Financial clusterfuck in Europe - Page 50 - MensTennisForums.com

 
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post #736 of 1005 (permalink) Old 02-29-2012, 03:01 PM
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Re: Financial clusterfuck in Europe

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I'm not right-wing.

I guess you're doing it wrong, whatever "it" is.
A reactionary that promotes decentralisation and libertarianism is not right-wing? I've heard everything now.

I'd love to go live in Scandinavia. It's always strange for me when I talk to a Scandinavian that has emigrated; I don't quite get it.
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post #737 of 1005 (permalink) Old 02-29-2012, 04:06 PM
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Re: Financial clusterfuck in Europe

South Africa is better than Scandinavia.
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post #738 of 1005 (permalink) Old 02-29-2012, 05:40 PM
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Re: Financial clusterfuck in Europe

European economy gets huge cash injection
Private banks buy more than $700bn in funds from European Central Bank, helping to keep Italy and Spain from debt trap.

http://www.aljazeera.com/news/europe...394373147.html


ECB starting to accelerate printing.
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post #739 of 1005 (permalink) Old 03-01-2012, 01:50 AM
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Re: Financial clusterfuck in Europe

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We may not be able to beat the banks, but we don't have to play their game. We can take our marbles and go home. The Move Your Money campaign has already prompted more than 600,000 consumers to move their funds out of Wall Street banks into local banks, and there are much larger pools that could be pulled out in the form of state revenues.

States generally deposit their revenues and invest their capital with large Wall Street banks, which use those hefty sums to speculate, invest abroad, and buy up the local banks that service our communities and local economies. The states receive a modest interest, and Wall Street lends the money back at much higher interest.
http://www.atimes.com/atimes/Global_.../NC01Dj02.html

hopefully this signals the rise and rise of the co-op in europe...

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why are you so seriously
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post #740 of 1005 (permalink) Old 03-01-2012, 02:15 PM
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Re: Financial clusterfuck in Europe

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Sweden sounds like a good place for living, nice people, I would have my own röda stugor, go hiking and watching birds each day and then Bergman films in the evenings with my family. I would do it if I didn't have to earn money, pity.



Crisis situations have always been great opportunities for people that handle money flows. The best opportunity there is, in fact. Eventually, in hindsight we will probably look at this thing as a great wealth transfer from some people to some other people. The former will be a clear majority, no doubt, I don't think I said something that most people don't know already. The best thing an average person can do right now is try to protect what they have from vultures, focus on themselves, adopt healthy skepticism and even earn something with some luck.
Absolutely correct analysis. The stock market is the mechanism to do this, inflating peoples accounts in the "good" years (whether this is totally a matter of psychology or reflects real growth is not clear to me), then during these crises a small 0.1% ends up being the receiving party for all the real wealth while the "average" stock owner has his accounts decimated.

Nole fan: "...most Fedtards seem to be very rabid and rude." (I agree 100%)

You can bet Djokovic's mom just screamed "Another king is dead" right about now - in the remotest corner - of her bathroom - followed by "The other one is buried." (from tennisplanet.me, following Madrid 2011 Djokovic d. Nadal 7-5 6-4)
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post #741 of 1005 (permalink) Old 03-03-2012, 10:37 PM Thread Starter
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Re: Financial clusterfuck in Europe

the east is slowly but surely catching up.

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post #742 of 1005 (permalink) Old 03-03-2012, 10:48 PM Thread Starter
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Re: Financial clusterfuck in Europe

some more chart porn, a bit off topic. poison for right-wingers.


Last edited by Stensland; 03-03-2012 at 11:01 PM. Reason: thumbnail
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post #743 of 1005 (permalink) Old 03-07-2012, 01:18 PM Thread Starter
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Re: Financial clusterfuck in Europe

http://www.spiegel.de/international/...818966,00.html

Quote:
The Hundred-Billion-Euro Bomb: Euro-Zone Central Bank System Massively Imbalanced
i'm sticking to what i said earlier: while europe is fucked in many ways, germany is truly fucked royally, no matter what the outcome of this glorious mess will look like.



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post #744 of 1005 (permalink) Old 03-07-2012, 01:21 PM
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Re: Financial clusterfuck in Europe

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South Africa is better than Scandinavia.


they have a better weather and some cool animals... thats about it, though....

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post #745 of 1005 (permalink) Old 03-09-2012, 05:57 PM Thread Starter
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Re: Financial clusterfuck in Europe

european sovereign ratings, as of march 9. funny how they put a "stable" on greece being in default.

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post #746 of 1005 (permalink) Old 03-09-2012, 07:27 PM
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Re: Financial clusterfuck in Europe

Apart from the horrendous suit, this could be me. He says it all.

I especially loved it when the Socialist replied.

http://sorisomail.com/email/238743/o...populacao.html

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post #747 of 1005 (permalink) Old 03-09-2012, 07:34 PM
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Re: Financial clusterfuck in Europe

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Originally Posted by Rrrainer View Post
european sovereign ratings, as of march 9. funny how they put a "stable" on greece being in default.
Haha, it is stable because it has reached rock bottom and shows no signs of moving.

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post #748 of 1005 (permalink) Old 03-09-2012, 08:40 PM Thread Starter
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Re: Financial clusterfuck in Europe

so in 2008, back when lehman went bust, you would have wanted the governments to stand idly by?

just imagine for one second what the world would look like today. imagine the scope of the crisis IF politicians across the board hadn't swooped in and at the very least averted a meltdown of epic proportions. we're in crisis mode alright, but chances were we could've headed straight into the 18th century (with the us and the uk leading the pack), with nations collapsing left and right and poverty rates skyrocketing.

yes, governments spent to much. but someone had to bail out the world. it's the banks that virtually sunk the balance sheets in the first place.

btw i know what that "stable" meant. still kinda funny to me.

"our current judgement says: you suck. our outlooks says: you will still suck in the future."
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post #749 of 1005 (permalink) Old 03-09-2012, 10:26 PM
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Re: Financial clusterfuck in Europe

But why would poverty rates skyrocket? Nobody actually was going to destroy anything. A house that was standing one day would be standing the next. A field of corn would still be there in the morning. The physical world would remain the same. No more food or no less food, in reality.

What you seem to be saying is that if poverty is avoided on paper, then poverty is avoided. Even if the paper is fake. Just let's maintain the illusion and all will be well for now. The future will look after itself.

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post #750 of 1005 (permalink) Old 03-09-2012, 10:54 PM Thread Starter
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Re: Financial clusterfuck in Europe

you really mean that? banks runs all over the place yet no ramifications for the "real world"? failed states within the first world yet nobody actually suffering? poverty on paper back in late 2008 would've lead to worldwide starvation in early 2009.

the whole system would have defaulted, the end of the world as we knew it. the first things being wiped out would've been pensions btw, affecting buddyholly personally.
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