Article

2012-05-14 Europe

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Steve White 2012-05-14 00:00|| || Front Page|| [3 views ] Top

#1 I imagine the Chinese economy needs export markets even more than the German one does.

Posted by Anguper Hupomosing9418 2012-05-14 00:47|| 2012-05-14 00:47|| Front Page Top

#2 Most economists think that a new, free-floating drachma would immediately crash by up to 50 per cent against the euro and other currencies, effectively halving the value of everyone's savings and spelling catastrophe for those on fixed incomes, like pensioners.

But, but, but isn't that the ultimate goal of all governments? The currently programme of ~~theft~~ creeping inflation takes so very long.

Posted by Besoeker 2012-05-14 04:01|| 2012-05-14 04:01|| Front Page Top

#3 That's the answer. Print the drachma. The Socialist answer. Need more print more. Tax, tax, tax and spend.

Posted by Dale 2012-05-14 07:43|| 2012-05-14 07:43|| Front Page Top

#4 GOOD. Time to rip the bandaid off instead of that slow shit. No more bailouts

Posted by Frank G 2012-05-14 07:51|| 2012-05-14 07:51|| Front Page Top

#5 Should not the headline say: "Greece will run out of other people's money soon"? I thought they already ran out of their own a while ago...

Posted by Broadhead6 2012-05-14 09:40|| 2012-05-14 09:40|| Front Page Top

#6 They can simply print physical Euros and essentially force the ECB to write the issuance as a loan to them (at no interest). They will not run out of money, unless they want to.

Posted by rammer 2012-05-14 09:59|| 2012-05-14 09:59|| Front Page Top

#7 spelling catastrophe for those on fixed incomes, like pensioners.
Not to mention retired politicians, judiciary, non-attending public servants or those poor suffering denizens of the Isle of The Blind.

Posted by tipper 2012-05-14 11:04|| 2012-05-14 11:04|| Front Page Top

#8 Greece leaving the EUro only means speculation about when the Spanish leave will commence. It makes much more sense and would be easier if Germany left the EUro. That would be ripping the Band-Aid off.

Posted by Nimble Spemble 2012-05-14 11:25|| 2012-05-14 11:25|| Front Page Top

#9 More from ZeroHedge if you can take it...

Greece Explained in One Picture

Posted by Ebbang Uluque6305 2012-05-14 11:52|| 2012-05-14 11:52|| Front Page Top

#10 You know how it happened in Germany -- it started with the Jews, then the Communists, then everybody -- it could happen here.

Somehow I just can't picture Greek storm troopers conquering all of Europe.

Posted by Ebbang Uluque6305 2012-05-14 12:04|| 2012-05-14 12:04|| Front Page Top

#11 Greece will run out of money soon

They ran out of money a long time ago that's why they're running out of others peoples money now.

Posted by Procopius2k 2012-05-14 13:17|| 2012-05-14 13:17|| Front Page Top

#12 The German economy needs export markets or else it's SOL. The Greeks can't buy German goods unless they have money.

So the Greeks can't buy German goods if they don't have German money given to them by Germans?

You'd think the Germans would have more sense than to skip gaily down the Ponzi path,

Posted by Gabby Cussworth 2012-05-14 16:00|| 2012-05-14 16:00|| Front Page Top

#13 Its crazy, but I think the US is about to ask for money from the Euro Nation which they got from us, in order to help pay for Afghan.

Posted by swksvolFF 2012-05-14 16:03|| 2012-05-14 16:03|| Front Page Top

#14 Ya' beat me to it, #5 Broadhead.

Posted by Barbara 2012-05-14 18:27|| 2012-05-14 18:27|| Front Page Top

#15 DEFENCE FORUM INDIA > MERKEL TELLS GREECE TO BACK [EU-demanded] SPENDING CUTS, OR FACE
[EuroDollar = EU?]EURO EXIT.

versus

* CHINA DAILY FORUM > [Ex-Minister]CHRYSOHOIDUS: GREECE FACES CIVIL WAR IFF FORCED TO LEAVE EURO.

* SAME > RUSSIA TODAY - "EUROPE ON BRINK OF ARMED-REVOLUTION".

Mama Russia to save US-World + OWG-NWO + JudeoChristianity.

* TOPIX > HOLLANDE FRANCE AGENDA SIMILAR TO "OCCUPY" MOVEMENT, e.g. in USA.

Rise of SARKOLLANDE = US to begin proudly surrender like France???

* DEFENCE FORUM INDIA > WORLD BRACES FOR EURO BREAKUP.

OWG "BIRTH PAINS", but the UNO = future "Star/
Stellar" Space Socialist OWG Hospital has no Demapol, etc. to give to the Babes.

No anti-Pain drugs for the Babes, + no Milyuhns-n-Dilyuhns of Cigarette/Cigar Packs for the nervous Daddy-os to smoke.

[FRANCE-BELOVED JERRY LEWIS = "ROCK-A-BYE-BABY" END SCENE here, where super-nervous, Quintuplet Daddyo Jerry is comically smoking 00-000's of cigarettes at one time in hospital baby ward].

On a separate note, as usual it once again looks like 1960's-1970's Guam Taotamonas were on the money. as per the probs of a new EU that didn't even exist yet back then. THE US IS NOT IMMUNE AS PER OWG NAU.

Posted by JosephMendiola 2012-05-14 22:40|| 2012-05-14 22:40|| Front Page Top

00:08 JosephMendiola
23:50 JosephMendiola
23:43 JosephMendiola
23:30 Aussie Mike
23:21 JosephMendiola
23:20 Zhang Fei
23:12 gorb
23:06 Procopius2k
23:02 tu3031
22:55 canalzone
22:49 JosephMendiola
22:44 Zhang Fei
22:43 Water Modem
22:40 JosephMendiola
22:40 DarthVader
22:21 gromky
22:21 texhooey
21:38 trailing wife
21:38 SteveS
21:06 trailing wife
21:03 Barbara
20:34 European Conservative
20:33 European Conservative
20:21 Barbara