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| Europe |
| EU rescue costs start to threaten Germany itself |
| 2010-11-27 |
| The escalating debt crisis on the eurozone periphery is starting to contaminate the creditworthiness of Germany and the core states of monetary union. |
| Posted by:tipper |
| #8 I hope Junk get elephantitus of the testes and Doctors refuse to treat him for the common good of him and the parasite. |
| Posted by: Bright Pebbles 2010-11-27 22:59 |
| #7 "I am worried that Germany's authorities are slowly losing sight of the European common good," said Jean-Claude Juncker, chair of Eurogroup finance ministers. That happens when you are asked to constantly tighten your belt so that other people can eat out every night. |
| Posted by: Secret Master 2010-11-27 19:12 |
| #6 ...unless the UN has started to charter commercial banks and financial institutions, the money went to those chartered and run within national boundaries under national laws and regulations. |
| Posted by: Procopius2k 2010-11-27 15:52 |
| #5 It's funny you still think in nationalistic ways. The money wasn't funnelled to bail out French/German Banks it was funnelled to a trans-national rent-seeking elite with no loyalty to a particular country that owned the underlying bonds. Know your enemy. |
| Posted by: Bright Pebbles 2010-11-27 11:03 |
| #4 I wonder who they think is going to bail them out. Like California, they think the Beltway will. They did in 2008 when they 'honored' paper that was not suppose to be backed by federal guarantees resulting in shipping tens of billions of dollars in TARP payments to German, French, etc banks and investment houses. |
| Posted by: Procopius2k 2010-11-27 09:40 |
| #3 It's by Ambrose Evans-Pritchard, so you need the large pile of salt logo.... |
| Posted by: Bright Pebbles 2010-11-27 06:17 |
| #2 I wonder who they think is going to bail them out. |
| Posted by: gorb 2010-11-27 03:50 |
| #1 As long as Euros have money to spend on Paleos, they're not in trouble deep enough for me. |
| Posted by: g(r)omgoru 2010-11-27 02:52 |