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1 posted on 11/24/2010 9:25:42 PM PST by Nachum
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To: Nachum

Mutually Assured Economic Destruction


2 posted on 11/24/2010 9:29:00 PM PST by Kimberly GG ("Path to Citizenship" Amnesty candidates will NOT get my vote! DeMint, 2012)
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To: Nachum
The euro plunged further into crisis yesterday as investors sold off Spanish, Portuguese and Belgian government bonds in record numbers on renewed fears that those nations would follow Greece and Ireland into the financial emergency ward...

There is so little time.

Here is what they must do.

Go deeper into debt, much deeper, and take the borrowed Euros and buy...

... GM stock.

Simple, n'est ce pas?

.

3 posted on 11/24/2010 9:31:35 PM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: Nachum

The euro is not natural, not properly representative, and has to go.

So much for trying to be the biggest economy on the globe. Counties are not states. I wonder if the N. Americans here are paying attention...probably not.


4 posted on 11/24/2010 9:32:42 PM PST by Blue Collar Christian (A "tea bagger"? Say it to my face. ><BCC>)
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To: Nachum
What were Merckle's comments about this? I, at first, heard that she was for letting the PIGS's bonds go, but later I heard that she was going to work within the Union to solve the bond drops. Any Euro-Freepers got what Germany is going to do?

(Euro-freeper is not an insult in this case. Only a location term. :-)

6 posted on 11/24/2010 11:44:46 PM PST by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: Nachum

Greek bonds approaching all time high of 12%
http://www.bloomberg.com/apps/quote?ticker=GGGB10YR:IND

go Greece !

Ireland bonds approaching 9%
http://www.bloomberg.com/apps/quote?ticker=GIGB10YR:IND


7 posted on 11/25/2010 12:25:33 AM PST by Talf
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To: Nachum

Don’t laugh. We also have a common currency zone that includes California.


9 posted on 11/25/2010 12:35:16 AM PST by ari-freedom (Islam is at war against America, while America is at the mall.)
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