Inside Story - Financial market meltdown

Can Europe control its runaway debt, and is the US economy likely to contract even further?

Category:

News & Politics

Tags:

• al Jazeera
• insidestory
• debt
• financial markets
• youtube
• aljazeera
• Eurozone
• inside story

[hanz12891]

Still think terrorism is the No.1 problem of the world??

[crocfme]

I can't believe all the Eurozone leaders are on vacation!:

"My nation is broke, and I'm off to the beach." Great. Thanks assholes.

[frankfurness]

Can the economy ever recover

[thenumber13dotnet]

Let's bail out the banks at say mmmm 7% interest calculated daily and applied weekly lulz.

[butcher113]

@cabronosidad: You're absolutely right. Why don't we reset the system and forgot about the debts. Thats exactly the point. 95% of the worlds Population owes Money to Somerset hundreds of unbelievable Rich People.

[ArgosSmith2009]

@ViraIVideos We are getting off track here. Gold doesn't DO anything, it is as valuable as it was 1000 years ago. The point is that the US economy is crashing, it seems to be trying to imploded on its self and deflate as prices of everything from stocks, houses, and commodities have been artificially high for 2 decades or so. Ben Bernanke has vowed to fight deflation to his death, as inflation helps US stave off debts. QE3 will likely come, that's when to buy gold & silver.

[pavilionvhp]

how about if all stock markets just closed? sounds stupid, maybe, but i think we would be better off without their high roller monopoly games.

[majornewb]

I'm scared for my future

[ViraIVideos]

@ArgosSmith2009 Humans don't live for a thousand years. Stocks have trended up over a thousand years as well...

You have to look at a time frame where a human CAN take the profits before he dies. We don't live for a thousand years.

AS far as gold goes, it is a CYCLICAL commodity that goes UP and DOWN every 15 to 20 years.

In the 80's it was more than 800 an ouce. If you had bought it then you would not have made a profit UNTIL now, nearly 30 years later. In the 90's Gold stayed around 800.

[lennchma]

FUCK OFF ROTHSCHILDS!

[lennchma]

@hanz12891 This elite is fucked up.

[HDaviator]

I find it hilarious that we as human beings put the value on our own currency, and yet we come up with this convoluted economic system that only the most intellectual can fully understand. Its like we are all fucking ourselves in the ass with our own hands.