Political Forums  

Go Back   Political Forums > Politics
Register FAQ Community Calendar Today's Posts Search

We appreciate your help

in keeping this site going.
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 02-06-2014, 09:14 PM
finnbow's Avatar
finnbow finnbow is offline
Reformed Know-Nothing
 
Join Date: Oct 2009
Location: MoCo, MD
Posts: 26,554
Quote:
Originally Posted by 4-2-7 View Post
WTF The whole EU is in one basket, Greece France Italy Portugal Cyprus Spain. Have all been in dire straights the past few years and on the verge of total collapse bringing the whole euro down. The only reason they haven't is intervention from the Fed & IMF...
Completely and totally wrong. Again. Where the hell do you get your "news?" The PIGS (Portugal, Ireland, Greece and Spain) were indeed economic basket cases, but were bailed out mostly by Germany, not us. Hell, their economic travails were largely the results of investing in our trumped up derivatives. The European countries north of the Alps are anything but economic basket cases. We should be so lucky to have an economy like Germany's. They were the world's leading exporter until China caught them a couple of years ago and their exports are "high-value-added" products. The German education and health care systems, not to mention their manufacturing prowess, are far ahead of ours.
__________________
As long as the roots are not severed, all will be well in the garden.

Last edited by finnbow; 02-06-2014 at 09:17 PM.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 07:32 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.