Complete absurdity in Greece: ECB prints Euros to give to Greece to make interest payments to ECB. “At the moment, a Greek default is being fought off from week to week — and politicians are trying to duck responsibility.” Euro-zombie!
Complete absurdity in Greece: ECB prints Euros to give to Greece to make interest payments to ECB. “At the moment, a Greek default is being fought off from week to week — and politicians are trying to duck responsibility.” Euro-zombie!
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Why don't people ever learn from history? These stupid bastards are going to keep pumping paper into a failed fiat currency, thinking that they won't look like a bunch of total idiots when the whole mess blows up in their faces.
No, they don't. Big gov't progressives keep coming around every so often, convinced they can make their failed ideology work THIS TIME. The next generation of leftists alway believe they are smarter then the last generation, & can make it work. They also don't understand that in or to walk on water, it needs to be frozen solid.
why did they join (greeks), what have they got to offer nothing. This makes me so angry, I pay my tax for it to be waste on the Euro MP gravy train. The money that is wasted by the UK on Europe is a bloody disgrace.
Welcome to our world!
The US has been sending aid to, and bailing out, other countries since WW-I, to the tune of Billions of dollars a year, and what do we get in return? Shit on at every turn!
There isn't even one European country that has paid us back any of the money we lent them to rebuild after WW-II. With interest, we could pay off our debt if we were repaid that money! We never ask for it because it would bankrupt everyone! So instead, we are going bankrupt, borrowing money from China, to give to countries that hate us!
Yeah, and it feels so good helping others ruin our great Republic.
Nigel, as an American living in Germany, I can state with some authority that the German people are tired of it also. They never wanted the Euro, but their government pushed it through against their wishes.
That sounds familiar, too!
The money wasted in the US is a bloody disgrace, too. Welcome to the club.
The Greeks and Europe, I am anti- Europe it does not work and never will. At some point they (greeks) will default, so what ! It will not make any difference to the people in the uk, my god the eurozone was the biggest mistake this country has ever made (UK). It is run by the Germans for the Germans, we should pull out now, thank god we still have the English Pound and not the Euro. We should be trading with the US & China much more, we are not European never have been & and never will be period.
Germany is the one that should pull out, taking the rug out from under the feet of the others as they go. Just like America should pull out of the U.N. and leave them hanging, with no country of any substance to bail them out.
Isn't that on par with Obama printing money for stimulus, etc?
Is it time to hit the solar system reset button yet?
Oh dear, I agree with you on this.
It's not so bad, Nigel. You're allowed to be right once in a while.
This is similar to our practice of filling the social security "lock box" with US government IOUs(T-bills). Look out below, here we come.