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Old 03-26-2010, 09:23 AM
 
Location: Land of debt and Corruption
7,545 posts, read 8,326,934 times
Reputation: 2889

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Wonder if they'll come to our rescue too since we're on the same path?

http://news.yahoo.com/s/ap/20100325/ap_on_bi_ge/eu_europe_financial_crisis (broken link)
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Old 03-26-2010, 09:32 AM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
Reputation: 27720
They've been going back and forth on this for a few weeks.
I don't believe it until Greece actually gets some money from someone.
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Old 03-26-2010, 09:40 AM
 
1,842 posts, read 1,708,271 times
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Quote:
Originally Posted by whatyousay View Post
Wonder if they'll come to our rescue too since we're on the same path?

http://news.yahoo.com/s/ap/20100325/ap_on_bi_ge/eu_europe_financial_crisis (broken link)
I skimed the article and it isn't over yet. Greece needs to start saving enough money to buy its own debt. We do as well.
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Old 03-26-2010, 10:18 AM
 
1,233 posts, read 1,218,406 times
Reputation: 452
The next time that the Germans tell the Greeks to sell off their Islands to pay off their debts, the Greeks should tell the Germans to go to Hell and to pay WWII Repatriations to Greece for their NAZI war crimes and murders.

Greece is an staunch and firm ally of the U.S. Maybe we should not **** them off.
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Old 03-26-2010, 10:20 AM
 
Location: AL
2,476 posts, read 2,603,883 times
Reputation: 1015
Obama agenda====Divide and conquer!
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Old 03-26-2010, 11:43 AM
 
13,650 posts, read 20,777,671 times
Reputation: 7651
Quote:
Originally Posted by whatyousay View Post
Wonder if they'll come to our rescue too since we're on the same path?

Eurozone agrees on bailout plan for Greece - Yahoo! News (http://news.yahoo.com/s/ap/20100325/ap_on_bi_ge/eu_europe_financial_crisis - broken link)
Most likely. The Reverse Marshall Plan.
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Old 03-26-2010, 11:51 AM
 
1,842 posts, read 1,708,271 times
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Quote:
Originally Posted by Moth View Post
Most likely. The Reverse Marshall Plan.
But what if we are all broke?
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Old 03-26-2010, 11:57 AM
 
13,650 posts, read 20,777,671 times
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Quote:
Originally Posted by newonecoming View Post
But what if we are all broke?
How could the Europeans ever be broke? They live in a perfectly designed Utopia.
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Old 03-26-2010, 12:01 PM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
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Quote:
Originally Posted by Moth View Post
How could the Europeans ever be broke? They live in a perfectly designed Utopia.
That's cause they hid all their debt in off balance sheets !!!

Surprise, surprise..look what we've been hiding !
Why do you think there is such controversy over the "audit the Fed" bill ? Think of what is lurking in the Fed books that we cannot see....

Heard on the Street: The Real Sovereign-Debt Challenge - WSJ.com
"The story of the crisis so far has been one of off-balance-sheet liabilities becoming real: from structured investment vehicles to banks, from banks to governments. Will the next step in the crisis see markets forcing governments' unfunded off-balance sheet liabilities back to center stage? "
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Old 03-26-2010, 12:07 PM
 
Location: DC
3,301 posts, read 11,716,798 times
Reputation: 1360
Quote:
Originally Posted by kerrymac View Post
Obama agenda====Divide and conquer!

Um....I missed something. Where is Obama in that article?

All it says is that the EU and IMF set up some money for Greece (that they can only touch with a unanimous Eurozone vote......good luck).
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