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2011-09-30 Europe

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Posted by g(r)omgoru 2011-09-30 08:57|| || Front Page|| [11 views ] Top

#1 At least the Germans are industrious. Perhaps they can grow their way out of it...

Posted by American Delight 2011-09-30 09:08|| http://moneyjihad.wordpress.com/ 2011-09-30 09:08|| Front Page Top

#2 The entire world is in debt. Every country is being crushed under its weight.

Posted by DarthVader 2011-09-30 09:11|| 2011-09-30 09:11|| Front Page Top

#3 For every debit there's a credit.

To whom we must ask?

And who actually benefited from the massive expansion of credit? (Apart from governments who would otherwise be unable to hide the damage their taxation => Cronies policies have wrought?).

Posted by Bright Pebbles 2011-09-30 10:48|| 2011-09-30 10:48|| Front Page Top

#4 For every debit there's a credit.
To whom we must ask?

At least here it seems like the government is borrowing from itself, and is thus both debtor and creditor - which is effectively printing money and thus confiscating the value of existing savings. Once savings have been devalued to nothingness, this economic tool will become useless.

Posted by Glenmore 2011-09-30 12:52|| 2011-09-30 12:52|| Front Page Top

#5 But Eating the seed-corn is standard Marxist policy!

I thought the USSR lost?

Posted by Bright Pebbles 2011-09-30 13:23|| 2011-09-30 13:23|| Front Page Top

#6 I thought the USSR lost?

Patient 0 died, but the virus kept going.

Posted by Pappy 2011-09-30 16:06|| 2011-09-30 16:06|| Front Page Top

#7 That news is a lie.
It includes future expenditures.
As such is not comparable with Italian and whatever debt levels.

Posted by Chomosing Hupimp6046 2011-09-30 18:03|| 2011-09-30 18:03|| Front Page Top

#8 "The Truth" > The Wrestler on TV'S RAW???

gut nuthin.

The "GREAT GREAT-ER DEPRESSION"???

Posted by JosephMendiola 2011-09-30 21:17|| 2011-09-30 21:17|| Front Page Top

23:35 Dale
23:34 JosephMendiola
23:18 lotp
23:14 JosephMendiola
23:11 lotp
23:04 JosephMendiola
22:52 trailing wife
22:27 Procopius2k
22:00 European Conservative
21:54 Nimble Spemble
21:54 Lumpy Elmoluck5091
21:51 European Conservative
21:49 Thing From Snowy Mountain
21:48 Nimble Spemble
21:48 Thing From Snowy Mountain
21:44 European Conservative
21:29 JosephMendiola
21:20 JohnQC
21:20 JosephMendiola
21:17 JosephMendiola
21:13
21:07 lotp
20:23 Lumpy Elmoluck5091
20:08 Nimble Spemble