Posted on 05/09/2010 6:51:41 PM PDT by ButThreeLeftsDo
European leaders, pressured by sliding markets and doubts over their ability to act in unison, agreed on Sunday to provide a huge rescue package of nearly one trillion dollars in a sweeping effort to regain lost credibility with investors.
(Excerpt) Read more at nytimes.com ...
Please use the actual headline at all times, in order to avoid duplicates.
I’m so relieved they kept it under a trillion...
The dollar is going up. Oil is coming down.
Man those Euro printing presses better be in good working order
Oh...wow, oh...wow...oh wow.
I remember a day when a trillion was a big number
If one is broke and has no net income, how does borrowing help?
A $Billion is chump change these days.
This is all just another desperate attempt to delay the inevitable. Kick the can down the road for another few months, even a year. We’ve been doing this for decades. But instead of solving the problem, we’ve been upping the ante with new entitlements to ensure the people stay pacified. When this baby blows, its going to make fixing the oil leak in the Gulf look like child’s play.
Globalism, mutually assured economic destruction.
Instead of telling the socialist leeches no, Europe has decided to put their collective heads in the sand. It would appear western civilization has a death wish.
CCCCRRRRAAAASSSSSHHHHHHH
I sure hope the EUSSR taxpayers are happy when their pockets are empty
Now the Euros are copying the Kenyan...rather than the other way around
Worthless paper in exchange of what
Erm, excuse me, but how exactly does throwing a trillion smackers at a bunch of irresponsible kids who blow through money like a bunch of sailors on shore leave “restore confidence”, in either the kids or the idiots giving them the money?
Seriously, is no one else AMAZED at these numbers?
There is no possible way this can go on much longer. It's just a shell game now.
If the problem is you’re trillions in the hole, how does borrowing more help?
When the day of reckoning for this spending finally can’t be kicked down the road anymore, look out.
I didn’t alter the title.
“If the problem is you’re trillions in the hole, how does borrowing more help?”
Dunno.
Ask Obie....
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