- Joined
- Mar 7, 2011
- Messages
- 3,851
- Reaction score
- 1,170
- Location
- EUSSR
- Gender
- Male
- Political Leaning
- Libertarian
ECB lends banks €489 billion
Aim in! :3oops:
Aim in! :3oops:
I hope Germany pulls out and leaves Italy and Spain rot in hell. The southern countries have always been weak, and Germany had to pay out the ass to start the EU. It was a bad deal all along.
ECB lends banks €489 billion
Aim in! :3oops:
You can't cheap the rules of economics forever.My fear is if Germany pulls out, will it finalize the EU collapse, taking down more of the global financial market.
"Quantitive easing through the back door." That would be a loan. The only problem is that this loan moves around Europe paying other loans coming due and not creating jobs. Same as in the USA. What did JFK have to say about Central Banks?
“All problems, depressions, wars, disasters, assassinations, all of them were planned, caused, instigated, and implemented by the International Bankers and their attempt to establish a central bank in every country in the world, which they have now done, thanks to corrupt politicians who have been bought and paid for. This is all you need to know about the history of the world.”
~John F. Kennedy
Just ignore his post. He always had an anti-corporatist agenda.
For the serious matters, this isn't something really surprising. The eurozone desperately needs another influx of cash. A collapse will devastate the world, upheaving bonds and stocks, tittering more governments and companies. No matter what the idiots say, we cannot afford a eurozone collapse.
It would make the Great Recession look like Christmas. The consequences will be unimaginable
I am sure Germany is thinking long and hard about leaving the Euro. I wonder if England is going to get involved to help boost the Euro.
I don't agree with this. If Germany leaves the Euro they are going to face a world of hurt.