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One false move in Europe could set off global chain reaction
Washington Post ^
| Monday, May 24, 2010
| By Howard Schneider and Neil Irwin Washington Post Staff Writer
Posted on 05/23/2010 10:07:26 PM PDT by Ernest_at_the_Beach
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To: Ernest_at_the_Beach
New York Times ran a great graphic that showed all the billions in cross-borrowing between many European nations. Looked just like a pyramid scheme. It will be a miracle if it does not come crashing down.
To: Ernest_at_the_Beach
BLOAT and buy as much canned food as you can afford and store water.
3
posted on
05/23/2010 10:13:14 PM PDT
by
2ndDivisionVet
(Don't care if he was born in a manger on July 4th! A "Natural Born" citizen requires two US parents!)
To: Ernest_at_the_Beach
If the trouble starts — and it remains an “if” —
“If”, my rear. “When” is more likely.
We’re in for it.
4
posted on
05/23/2010 10:15:45 PM PDT
by
unkus
To: Ernest_at_the_Beach
The Europeans need to do is to make severe cutbacks in their social “saftey net” programs. Sweden spends 31 percent of their GDP toward social spending.
5
posted on
05/23/2010 10:16:37 PM PDT
by
ErnstStavroBlofeld
("You hit somebody with your fist and not with your fingers spread:-General Heinz Guderian)
To: Ernest_at_the_Beach
EuroSocialism is beginning to completely collapse.
Greece is unsustainable as a nation state thanks to the leftists.
The very same psychotic EuroSocialism the democrats are creating in the USA as we speak.
6
posted on
05/23/2010 10:18:18 PM PDT
by
FormerACLUmember
("Subtlety is not going to win this fight": NJ Governor Chris Christie)
To: Ernest_at_the_Beach
But the knife-edge psychology currently governing global markets has put the future of the U.S. economic recovery in the hands of politicians in an assortment of European capitals. Obama has his excuse for a double-dip recession (aka depression) right here. The economic recovery was going great, but then those dang Europeans ruined things.
7
posted on
05/23/2010 10:19:08 PM PDT
by
Plutarch
To: Ernest_at_the_Beach
8
posted on
05/23/2010 10:20:19 PM PDT
by
blam
To: gunsequalfreedom
"Looked just like a pyramid scheme."
Correct. It's called socialism.
9
posted on
05/23/2010 10:22:34 PM PDT
by
Proud_USA_Republican
("The problem with socialism is that you eventually run out of other people's money.")
To: Proud_USA_Republican
Correct. It’s called socialism.
Exactly!
10
posted on
05/23/2010 10:24:17 PM PDT
by
unkus
To: Plutarch
Obama has his excuse for a double-dip recession (aka depression) right here. The economic recovery was going great, but then those dang Europeans ruined things.
And the idiots here will go along with any thing he wants.
I’m afraid the elections this Nov. might only act as a little speed bump.
11
posted on
05/23/2010 10:26:04 PM PDT
by
unkus
To: unkus
Yep. Unfortunately, I agree.
12
posted on
05/23/2010 10:29:17 PM PDT
by
boycott
(CAL)
To: Ernest_at_the_Beach
‘One wrong move’... You see, it’s a house of cards and now practically everyone is saying it.
13
posted on
05/23/2010 10:30:05 PM PDT
by
lmr
(God punishes Conservatives by making them argue with fools.)
To: gunsequalfreedom
New York Times ran a great graphic that showed all the billions in cross-borrowing between many European nations. would love to see that graph
To: lmr
One wrong move... You see, its a house of cards and now practically everyone is saying it.
We only have to look at the odds of something not going exactly as planned.
15
posted on
05/23/2010 10:33:06 PM PDT
by
unkus
To: stuck_in_new_orleans
16
posted on
05/23/2010 10:33:39 PM PDT
by
unkus
To: gunsequalfreedom
The New York Times is becoming increasingly accurate of late. What’s up with that?
To: Ernest_at_the_Beach
The “trouble” started in Nov. 08 when the idiots elected Obambi and Pelousy.
It all starts with socialism when we ran out of “other people’s money”.
18
posted on
05/23/2010 10:37:53 PM PDT
by
garyhope
(It's World War IV, right here, right now, courtesy of Islam.)
To: Ernest_at_the_Beach
19
posted on
05/23/2010 10:50:05 PM PDT
by
blam
To: blam
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