1 posted on
08/02/2011 5:47:46 PM PDT by
NoLibZone
To: NoLibZone
2 posted on
08/02/2011 5:51:45 PM PDT by
ken21
(ruling class dem + rino progressives -- destroying america for 150 years.)
To: NoLibZone
IDK How they will resolve this but the days of the Euro as we have known it, are numbered.
To: NoLibZone
...'cognitive dissonance,'" Minerd said, or "basically doing the same thing thinking they're going to get a different outcome."
Also known as insanity...same song, different verse on this side of the Atlantic.
Unless there is contagion from an EU collapse that then takes the US down, all we've done today is delay our own collapse till maybe 2013-2014, during Dictator Obama's 1st permanent term in the new USSA.
4 posted on
08/02/2011 6:01:51 PM PDT by
CaptSkip
To: NoLibZone
It sounds just like the USA.
5 posted on
08/02/2011 6:08:13 PM PDT by
mylife
(OPINIONS ~ $ 1.00 HALFBAKED ~ 50c)
To: NoLibZone
They just need some advice from The Ben Bernank.
8 posted on
08/02/2011 6:18:13 PM PDT by
Rocky
(REPEAL IT!)
To: NoLibZone
Europe America is a "train wreck" and on the "brink of a major financial crisis," Scott Minerd, CIO of the fixed-income firm Guggenheim Partners, told CNBC Tuesday.
"The way Europe America is operating right now, it's what I called recently 'cognitive dissonance,'" Minerd said, or "basically doing the same thing thinking they're going to get a different outcome."
"They keep throwing more and more liquidity at it thinking it's going to get better and it's not," he added. Europe America fails to recognize that it has a "structural problem, not a liquidity problem."
9 posted on
08/02/2011 6:19:54 PM PDT by
AAABEST
(Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
To: NoLibZone
Europe America is a "train wreck" and on the "brink of a major financial crisis," Scott Minerd, CIO of the fixed-income firm Guggenheim Partners, told CNBC Tuesday.
"The way Europe America is operating right now, it's what I called recently 'cognitive dissonance,'" Minerd said, or "basically doing the same thing thinking they're going to get a different outcome."
"They keep throwing more and more liquidity at it thinking it's going to get better and it's not," he added. Europe America fails to recognize that it has a "structural problem, not a liquidity problem."
10 posted on
08/02/2011 6:20:06 PM PDT by
AAABEST
(Et lux in tenebris lucet: et tenebrae eam non comprehenderunt)
To: NoLibZone
Guggenheim doesn’t exactly have a stellar reputation, value-of-the-trademark aside.
12 posted on
08/02/2011 6:34:24 PM PDT by
_a_0_0_
To: NoLibZone
Fleeing the Euro...
Fleeing the Dollar...
What's left? The Yuan?
or maybe...
BetOnIraq.com
/s
14 posted on
08/02/2011 6:45:55 PM PDT by
ExGeeEye
(Freedom is saying "No!" to the Feds, and getting away with it. "Speak 'NO' to Power!")
To: NoLibZone
Germany was in the tank prior to WWII. Then they came out of it with a dictator. My daddy, when he was alive said “When the economy of the world is in the tank, population is to big, the only answer is war. Never forget that.” Funny that the older I get, the smarter my daddy gets.
19 posted on
08/02/2011 7:39:33 PM PDT by
RC2
To: NoLibZone
The EU might just break up.
20 posted on
08/02/2011 8:05:01 PM PDT by
redgolum
("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)
To: NoLibZone
“The way Europe is operating right now, it's what I called recently ‘cognitive dissonance,’” Minerd said, or “basically doing the same thing thinking they're going to get a different outcome.”
And we're doing exactly the same thing...
While the morons in Washington swear it will be a different outcome... Their lust for power blinds them to reality.
22 posted on
08/03/2011 3:43:38 AM PDT by
DB
To: NoLibZone
Ah hell - just borrow more, spend more, and call it a win.
To: NoLibZone
Socialism 3.0 in the works .
24 posted on
08/03/2011 5:46:23 AM PDT by
lionheart 247365
( -:{ GLENN BECK is 0bama's TRANSPARENCY CZAR }:-)
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