Europe needs to get it's shit together now

[Choker]

France just got downgraded, I'm willing to bet that the printing presses will be churning out euros within 2 weeks.

[halfpint]

No it doesent it needs to die the Eurozone is a peice of crap and allways has been

[Nicky]

Knew we did the right thing when we voted against having the euro as currency in Sweden. Let's just say they are not putting It up for vote again any time soon

[Roald]

[Lucy - CSC]

It is all due to the US Federal Reserve which ultimately is run from London. So yeah Europe needs to get its shit together.

[_Richard_]

link? thought they were 'set to be downgraded'

[Roald]

Originally Posted by _Richard_

link? thought they were 'set to be downgraded'

only downgrade I heard about today was from the RaboBank

[Caligari]

Originally Posted by Choker

France just got downgraded, I'm willing to bet that the printing presses will be churning out euros within 2 weeks.

then cough up a link



S&P tried to downgrade France a few weeks ago and were called out on it-
http://www.ft.com/cms/s/0/c72c601e-0...44feabdc0.html

[grumpy]

Originally Posted by Choker

France just got downgraded, I'm willing to bet that the printing presses will be churning out euros within 2 weeks.

we are not like the USA, it works different here.

[Choker]

Originally Posted by Caligari

then cough up a link



S&P tried to downgrade France a few weeks ago and were called out on it-
http://www.ft.com/cms/s/0/c72c601e-0...44feabdc0.html

Was on CNBC, wasn't s&p that downgraded them

[seeandsee]

i dont know where will this end, but nothing good to happen

[porno jew]

S&P Says Technical Error Caused Mistaken France Downgrade E-mail

http://www.businessweek.com/news/201...de-e-mail.html

Nov. 11 (Bloomberg) -- Standard & Poor’s said a “technical error” unrelated to France’s credit rating was the cause of the message issued yesterday that roiled markets when the company mistakenly suggested the country had been downgraded.

The erroneous e-mail stemmed S&P’s computer systems incorrectly interpreting the company’s Banking Industry Country Risk Assessment ranking for France, which isn’t a credit grade, S&P said today in a statement. The New York-based firm said it’s “cooperating with all the relevant authorities to provide full background on the matter.”

[porno jew]

so no downgrade yet.

[biskoppen]

Thank God we never joined the Euro (Denmark)

[pornguy]

Funny 6 months ago they were saying the same about the US.

[Klen]

Originally Posted by grumpy

we are not like the USA, it works different here.

This is why this dont have any sense-Usa have much bigger debt,they print money all the time,and nothing wrong there,yet here they acting like Armageddon will occur tomorrow.

[Choker]

Originally Posted by Jesus H Christ

Here ..............

There you go. Not the same as a S&P downgrade, but after the S&P gave every single Mortgage Backed Security the highest ratings then they all failed, why do people still trust S&P ? un real. Al lthe rating agencies are a fucking joke in my opinion. It's all about the cash for them.

[MaDalton]

meh - you work out your gop/dems budget problem first ;)

[_Richard_]

Originally Posted by Jesus H Christ

Here ..............

thanks did a google search and a search through the news and didn't find a thing

interesting that it's a US firm

[SZNY]

Originally Posted by KlenTelaris

This is why this dont have any sense-Usa have much bigger debt,they print money all the time,and nothing wrong there,yet here they acting like Armageddon will occur tomorrow.

But really where is all that money going? You would be thinking that some peeps would be stinking rich by now.

Anyway a week or so, it was in the news that Obama signed some new law agreement otherwise the government officials and employees couldn't be paid in December.

It's time for some war, reducing Earth population and increasing the world economy.

[Kolargol]

Originally Posted by biskoppen

Thank God we never joined the Euro (Denmark)

if euro goes down you will too have huge problems - I suppose most of your trade is with euro zone anyway.

[AdultEUhost]

Funny, this is exactly why we are still in this mess.
If everyone would focus on actually fixing the problem instead of worrying about everyone else we wouldn't have had this conversation now.

By the way, Europe might be crap but let's not start about the US shall we? I am a big fan but the US is not really the role model in this whole topic. :2cents

[Wizzo]

Originally Posted by Lucy - CSC

It is all due to the US Federal Reserve which ultimately is run from London. So yeah Europe needs to get its shit together.

You need to share whatever you are on, I couldn't come up with some of the shit you post if dropped acid and washed it down with mushroom tea...lol

[Choker]

Originally Posted by AdultEUhost

Funny, this is exactly why we are still in this mess.
If everyone would focus on actually fixing the problem instead of worrying about everyone else we wouldn't have had this conversation now.

By the way, Europe might be crap but let's not start about the US shall we? I am a big fan but the US is not really the role model in this whole topic. :2cents

Your kidding right? 17% of the IMF is US money, so we should not worry if the IMF uses its funds to bail out Europe? And yeah the US is the role model. If the US had not bailed out it's banks we would all be in a depression right now, Europe and everyone else on the planet.

Americans complain and whine about their country all the time, hell I know I do. But when you look at the big picture it is still the best thing going.

[Choker]

Originally Posted by Wizzo

You need to share whatever you are on, I couldn't come up with some of the shit you post if dropped acid and washed it down with mushroom tea...lol

I was thinking the same thing. Someone's hitting the crack pipe today

[Black All Through]

Originally Posted by halfpint

No it doesent it needs to die the Eurozone is a peice of crap and allways has been

You are right half way, The amount of debt that all 17 Euro-Countries has is a third of the US debt only that the US thanks to its debt is owned by the Chinese, this is something that the Europeans refused on principal and are resolving the problem among the 17 nations. Are they up to shit all the way up to their neck? YES! Will they get out of the mess? YES! but with a lot of cuts and bruises and broken bones
I hate to say this, but you're next Halfpint, you as Britain and not being in the Eurozone no one will bail you out. China will be your door of salvation and like the Americans they will have the Brits where they want them, by the balls. Isolating yourselves like this in the long run would have came back and bit you and its about to.

[Lucy - CSC]

Originally Posted by Wizzo

You need to share whatever you are on, I couldn't come up with some of the shit you post if dropped acid and washed it down with mushroom tea...lol

You do realise the US Federal Reserve Bank is a privately owned bank?

[Si]

Originally Posted by Lucy - CSC

It is all due to the US Federal Reserve which ultimately is run from London. So yeah Europe needs to get its shit together.

[datingleads]

Originally Posted by Nicky

Knew we did the right thing when we voted against having the euro as currency in Sweden. Let's just say they are not putting It up for vote again any time soon

You got a vote? Holy shit, that's a first for Europe.

[Si]

Choker, you are totaly right about the credit rating agencies. They are an absolute fraud, if you haven't seen Inside Job you should seriously check it out.

[porno jew]

Originally Posted by Lucy - CSC

You do realise the US Federal Reserve Bank is a privately owned bank?

simplistic




.

[SZNY]

Originally Posted by Jesus H Christ

It's not just people, but whole countries. Here's a fact, Germany, UK, and the US contributed the bulk of the funds to the IMF. The IMF is like a huge Insurance company that helps financially troubled countries.

Anyway, there's a very high probability the IMF will have to bailout Italy's upcoming debt payment (via the ECB) with extra money to cover the expenses to run the country for an additional three months. The kicker? - Italy does not have a solution to their debt problem or taking measures to correct it. So, they'll need even more money in the near future, but the money given by the IMF is 38% of the total funds the IMF has.

The outrage? Italy has only contributed 3% to this relief fund, as it's return is 36% of the total fund. In short, free money as they'll never be able to pay it back.

This is really outrages but the EU has at this moment no other option to stick it all together. No one knows what will eventually happens but it can be the beginning of a worldwide economic collapse.

In my home country (NL) they are already talking about the Neuro a situation were all the weak EU countries are being kicked out.

Time will tell what will eventually happen.

[MaDalton]

it's actually a german plan to buy the EU, seems more successful than last time and the costs are about the same

[SZNY]

Originally Posted by MaDalton

it's actually a german plan to buy the EU, seems more successful than last time and the costs are about the same

Yeah I know its a German plan

[Choker]

Originally Posted by MaDalton

it's actually a german plan to buy the EU, seems more successful than last time and the costs are about the same

HAHA I think that went over most peoples heads. But yeah you are correct. Germania or Geurope?