the current EU debacle is a direct result of their own greed and mismanagement.......I personally believe the EU will survive with a restructured political and financial model.....however....the current news I am getting is bad.......look for Hungary to bankrupt
Jacobrester 1 year ago
@Jacobrester I agree with you. They will have to make tough choices, that's all. Either slash spending and put up with riots, or collapse the Euro. It's simple.
dannydarias1 1 year ago
Comment removed
MikeM3113 1 year ago
Euro collapse, governments need money, borrowing money from world bank isn't enough. Borrowing from the richest bloodlines ever. Illuminati control.
Tubewaytorpedo 1 year ago
get rid of the uro
TheWortytoad 1 year ago
I feel terrible for the German people because they hitched their wagon to a fading continent. The German government should have known that the future is about Asia.
The United States has made brilliant move by nurturing its relationship with China. Britain is did the right thing by hitching its wagon to America.
eatandtravel 1 year ago
@eatandtravel You feel bad for the Germans?? Do you know how much they benefited from the Euro? As well as France? They made huge sums by selling to the weaker Euro countries (Greece, Spain, Portugal, etc) because of their edge on the Euro. It's time for pay back.
dannydarias1 1 year ago
@dannydarias1
Germany did the right things. It was productive while the lazy PIIGs ate and sun bathed their future away.
Punish the Germany for working hard? Silly. The PIIGs should look in the mirror.
eatandtravel 1 year ago
@eatandtravel I agree that Germany was productive and perhaps more responsible than the PIIGS. But it also benefited by setting Euro rates to their OWN advantage to boost exports. The Euro is flawed from the gecko. You cannot have an interest rate that can accommodate for all the Euro nations. Hence rates are set to the advantage of the larger and more powerful nations (Germany, France). They benefited in the past, let them feel the pain now.
dannydarias1 1 year ago
@eatandtravel Wow with incisive analysis like that you will go places my friend.
conjoly 1 year ago
@dorkhunter1 Good for you in keeping your currencies its a shame the Europeans didn't.
Professor6871 1 year ago
It just doesn't make sense forGermany to pick the bills and pay the debts of irresponsible governments such as Greece, Portugal, Ireland, Spain and Italy.
The collapse of the Euro zone and the Euro are inevitable.
Ishayau 1 year ago
@Christophilus1988 In Africa having dollars as loo paper would be considered a luxuary. If their tribal governments wouldn't waste money on themselves but instead give it to their peoples then they'd be better offf by far. Uncle Sam's the best because there soon will be a trade war and those yellow commis the Chinese, will feel the force of it. Its Americ'a secret weapon against the Asians.
Professor6871 1 year ago
@Christophilus1988 I wish we could do that over here in Britain generate jobs but we have to ask Europe too wipe our own bottoms before we do that anything like that. There so much paper work, taxes and rules there's no hope of getting in down from the 2 half million unemployed that with got now. The benefit system also creates unemployment thus stifling the much needed job creation.God bless the USA without it we'd be fucked.
Professor6871 1 year ago
@Professor6871 You have to be joking the US the biggest DEBTOR nation in the world!
MrPeterdeeter100 1 year ago
@Christophilus1988 Economic stability and a growing proserity something you don't see in Greece or Portugal.
Professor6871 1 year ago
Good let the fucking Euro go it was a bloody stupid currencey in the first place. A federalist tool by the New USSR Brussels beaurcrats to have their super state. Good on Cameron for telling the German elf chancellor and the drawhf French president that we can't afford to bail out Greece or any other dago country that can't pay its way in the Euro. Thank God we didn't let Blair get us into this crazy currency or we'd be up the same shit creek as Greece is now.
Professor6871 1 year ago
I was wondering. Where do I take my next vacation? Go to Europe I was told. You've never been to Europe. What do I want to go to Europe for though? I live in the USA. Who gives a sh_t about Europe? I don't even want to go to Canada. The television sucks in Canada. I'm going to Disney World in Orlando. Maybe I'll go to Colorado and climb a mountain. Life is good my friends. Sooooo good.
kentucy9999 1 year ago