US Doesn't Understand EU Crisis

[Rasgonras]

Perhaps y'all should know that the true power does not lay on some eu-president but on the chiefs of the individual states, especially France, Germany and GB

[paulcoonan]

I think this has left me more confused as to the role and position of the IMF that what I thought I knew. Is the US the ultimate controller of the IMF?

[unamaxify]

lets not forget that it was the American housing bubble that burst (Lehman Brothers) that caused this hole depression. If Italy goes down & chokes the world economy it will still be the fault of the USA: It was their rampant & reckless deregulation that was the initial trigger of the current economic shit-storm we all currently sit in. & don't you ever forget that!

America : its time to slash the military budget, get rid of the political corruption take some responsibility.

[sensur1]

I'm so glad that Norway is not a part of the EU.

[fabricola]

@sensur1 And I´m so glad that here in Spain we have a nice temperature, beautiful beaches, and hot women. Keep your cold country for yourself.

[sensur1]

@fabricola

Dont worry, when i retire i will move to Spain and live in a lavish villa thanks to norwegian welfare and pension funds :) Its good to enjoy those benefits when we have a 525 billion $ in surplus while Spain at the moment needs atleast 65 billion EUR just to recapitalise your banks. Lets just hope that as a spaniard, you can still retire at age 65 and have a decent pension fund to live on. This EU crisis may come after your well deserved rights you know.

[tratorta]

I don't think it's a fatass american privilege not to know shit about the world, but this is quite simple.

A bunch of zionist retarded bankers wanna destroy the economy and create one single world currency and dominate once and for all.

[dobbsiancant]

the money to solve this is in the pockets of the rich.it's our money.we have to extricate it.

[TealAlloy]

Please explain this "domino effect". Also, the specialty of the IMF is neocolonialism.

[saintkatanalegacy]

@TealAlloy domino effect = systemic collapse. do note that the technical term for too big to fail is systemically important financial institution(SIFI). large banks(ISDA EMEA DC members) regularly exchange "s***"(bad loans) which is why if even one piece fails, the entire house of cards implodes. The US enjoys the "benefit" of printing fiat currency while EU doesn't. hence, a systemic collapse starts from the weakest links(PIIGS).

[mmilos11]

federal reserve of US and Central bank of EU are held by the same Illuminati scum who manipulate population into modern slavery. If you have private company holding all the US and EU wealth without control of the state ,guess what will happen..collapse!!!Get ready for WWIII ,depopulation,enslavement enforced by a strong police forces ,one currency and one ,even bigger and meaner central bank

[rubbersole79]

So, let me get this right. We're gonna secretly dump 7.7 trillion (with a "T") dollars into something no one understands?

Brilliant!

[bamboo4tameshigiri]

A central treasury = automatic loss of all sovereignty.

[avideogameplayer]

Who will pay for anything if the world is broke and money is worthless?

[bamboo4tameshigiri]

@avideogameplayer All money always has been worthless. It is entirely faith based. All of it, the entire concept of "currency" is a faith based operation and people no longer have faith because a few families have horded the vast majority of it all. You can't eat gold, it doesn't make good bullets, you can't plant it grow more. Paper bullshit fiat currency is even worse, but at least you can burn it to stay warm.

[dffykvn]

@bamboo4tameshigiri You can use gold to create a dothraki style crown for rich pricks :P

[kelzarren123]

@bamboo4tameshigiri Gold is used in making computers

[bamboo4tameshigiri]

@kelzarren123 And its used in most space crafts because thin films of it reflect most radiation, those are the only REAL uses it has.

[kelzarren123]

@bamboo4tameshigiri Didn't know that. That is pretty cool.

[halfzombiehalfrobot]

Let em fail! This isn't working.

[Magenta408]

Europe is constipated and so are their numerous presidents. Who in hell does what and who is accountable??? How can this work? The big banks gain!!

[Magenta408]

Many countries such as China, Korea and Canada give substantial amounts to the IMF. This proposed IMF bailout would be at the expense of these countries and this anything but welcome news. Why should we pay for EU mismanagement. The IMF and the big banks just have to go!

[ralphinator2]

@Magenta408 The IMF does not give "bailouts". It gives loans that must be paid back in some form.

[thedutchman01]

@Magenta408

"Why should we pay for EU mismanagement"

I can say the same. My country is doing fine. But that's besides the point.

If we don't help them out. The entire European economy collapses, which means the worlds economy collapses. Simple as that.

Only idiots think that they live in isolated countries. Those no longer really exist.

Even North-Korea is trading heavily with China. And depends on China due to that. What affects one big economy affects the world.

[Shonenut213]

Most Americans don't care about what happens in other countries.

[PompousPreacher]

The US doesn't understand the EU crisis? It's worse, most Americans don't even know there's a EU. This is a country where 73% of the population believes the theory of evolution is liberal propaganda and 93% believe in angels.

[thiscreepingmalaise]

@PompousPreacher and the problem is?

[MattSyTy]

Can we just have the collapse already? I'm getting really impatient with the EU's constant patchwork attempts at prolonging the inevitable.

Whatever the next scheme is, I hope the initial consequences reverberate across the world to finally snap people out of this delusional perception of wealth.

It's a closed system with finite resources friends. Deal with it.

[Kirbynessness]

Broke countries borrowing from other broke countries and making each other more broke in the process.. I can't wait for all this nonsense to just come crumbling down.

[popesnose]

Why all the neo-liberal guests ? Bertlesmann Foundation - they are trying to get students in Europe (Germany) to pay more tuition, sound familiar? "The Bertelsmann Foundation is active in political, social, economic, educational, cultural and health-related issues. It does not provide grants, scholarships or project funding to others, but focuses on researching, publishing and stimulating public debate on its topics."

[nriab23]

Italy can bugger off, I don't want to bail out any country



[respectable66]

forbes . com/sites/robertlenzner/2011/1­1/28/we-didnt-know-about-the-f­eds-7-7-trillion/

[Y0UT00B3R1]

...but Russia does?

[capucchan8]

yes it does, Obama and his minions at the treasury department are pressuring countries like Greece to stay in the Euro so that BOA and other Wall Street banks wont have to pay for the bets they made in regard to European countries defaulting

[SkullOfYorick]

EU + USA = NWO