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Old 11-14-2009, 09:22 AM
 
48,504 posts, read 93,680,975 times
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Lookig at the forwth and the unemployemnt figures yeaterday erueope is not out of recessio at all. In fact tehy are still havign alot of difficlties;more so than the US even.In fact as one frnch economist for the governamnt said we would take 10% unemloyemnt has a normal and 30% in those under 30 also.Thier per centage of GDP spent on governamnt is too high whcih is why they did not institute the same per centage as stinulus of GDP that the US id and china.
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Old 11-14-2009, 09:31 AM
 
3,208 posts, read 4,412,677 times
Reputation: 4309
Quote:
Originally Posted by Indurain View Post
The world needs a strong Europe.
We're the centre of civilisation for Gods sake.
Have been for centuries.

Greatest region in the world.
Diverse, free, fair.

Long live Europe.
Which due to non-existiant birth rates among your indigenous people, a history and culture that will soon be erased from relevancy (sadly).

Europe may be cozy, but it's far from dynamic or a force in the world.
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Old 11-14-2009, 09:35 AM
 
272 posts, read 201,721 times
Reputation: 79
Europe exits under the umbrella of protection provided by the US. We dont mind though with the Military Industrial Complex as the foundation of our economy we prosper by supplying the rest of the world with modern weapons.
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Old 11-14-2009, 09:50 AM
 
4,126 posts, read 4,914,689 times
Reputation: 1621
Quote:
Originally Posted by saganista View Post
I guess you didn't understand the news. Positive growth re-emerged in both the US and in Europe in the third quarter of this year. There is that pesky five- or six-hour time difference, but July-September is still the same quarter in both places. Japan saw positive growth in the second quarter, so that's now three key economic areas who have managed to get back in the black...
I admire your optimism but finding a 20 dollar bill on the sidewalk will not pay off your debt.
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Old 11-14-2009, 10:04 AM
 
4,126 posts, read 4,914,689 times
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Quote:
Originally Posted by Indurain View Post
Europe is proud.

Our systems here are about to fully converge.
This is only the beginning.
Our systems will be fully integrated.
We will be as one economically/politically.
When convergence is complete, Europe will power away from all other regions.
Sounds like a new cult.
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Old 11-14-2009, 12:22 PM
 
Location: Great State of Texas
86,052 posts, read 81,465,464 times
Reputation: 27707
Quote:
Originally Posted by Joe_Ryder View Post
Sounds like a new cult.
It is. They call it the NWO.
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Old 11-14-2009, 12:49 PM
 
12,867 posts, read 14,401,004 times
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Quote:
Originally Posted by HappyTexan View Post
So, you see those green shoots over there too? Don't hold your breath is my advice.
yep, they are being fed green shoots for dinner over there as well:

Analysts said the outlook remained patchy, particularly because unemployment was still climbing, wages were stagnant and consumption and lending were being propped up by government programs that would not be renewed indefinitely.

“Europe is still very dependent on lenient fiscal and monetary policy,” said Helge J. Pedersen, chief economist at Nordea in Copenhagen, “so I fear a bit for what happens when all these programs are phased out in coming months.”

not to mention that there is in-fighting in europe over cap and trade

http://www.nytimes.com/2009/11/03/bu.../03inside.html

not everyone wants to pay a shiny new tax to "help" emerging markets.
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Old 11-14-2009, 06:58 PM
 
Location: Chicagoland
41,321 posts, read 43,538,354 times
Reputation: 7118
Quote:
Originally Posted by Joe_Ryder View Post
Sounds like a new cult.
More like the Napoleon complex.

The have to depend and rely on a conglomeration of 27 countries for their collective well-being. Somebody in Belgium can't wipe their a** without permission from France. No sense at all of individualism or self reliance.

Really quite humiliating.
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Old 11-14-2009, 07:05 PM
 
Location: Houston
3,565 posts, read 4,592,654 times
Reputation: 931
They never had a deep recession. Like Germany reported job growth already months ago. Our numbers are still bad and continue to get worse.
Can't compare it.
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Old 11-14-2009, 07:20 PM
 
Location: Great State of Texas
86,052 posts, read 81,465,464 times
Reputation: 27707
Over ? With current articles like below..I'd hate to see what would be going on if it were not over.

Flaming ATMs: New Militant Group Torches Cash Machines in Frankfurt - SPIEGEL ONLINE - News - International

RBS, Lloyds Get $51 Billion in Second Bank Bailout (Update6) - Bloomberg.com
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