Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
If Germany can bail them out, then I am all for it. That's why you call it European Union.
The European Union specifically forbids the bailing out of countries except under natural disasters. The only way Germany will even be able to attempt this is to use this particular loophole in some strange way. Germany won't give Greece one red cent and God bless them for standing firm.
The European Union specifically forbids the bailing out of countries except under natural disasters. The only way Germany will even be able to attempt this is to use this particular loophole in some strange way. Germany won't give Greece one red cent and God bless them for standing firm.
It is inevitable. If Germany would actually help, then Portugal will come to the table wanting $$$, then Italy. Germany will most likely draw the line here, no farther.
Germany may be socialist, but only to help other Germans. They're very matter of fact and serious people and will do nothing. They're not the United States where we bail out everyone. They're practical enough to realize the moral hazard of bailing them out with regards to the rest of the PIIGS.
France has been playing with their deficit numbers to get into the EU the bill is coming due and well...
R U really sure about that?
Saying a French?
Yes, I am very sure. Merkel knows what's at stake. And I don't knwo what you mean by "[alying with numbers to get into the E.U." France has been a member since 1951...
Yes, I am very sure. Merkel knows what's at stake. And I don't knwo what you mean by "[alying with numbers to get into the E.U." France has been a member since 1951...
The German people will NOT agree to such a ridiculous idea of cascading bailouts.
Germany may be socialist, but only to help other Germans. They're very matter of fact and serious people and will do nothing. They're not the United States where we bail out everyone. They're practical enough to realize the moral hazard of bailing them out with regards to the rest of the PIIGS.
Why don't you first look up the word "socialist"? But let me do that for you.
a system of society or group living in which there is no private property
If Greece wants money, then they will get it. The link even says that she did not rule it out.
Quote:
Originally Posted by summers73
The German people will NOT agree to such a ridiculous idea of cascading bailouts.
How would you know ? Did Fox "News" tell you that?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
France has been a member since 1951...
