Farewell Euro Tour - Amsterdam
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Uploaded on Oct 19, 2011
Eric Fry, Editor of The Daily Reckoning, brings us a rare perspective about the European debt crisis by interviewing local Europeans to find out their opinions about bailing out Greece. Will anyone willingly donate money to our PIIGS-Y BANK bailout fund to help save Greece? Let's take a look and see what they had to say!
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All Comments (12)
NeptunePolyphemus 1 year ago
I was 100% sure the Dutch wouldn't give a single penny for the Greeks.
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021veki 1 year ago
Hi! Have you ever tried the British Box Breakout (do a google search)? Ive heard some extraordinary things about it and my mate made insane amounts of moolah.
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simon4043 1 year ago
There's no safety net large enough to catch the European dominoes as they fall.
But what will happen to the Euro? We all know it's toast, but ...
Will it drop to zero?
Be "cancelled" when it gets down to a predetermined number of swiss franks?
How do you short it, if later on you can't buy any to cover your short, because they've all been withdrawn from circulation?
You can bet the politicians will come up with some scheme to stop short sellers making a fortune out of the euro's demise.
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Earle Goodwin 1 year ago
What a joke, all the politicians have taken a page out of American Politics and now look where they are. Default, wipe the slate clean, start over again with their own currency ! Europe will never be the United States of Europe...NEVER..there are too many factors. One of which is Language which holds a country together. All the under the covers playing with free money to these countries has lead to their down fall.. As Andrew Carnegie once said: "Giving money to the poor keeps the poor poorer.
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almostnormal22 1 year ago
Money only for the Greeks? Not for the Portuguese or the Irish? What an asshole!
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TaliskerLaphroaig 1 year ago
Eric, put a windscreen on that mic! In addition, you can turn your body to the wind and block it further, and stand behind a large object to block wind even further.
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jackdenz 1 year ago
Eric, sort out the sound in Switzerlad then we might be alble to hear what people say!
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HowdyMr 1 year ago
Well done Eric,
There are so many factors at play here that pointing the finger at anyone other than those who keep this farce rolling is senseless. It's not the Greeks' faults. They believed what they were told, as did the rest of the PIIGS, and all of those who bought into the whole scheme. But, like every state run monetary system, corruption wins the day and the man on the street pays the toll. It's no different in the US. The people are milked for the excesses of the elite. Get used to it.
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cassrox123 1 year ago
Moral is, to help out the Greek people, Europeans should be heading to Greece for some R&R to put money into the hands of the Greek people and not handing out loans that will be recycled to French and German banks while the debt is placed on the Greek people.
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cassrox123 1 year ago
Case in point - when Greece competed to host the Olympic games, they asked the EU for a loan to build the metro system. This was approved based on the contract going to a French company - the common market at work. The loan, of course, was backed by the Greek government through its tax revenue. So the loan went directly to France while the debt remained in Greece. Greek politicians made out OK, but the Greek people were left on the hook.
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