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America has good reason to worry about Greece
Financial times ^ | May 9 2010 | Clive Crook

Posted on 05/09/2010 5:11:27 PM PDT by Bigtigermike

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To: Bigtigermike
What started as a US financial crisis plunged Europe into recession

No, Europe had way too much debt long before the recession started.

21 posted on 05/09/2010 5:42:26 PM PDT by GeronL (http://libertyfic.proboards.com << Get your science fiction and fiction test marketed)
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To: mn-bush-man
who knows if this current facade of a ‘rescue’

Dude,,, rescue?? I really hope you are not betting on being "rescued" by the communist in the White House. His goal is to destroy america and rebuild a socialist utopia. Destroy, yes,,,, rebuild.... no. good luck

22 posted on 05/09/2010 5:44:01 PM PDT by 2aberro
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To: EagleUSA

IMF assistance?

The EU and IMF basically gave a country with a debt crisis another $145 billion at high interest rates. That is the last thing Greece needs.


23 posted on 05/09/2010 5:44:37 PM PDT by GeronL (http://libertyfic.proboards.com << Get your science fiction and fiction test marketed)
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To: MattinNJ
It is truly heartwrenching knowing my 8 year old boy will not see the USA I knew and love.

Sorry guy.... you are stating the very reason I did not have kids.... good luck.

24 posted on 05/09/2010 5:47:37 PM PDT by 2aberro
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To: rogertarp

We must of come up with more OPM. I guess I have to go to work to pay for some Big Fat 45 Year old Greek Government Retiree to sit on the beach and sip OUZO!...NOT!


25 posted on 05/09/2010 5:48:07 PM PDT by screaminsunshine (S)
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To: rogertarp

Gap and Crap.


26 posted on 05/09/2010 5:49:07 PM PDT by steve86 (Acerbic by nature, not nurture)
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To: GeronL

The EU and IMF basically gave a country with a debt crisis another $145 billion at high interest rates. That is the last thing Greece needs.

:::::::

Oh yes, kinda like the ChiComs loaning more money to the USA.....has its parallels!


27 posted on 05/09/2010 5:50:29 PM PDT by EagleUSA
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To: MattinNJ

it’s Sunday. Were they out of business or just closed?


28 posted on 05/09/2010 5:51:09 PM PDT by GOP Poet (Obama is an OLYMPIC failure.)
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To: MattinNJ

We’re in a Recession. More and more biz will be closed on Sunday’s. Don’t have to pay the help...it was ALSO Mother’s Day. I remember the 1950’s-60’s...when LOTS of things were closed .... oh, and banks closed at 3pm EVERY DAY...except Fridays.


29 posted on 05/09/2010 5:56:17 PM PDT by goodnesswins (Destroy AMERICA.....Vote DEMOCRAT)
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To: 2aberro

This is all just another desperate attempt to delay the inevitable. Kick the can down the road for another few months, even a year. We’ve been doing this for decades. But instead of solving the problem, we’ve been upping the ante with new entitlements to ensure the people stay pacified. When this baby blows, its going to make fixing the oil leak in the Gulf look like child’s play.


30 posted on 05/09/2010 6:30:51 PM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: Bigtigermike

“fears of a wider sovereign-debt crisis and heightened concern about US government borrowing.”

But our dear leader has assured us that this insane government spending is leading us down the road to recovery!/sarc

We need to start questioning the debt backed money system.
http://www.swarmusa.com/vb4/content.php/194-Freedom-s-Vision-In-a-Nutshell


31 posted on 05/09/2010 7:58:34 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: 2aberro
I now know what the parents in Constantinople felt when the muslims finally encircled them.

You are lucky to have spared yourself that pain.

32 posted on 05/09/2010 9:19:09 PM PDT by MattinNJ (Iron Man 2-a great conservative movie.)
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To: GOP Poet; goodnesswins

They were out of business. A local Borders and Blockbuster had recently closed as well.


33 posted on 05/09/2010 9:20:36 PM PDT by MattinNJ (Iron Man 2-a great conservative movie.)
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