Posted on 11/24/2010 9:25:38 PM PST by Nachum
Independent [UK], by Sean O'Grady Posted By: Photoonist- Thu, 25 Nov 2010 03:58:53 GMT The euro plunged further into crisis yesterday as investors sold off Spanish, Portuguese and Belgian government bonds in record numbers on renewed fears that those nations would follow Greece and Ireland into the financial emergency ward, undermining confidence in the single currency. The spreading contagion suggests that the markets now view the break'up of the euro as a realistic possibility, (Snip) There were also what analysts called "clear signs of stress" across the European financial system, as banks were forced to turn to the European Central Bank for emergency funding.
(Excerpt) Read more at newmediablog.com ...
Mutually Assured Economic Destruction
There is so little time.
Here is what they must do.
Go deeper into debt, much deeper, and take the borrowed Euros and buy...
... GM stock.
Simple, n'est ce pas?
.
The euro is not natural, not properly representative, and has to go.
So much for trying to be the biggest economy on the globe. Counties are not states. I wonder if the N. Americans here are paying attention...probably not.
People here are just as bad. Drooling idiots controlled by Hollywood and TV. they switch on daily brainwashing and some think Prince Al Walheed’s Fox is any better than his Disney/ABC or his TW/CNN. Why are the Saudis major shareholders, joint venture partners and partners in all 6 American TV networks?
As long as the idiots get ball games, reality shows, cop drama, dance contests and other nonsense in between the endless “dumb white man” commercials then The Matrix works for them.
(Euro-freeper is not an insult in this case. Only a location term. :-)
Greek bonds approaching all time high of 12%
http://www.bloomberg.com/apps/quote?ticker=GGGB10YR:IND
go Greece !
Ireland bonds approaching 9%
http://www.bloomberg.com/apps/quote?ticker=GIGB10YR:IND
“Go deeper into debt, much deeper, and take the borrowed Euros and buy...
... GM stock.
Simple, n’est ce pas?”
There’s a certain je ne sais quoi about your post. ;o)
Don’t laugh. We also have a common currency zone that includes California.
“People here are just as bad. Drooling idiots controlled by Hollywood and TV. they switch on daily brainwashing and some think Prince Al Walheeds Fox is any better than his Disney/ABC or his TW/CNN. Why are the Saudis major shareholders, joint venture partners and partners in all 6 American TV networks?”
I don’t know but I took one quick peek at DWTS the other night and one thing is for sure: they aren’t wearing burqas.
“.....the endless dumb white man commercials.....”
What’s amazing is that 90% of those ads are produced by highly paid, highly intelligent white men.
I spend a lot of my day with CNBC.
Lots of Fortune 500 company ads.
At least 20% of the actors are now Black, many of them portrayed as senior executives.
The race based casting is so transparent and so fraudulent, it actually embarrasses me to watch it.
The euro is not natural, not properly representative, and has to go.
So much for trying to be the biggest economy on the globe. Counties are not states. I wonder if the N. Americans here are paying attention...probably not.
Probably not is correct. We have the same Free Trade Globalists pushing for a North American Union and the “Amero” currency....even though the EU and the Euro are near total collapse.
The lesson here with EU/Euro is that Free Trade Globalism does not work
California is not the only state that is bankrupt.
Politicians think that they only have to tax so they can spend. The spending is nothing more than vote buying, and pocket lining.
Actually, all the wonderful ideas that our liberal friends come up with for people to get along would work perfectly if it weren’t for humans.
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