I doubt anyone has said Europe has a singular problem, in fact the entire mess is riddled with problems. And, as usual, they blame their problems on the Americans.
I doubt anyone has said Europe has a singular problem, in fact the entire mess is riddled with problems.
And, as usual, they blame their problems on the Americans.
It is constantly said on these boards including from you... aka the "European problem".. as in singular problem.
Then you should have no problem using my quote. If I ever used the singular then it was in error.
And as usual you and you bed fellows ignore the fact that the crisis was created and started by the American's and the European problems are often directly related to this crisis.
Yes, yes, I know. The problems begin with the Americans. It has been that way for well over a century now. Meanwhile other areas of the world are doing quite well. Do the Americans get credit for that? Europe, by now, should be able to chart their own destiny but are still relaint onm the Americans. What a pitiful lot.
Greece would never have gotten so bad if it was not for American banks colluding with the former Greek conservative government to hide billions of dollars of loans from everyone. It would never have gotten so bad if those very same banks after giving the loans, not only took out CDO on said loans but then started a whisper campaign against Greece and have ever since attempted to push Greece of the ledge. Had the whole situation been transparent (dunno if you understand that word), then the "Greek problem" would have been discovered long ago and been fixed by now. Yes the Greeks are responsible for their situation but they had help and those that helped them are just as responsible for the problems.
Right. The Americans are responsible for Greece. Got it.
Spain would never have gotten into problems if it was not for cheap credit, which was result of American lead world financial policy. Yes the politicians actively promoted the building and when they realized there was a bubble they did not do anything about it, but there would be no building if it was not for the cheap loans. Yes the Euro had a large part in the problem as well, but it was not singular in creating the problem and American interest rates had their part. Without low interest rates in the US, then there would be no ultra low interest rates in Europe.
Right. The Americans are responsible for Spain. Check.
And in the end, the problems of Europe would never have hit if it was not for the credit crunch which happened because of American banks and their idiotic 10 year greed feast.
Yes, yes, of course. It's those darned Americans again!
While far from all the problems are American related, the root cause of the problems often are, and Americans are still in denial that their financial miss-management over the last 10 to 20 years is the root cause of the financial troubles the planet is in now. Instead they actually blame Europeans and anyone else for their own troubles, which is rich to say the least.
Right! Americans are the responsible for the ills of the planet. I think we know the drill by now.
Hmmm. PeteEU??Who blamed their problems on the Americans?
Yes, yes, I know. The problems begin with the Americans. It has been that way for well over a century now. Meanwhile other areas of the world are doing quite well. Do the Americans get credit for that? Europe, by now, should be able to chart their own destiny but are still relaint onm the Americans. What a pitiful lot.
Seriously do you even understand how the world works... if America sneezes the rest of the planet get a cold. If America farts the rest of the world gets diarrea. It has been like that since WW2 and this economic crisis is no different. How about just admitting that the world financial crisis that started in 2007-8 was started and driven by the failing of American banks?
Right. The Americans are responsible for Greece. Got it.
Solely no, partly yes. How about you just admit that helping a drug addict not only conceal his addiction but also provide the drugs is colluding with his or her crimes?
Right. The Americans are responsible for Spain. Check.
Solely no and stop being so pigheaded. American's started the credit crisis and promoted the cheap credit that fueled that Spanish building boom. Should the Spanish politicians have stopped it before it became such a big problem, yes, but they were only following the great American dream not to mention free market principles... look where that got them.
Yes, yes, of course. It's those darned Americans again!
So are you denying that the credit crunch was not started by American banks collapsing?
Right! Americans are the responsible for the ills of the planet. I think we know the drill by now.
No, but they are responsible for some and it is time you admit that. Your blind faith and defense of American economic policy the last 30+ years is pathetic, when any person with even minor economic education can see the reality of the situation.
The US may not be the sole country responsible for the crisis in Europe or even the major part of the responsbility, but it is surely at least partly responsible and as long as people like you cant even admit that, then we will continue this "us vs them" fight over and over again. I and most Europeans are fully aware of our own self made problems, but we are also aware that some of those problems would not have happened if we had not followed the American lead economic theories of lazzie-faire economic policies.
Hmmm. PeteEU??
I did not, I gave America part blame.. big difference. Ignoring the facts and the obvious seems to be your motus operandi.
And as usual you and you bed fellows ignore the fact that the crisis was created and started by the American's
Not so.
Here is what you actually said.
I can understand why you don't bother reading your posts. I find them tiresome as well.
Yes and that is a FACT. The current credit crunch and financial crises was created and started in the US.. how on earth can you even try to deny that. Lehman Brothers was the final trigger for the crisis in the US mortgage market and that effected the whole world, pushing European countries to and over a brink that they would not have to deal with so suddenly if it was not for the American sub-prime mortgage market collapse. And the US sup-prime mortgage crisis was created by right wing ideologies that promote deregulation and lazzie faire control of the markets, and very low interest rates... and utter greed.
I did not, I gave America part blame.
In fact many countries stayed away from the mortgage market
but European banks bought into them because of the changing demographics banks had to put there money elsewhere.
Countries such as Canada, Brazil, Australia, among many others, were not effected by Lehman Brothers etc.
The problems in the United States and Europe are due to their own mismanagement and irresponsibility.
They took, and are taking, the easy road and passing their incompetence and cowardice on to the next generation.
Hey, I'm not the one arguing that Europe's problems are the same everywhere like you are. Spain's issues are vastly different from Greece's or Ireland's. Only a fool argues that Europe has a singular problem.
Genius... did you read about why Catalonia wanted to create their own nation?
ROTFLOL...Genius, do you have any understanding of Spain?
Checkmate.Oooo... this could be interesting.Anger over "unfair" tax demands from Madrid have fueled separatist sentiment in the industrious and economically important region, as Spain suffers deep economic crisis and unpopular austerity measures.
Many voters believe the region, which boasts a strong cultural identity and its own language and contributes 20 per cent of Spain's economic output, would fare better economically as an individual state within the European Union.
Catalonia vote: Early exit polls show region may be on road to independence - Telegraph
I could see north Italy (Sud Tirol) trying the same. Belgium has its French/Flemish problems... All due to one successful segment of the population tired of others thieving their wealth.
Hmmm sounds like Obama and the Libs Parasite Nation.
Yes and that is a FACT. The current credit crunch and financial crises was created and started in the US.. how on earth can you even try to deny that. Lehman Brothers was the final trigger for the crisis in the US mortgage market and that effected the whole world, pushing European countries to and over a brink that they would not have to deal with so suddenly if it was not for the American sub-prime mortgage market collapse. And the US sup-prime mortgage crisis was created by right wing ideologies that promote deregulation and lazzie faire control of the markets, and very low interest rates... and utter greed.
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