Oops, bailout is happening in EU too...

[SSSnail]

CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

 

[NoStateofMind]

Gold.

 

[JohnOfSheffield]

Repost, and it's as significant as a 10'th of the US proposed invesments.

 

[JohnOfSheffield]

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

 

[SP33Demon]

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

 

[EndGame]

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

Um, not positive but, thinking he meant investing in gold as a safe place for money no matter where you live!

 

[SSSnail]

Originally posted by: SP33Demon

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

Trust me when I say this, they have their own mortgage problems too, the sub-prime mess is not confined to the US. It's a global problem.

 

[NoStateofMind]

Originally posted by: EndGame

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

Um, not positive but, thinking he meant investing in gold as a safe place for money no matter where you live!

Some "get it" while others see what they want to see.

 

[EndGame]

Originally posted by: SSSnail

Originally posted by: SP33Demon

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

Trust me when I say this, they have their own mortgage problems too, the sub-prime mess is not confined to the US. It's a global problem.

Can't really speak with a lot of knowledge on the others but, I do know Germany is in about the same boat as the USA. I have many relatives in Germany and returned from the Berlin area only a little over a month ago from a 10 week stay. Things overall are worse for Germans than us here at least up until today.

 

[SSSnail]

Originally posted by: EndGame

Originally posted by: SSSnail

Originally posted by: SP33Demon

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

Trust me when I say this, they have their own mortgage problems too, the sub-prime mess is not confined to the US. It's a global problem.

Can't really speak with a lot of knowledge on the others but, I do know Germany is in about the same boat as the USA. I have many relatives in Germany and returned from the Berlin area only a little over a month ago from a 10 week stay. Things overall are worse for Germans than us here at least up until today.

I've traveled to the four developed continents within the last few months and things are bad overall everywhere. For instance, UK right now is facing a really big slump in housing. I was watching some local program yesterday on economic outlooks in UK and so many people are falling by the wayside or are well on their way due to drastic slows down in the economy.

A lot of people have lost their jobs in manufacturing and cannot find an alternative, businesses that depended on the housing sector fails miserably and that also triggers a domino affects. I don't know if this was credible, but the programs also stated since last year the percentage of children in the UK that's living in poverty increased by 33%.

In Asia, Australia, inflation was rampant, everything was so expensive, even for me. The housing market followed the US and EU trend, and have been in trouble for quite a while now as well, probably right after ours took a dump.

There really are no positive outlook, regardless of how I want to look at it.

 

[RichardE]

The EU is in worse shape the US atm.

 

[RichardE]

Originally posted by: SP33Demon

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

You miss the massive rise in incease of EU/Australian homes? Bankers are the same everywhere.

The major difference is the US is developing a pro active plan to deal with than, whereas the EU is being reactionary.

 

[EndGame]

You gotta wonder what China is thinking right now.

 

[SP33Demon]

Originally posted by: SSSnail

Originally posted by: SP33Demon

Originally posted by: SSSnail
CNN Link

European governments, including Belgium, Netherlands, Luxembourg and Britain, intervene to prop up weakened banks as crisis deepens.

Heh, if you really think the financial crisis only affects the US, you're pretty much hopeless. It's like that couple that moves away from CA to escape the earthquakes to be killed in a car accident on their way leaving California.

If you didn't think that some of the EU banks drank our Kool Aid then I have a bridge to nowhere to sell to you. Why do you want a cookie? Rest assured knowing that their problems don't stem from their domestic investments, but their investments in the United State's stupidity i.e. giving chimpanzees and gibbons a mortgage. This is like the person who causes a 40 car pileup on the interstate and laughs at the carnage he's caused from a stretcher.

Trust me when I say this, they have their own mortgage problems too, the sub-prime mess is not confined to the US. It's a global problem.

I agree, but they just got their bailout today due to the fact that a Central Bank is better for lending. The euro will bounce back like it always does, it wasn't even down as much I thought it would be today. However, waiting for the US to vote and then pray that the dollar rebounds is wishful thinking.

 

[JS80]

Originally posted by: EndGame
You gotta wonder what China is thinking right now.

might be a good opportunity for them with their $1 trillion dollar reserve.

I wonder how Americans would react to a "China rescue bailout plan" where China comes in and buys everything for cheap.

 

[EndGame]

Originally posted by: JS80

Originally posted by: EndGame
You gotta wonder what China is thinking right now.

might be a good opportunity for them with their $1 trillion dollar reserve.

I wonder how Americans would react to a "China rescue bailout plan" where China comes in and buys everything for cheap.

I can see that side of it and no, the citizens would react worse to that type of bailout than they did with the one today.

My point though was, yes, China holds the majority of our debt but, they also know they can not recall that feasabley and starring at a worlwide economic downturn where a LOT of things are "made in China" with cheap labor, what happens when there is not even a market for cheap Chinese goods?

 

[JohnOfSheffield]

Originally posted by: PC Surgeon

Originally posted by: EndGame

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

Um, not positive but, thinking he meant investing in gold as a safe place for money no matter where you live!

Some "get it" while others see what they want to see.

Yeah, i don't like you, but i would like to offer my apology for being a daft twat and not understanding what you meant by it.

I should have understood, i have all mine in gold.

Sometimes i am stupid and this was one of those times, i suppose i am just too used of people who hate Europe more than Talibans around here.

 

[StageLeft]

Originally posted by: JS80

Originally posted by: EndGame
You gotta wonder what China is thinking right now.

might be a good opportunity for them with their $1 trillion dollar reserve.

I wonder how Americans would react to a "China rescue bailout plan" where China comes in and buys everything for cheap.

They wouldn't really care, just as most don't care about European companies coming in and buying US companies up at low prices due to the stronger Euro right now.

 

[JohnOfSheffield]

Originally posted by: Skoorb

Originally posted by: JS80

Originally posted by: EndGame
You gotta wonder what China is thinking right now.

might be a good opportunity for them with their $1 trillion dollar reserve.

I wonder how Americans would react to a "China rescue bailout plan" where China comes in and buys everything for cheap.

They wouldn't really care, just as most don't care about European companies coming in and buying US companies up at low prices due to the stronger Euro right now.

Heh, Canadian dollars are stronger than US dollars, don't sell your countryfolks short.

The £ is even stronger.

Right about NOW would be a good time to invest in £'s

 

[EndGame]

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon

Originally posted by: EndGame

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

Um, not positive but, thinking he meant investing in gold as a safe place for money no matter where you live!

Some "get it" while others see what they want to see.

Yeah, i don't like you, but i would like to offer my apology for being a daft twat and not understanding what you meant by it.

I should have understood, i have all mine in gold.

Sometimes i am stupid and this was one of those times, i suppose i am just too used of people who hate Europe more than Talibans around here.

Honestly, I doubt anyone, or at least very few hate Europe, for the most part, they are ignorant of Europe.

 

[CanOWorms]

I fear that this may be the spark to the rising ultra far-right nationalist supported genocide in Europe. Their economies are going down as well. History shows that they will not put much blame on themselves and instead seek scapegoats which means that minority groups will be in even more crosshairs throughout Europe. Persecuting minority groups and seizing their assets may even be advocated to stem off economic ruin.

The far-right recently gained in elections in Austria and their advance keeps going on throughout the continent. These economic times will accelerate their popularity.

 

[JohnOfSheffield]

Originally posted by: EndGame

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon

Originally posted by: EndGame

Originally posted by: JohnOfSheffield

Originally posted by: PC Surgeon
Gold.

How is that gold, reveling in others misery? Well, i guess i have been right all along about you, you are nothing but a ridiculous little twat.

Um, not positive but, thinking he meant investing in gold as a safe place for money no matter where you live!

Some "get it" while others see what they want to see.

Yeah, i don't like you, but i would like to offer my apology for being a daft twat and not understanding what you meant by it.

I should have understood, i have all mine in gold.

Sometimes i am stupid and this was one of those times, i suppose i am just too used of people who hate Europe more than Talibans around here.

Honestly, I doubt anyone, or at least very few hate Europe, for the most part, they are ignorant of Europe.

No, we stand for everything they hate, the UK is a police state, the North is communist, the middle lazy and the south are surrender monkeys who lets the Muslims take over.

It's just what i have been told. (by canofworms who trolls EVERY thread with his bullsheit and has mod approval for it)

Never mind that the UK has less citisen laws than the us by far, less SECRET surviellance by 100%, and all the other rights they now have, no knock searches and such, but WE are a police state for some unknown reason, i guess they have to find someone who has a camera and WOW, that is much worse.

We all know Sweden is socialistic, right? Well, socialism has to do with market regulation and there is only ONE country that regulates it's market more than the US and that is Russia.

Does anyone ever stop to think that the things that happened in France, with the riots has happened in the US too? Well it did and for the same damn reasons.

Then we have Austria... which should be excluded as soon as the Nazis take a hold of parliment.

 

[miketheidiot]

Originally posted by: EndGame
China holds the majority of our debt but

the american government owns most of its own debt actually, and i think the federal reserve owns about 20% on top of it. Also from what i hear china's economy isn't in the best shape atm either.

 

[miketheidiot]

Originally posted by: CanOWorms
I fear that this may be the spark to the rising ultra far-right nationalist supported genocide in Europe. Their economies are going down as well. History shows that they will not put much blame on themselves and instead seek scapegoats which means that minority groups will be in even more crosshairs throughout Europe. Persecuting minority groups and seizing their assets may even be advocated to stem off economic ruin.

The far-right recently gained in elections in Austria and their advance keeps going on throughout the continent. These economic times will accelerate their popularity.

you shoudl write a book, that shit would be hilarious to read.

 

[EndGame]

Originally posted by: miketheidiot

Originally posted by: EndGame
China holds the majority of our debt but

the american government owns most of its own debt actually, and i think the federal reserve owns about 20% on top of it. Also from what i hear china's economy isn't in the best shape atm either.

China has been buying huge quantities of our dollar assets to keep their currency artificially low and thus create a huge defecit.

Actually I agree though and that was the reason for my original post. China's economy is fragile and based almost completely on exports to countries like the USA. If our economy goes in the dumpster so to say, theirs will also but it will be much more painfull for China.