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1 posted on 05/07/2012 5:53:05 PM PDT by Steelfish
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To: Steelfish

“Europe’s 30-month effort to save the euro by slashing spending and debt levels...”

What slashing are they talking about?

http://www.freerepublic.com/focus/f-news/2880997/posts


2 posted on 05/07/2012 6:03:41 PM PDT by aquila48
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To: Steelfish

I’m going to buy Mel Brooks’ “Silent Movie” on DVD just so I can get a screen clip of the “Trash Can Size Popcorn” for this Euro-cagematch.


3 posted on 05/07/2012 6:06:42 PM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: Steelfish
Greece can tell Merkel no more arms deals for them they spend 25% of their GDP on weapons from Germany France and the USA.
4 posted on 05/07/2012 6:34:15 PM PDT by guitarplayer1953 (Grammar & spelling maybe wrong, get over it, the world will not come to an end!)
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To: Steelfish
i have a legit question:

all these countries like Greece have borrowed a ton denominated in the Euro. what happens if they go off the euro? do they just totally default on all the euro denominated bonds or do they pay them? what haps if the euro ceases to exist, which seems likely?

do all the euro bonds go away or does someone try and figure out some conversion rate from say the drachma to the euro?

6 posted on 05/07/2012 6:35:03 PM PDT by beebuster2000
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To: Steelfish

The Euro will collapse. This is really WWIII, and this time Germany will win. Scary stuff.


7 posted on 05/07/2012 8:23:56 PM PDT by Randy Erickson
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