Spain cut it’s labor costs by shippng it’s labor to Germany; their government is actively urging them to go, and Germany is willing to take them as long as they have a skill and speak German.
Lighten up, we’re only driving over a cliff, no worries.
So what if its a thousand foot dive into a foot of water, lighten up dude.
That’s right — let’s just all spend more and have a great party! Surely that is the way out of the crisis!
Hey, the Mafia wants that money you owe them.
— Nah, I just bet it all on a horse, it’s 15-1 but its a sure thing.
You are nuts, you are seriously going to die.
— Lighten up, what’s the worst that could happen?
That's just pathetic.
The bitter truth is that deficit spending squanders capital, results in unsustainable debt and leads to poverty. Bankruptcy is more than an abstraction or some benign “chapter nine” experience. Financial gimmicks can never restore prosperity. If austerity is rejected by the Greeks, Italians, Spaniards and French, their ability to import the fuel, food, manufactured and electronic goods that make modern living possible will be severely limited. Things will get ugly. The Germans would be wise not to fund more futile bailouts but to get their non essential personnel out of those countries.
LOL!
Germany is the problem? LOL!
The article contains a link to a celebrated buffoon-
Eugene Robinson
Opinion Writer
Austerity as a bridge to nowhere
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The Takers and the MSM are attempting to again change the connotation of words.
Gov’t participation = Economic growth
Homosexual = gay (AIDS & anal condylomata be damned)
Lighten Up, Francois.
The Worlds Biggest Debtor Nations
Northern Europe is a zombie (Sweden, Netherlands, Finland). Germany is at 184% of GDP, the UK @ 451%, and Ireland, the former darling of the PIGS, is at 1,240% of their GDP!!! YIKES!!!
It's ugly and will only get worse, even with a regime change because the host is D...E...A..D...
Huh...??? They top 200% + of their GDP in spending, and SPENDING CONTINUES TO GO UP".
But we don't need no skinkin' facts...
Now that Obama, with the support of the NY Times and the Washington Post, has saved the American economy by printing Monopoly money for 3 1/2 years the Post feels that the most successful economy in Europe should follow us down the drain.
1. More debt is not an “investment” and does not lead to growth.
2. The government is the worst imaginable “investor” and should leave such things to the business world.
FYI you socialist euro worshipers of the Compost, the EU and Euro is on life support. Prognosis - Fatal. 5-6 months to live. Don't believe me, fine. Search YouTube for Nigel Farage from the UK. He'll tel you the same thinks, jerkweeds.
In their demand for growth, however, the critics fail to explain how to fund it.Since when does growth have to be “funded?” Obama’s stimulus program sure involved a lot of funds, but where is the growth? This article was obviously written by a Keynesian lunatic.