Europe

[AzariLoveIran]

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To understand how weak American Dollar is, consider, with all these disaster countries in Euro zone, Euro still climbing versus Dollar

If Europe had no problem , American Dollar would be worth just a few cents Euro


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[Mr. Perfect]

You're right about that Az, big time. Weakness compounding on weakness, people can't see forest for trees.

[Colonel Sun]

[Endovelico]

Germany is on its way to become a nicer place again.



And you should add another 9 percentage points to the left, in respect of Die Linke...

[Ibrahim]

Re: Greece
On the upside, it appears we will finally get an example of what happens when a Western (sorta) nation actually defaults and goes broke.

[Alexis]

[AzariLoveIran]

[Mr. Perfect]

Every man for himself az, knives in backs, knives at throats.

[AzariLoveIran]

[Demon of Undoing]

[Endovelico]

In my view time has come for Southern European countries to leave the EU and create another association with different objectives and methods. Portugal, Spain, Italy, Greece, Cyprus, Malta, Slovenia, Romania and Bulgaria should create a Southern European Union, with their own currency and central bank, dedicated to promoting growth and development for all. Budget balance, inflation control and strict interpretation of competition rules would be secondary, growth, trade balance and solidarity would become the new group's priorities. Eventually this Southern European Union could develop a closer relationship with Turkey, Israel, Lebanon, and the Maghreb countries. Free trade would be kept with the other European countries, but with a currency better adjusted to Southern European realities. The attitude of Northern European countries is such, that it is no longer possible to stay with them in the same EU. Today, at a conference in my university, I heard a former Portuguese minister of foreign affairs telling us about the incredible antagonism existing (2008) between Northern and Southern European countries, in the course of European Council meetings, showing that the European ideal has all but disappeared. For Northern European countries, making money has become the only objective, and the EU is seen simply as a means to that end. And fuck the PIGS...

[Endovelico]

[noddy]

[AzariLoveIran]

[AzariLoveIran]

[Endovelico]

[Sparky]

There isn't much appetite in Europe for more integration; The Germans et al are wary about having to carry the can for more expensive fiascos, and the Greeks & co are equally wary about the prospects of being screwed over yet again by their financially muscular neighbours.

Of course, the patent medicine being peddled by the Eurocracy for the current ills is the same as it always is: Economy too small? Too big? Too much debt? Too little? Buy More Europe! It heals boils, shrinks wens, cures impotence and priapism - a sovereign remedy for all ailments*!

[Endovelico]

[Sparky]

Fundamentally conflicting interests and no existential threats, Endo. How can you forge a a single government and a united foreign policy based on that?

[Torchwood]

[Colonel Sun]

[Alexis]

[Tinker]

Well I'm glad we're raising that debt ceiling then! Take that France!!!

[Azrael]

[AzariLoveIran]