Euro-Contagion: Germany outlook 'negative' over nonstop debt debacle of others

Rating agency Moody's has set itself on a collision course with German Chancellor Angela Merkel - after changing the country's credit outlook to negative. The agency even hinted at possible downgrades - if the Eurozone gets worse. But Merkel immediately fired back that Germany would remain Europe's financial haven, despite the Eurocrisis.

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[aviomaster]

IT is all connected to Croatian independence Croatia gave it all up to gain independence from Yugoslavia but entered new form of slavery where Croatia will have no SAY what is going on in their own country. IMF and World Bank deal with Croatia 1992 Croatian Central bank is not going to finance development of REAL economy production. Imagine FREEDOM on 69 Billion euro debt. Croatia is under Dictatorship of Financial Capital.

[aviomaster]

Market fundamentalism and monetarism prefered consumerism unproductive spending financed by Debt. U. professor of economics Zagreb writes mostly in Serbo Croatian language can you understand ?

Croatia production % in GDP 5 % 95 % service economy just slight thought of we can not borrow more cut down Croatian economic activity by 20% Greece is just tip of the iceberg IMF and World Bank made a deal with Croatian leadership Central Bank of Croatia is not going to finance PRODUCTION.

[Patrick Heller]

U always speek from a professor of economics. What is his name? Cause ur argumentation is not clear. So give me the name

[aviomaster]

"SERBIA destroyed Yugoslavia" Wonder who we are going to blame if EU falls apart all loans to Greece are in place to keep Euro alive. WE will blame GERMANY. Of course Germany destroyed EU that is what Greeks say. Serbia destroyed Yugoslavia Wonder WHO created this NONSENSE. German TV propaganda channels. Professor in Zagreb says They need our land we do not consume much we do not produce anything to them we are meaningless except for our land.

[aviomaster]

Romania Bulgaria were accepted into EURO zone not meeting any criteria I wonder WHY ??? U. professor of economics Belgrade says we need to go into EU when our average pay is around 1200 Euros not before that. When you borrow and spend Billions of Euros on consumption highways and sport stadiums There is no possible way to miss an economic crisis. Croatia Spain Romania Bulgaria Greece they are in the same boat borrow and spent billions of Euros on Nonsense.

[Patrick Heller]

... the sick man of Europe. Now, 20 years later u see we do better and now u also want to dictate us what to do? U are even not a part of the EU. And the north will stop the joining of southern countries, cause each one of them is not able to stay ahead with us in the north. So we would have to pay even more for more southern countries. This couldn´t be and isn´t fair to us. We have no debt to u, cause we are better. Try to follow us and find ur way but sending us ur bill is no solution for this

[Patrick Heller]

The european banksystem does know what is going on. But France lent Greece much more money than Germany. And nobody of u shouts against the bad French. We all are part of this system. So we all have to work together to stop this system: casino royal. When in 1990 the wall felt, nobody helped Germany to rebuilt the middle of Germany. Nobody said we get time to change form of industries in the "east". We had to close all factories, cause they worked against EU-laws. And we did. There we were the

[Patrick Heller]

Why should we send our jobs to Greece? We also have to pay our rent here. Each country has its own future in its own hands. And Greece got 30 years money from the EU and this money is paid 1/3 from Germany. So no. Clear, they need jobs. So they need to begin to think about new inovations. New technologies. So u see, they have to think about real solutions and in this case they have to stop to shout for money from Germany. If Greece would show real solutions for its problems, than we would help.

[aviomaster]

Growing inequality between poor and rich will be reason for revolutions and instability as it was in 1900's. It is not just Marxist thing it is socially uneceptable economy can not function if you have Rich and poor population.

[aviomaster]

GERMANY is great power had 1478 Billion $ exported goods in 2011 but as U. professor of economics Belgrade said he held lecture in Munich University he speaks German about current economic crisis You must built a factory in Greece so they can work and pay off loans.German loan to build bar in Greece German credit card to buy German beer now Greeks siting in bar drinking beer than Germany comes say pay us back GREECE does not have any ability to pay off the loans except selling what they have.