Global Financial Crisis (5 Viewers)

Tak!

Senior Member
Jun 23, 2011
3,702
There isn't any use debating anything with you, which is why I rightfully took a harsh approach to your other posts. You are a socialist and that's cool. You don't even understand that every single matter in the US economy is ALREADY conducted through a command and control approach (which you socialists love), which is NOT free market at all. The only delusion is you thinking that the free market is something that can't exist... it's you fucking clowns that don't allow it to happen.

In other words, go fuck yourself.
Thank you for pointing out my point. Free market can't exist, it would be great if it could but it's an utopia. Even the american economists are since ten years back started to realize this and in the research community it has finally been accepted that a free market will never exist. But it takes a long time from transfer this knowledge from the scientist community to the rest of the society. The fundamental principles needed to accomplish free market will never work, just like communism will never work. For the 100th time, I have NEVER said that I approve of command and control. I have said the complete opposite in a numerous of posts now. This is the last time I say it and if you don't get that now then there's some serious trolling going on.

I have some form of love/hate thing going on with america. I like the people but I don't like what the government is doing or has ever done. Although that could be said about a lot of countries of course, Iran, Italy, Iraq, Great Britain, and so on.

Yeah, since I don't approve of the things america has done, because I disagree with you and I feel sorry for the american people I'll go fuck myself. Of course I said something harsch in the end of my last post when you've misread every post I've ever written and then you've gone mad about your assumptions (assumptions that I've never confirmed but done the opposite. I've even said that I agree with you a couple of times but I doubt you even recall that). If I said that my eyes are brownish you get mad at me 'cause my eyes are blue, because you've presumed it and never really read any of my posts. Anyway, yes, since you don't read and have a temper of a 15 year old I'll go fuck myself. Don't see any reason trying to widen the view of someone who has already decided that, as you said:

"There isn't any use debating anything with you, which is why I rightfully took a harsh approach to your other posts."

Implies you decided a long time ago that this guy/girl was a socialist and had to be taken with a harsh approach.

We're getting nowhere, let's agree that you want me to fuck myself and I want you to widen your view. I don't think neither of us is going to do it though.
 
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Dostoevsky

Dostoevsky

Tzu
Administrator
May 27, 2007
88,435
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  • Thread Starter #1,156
    Revive this thread.

    This morning we wake up and the French stock market is in freefall, the DAX looks like someone beat it with a baseball bat, and our DOW futures are down nearly 200 points.
     

    IrishZebra

    Western Imperialist
    Jun 18, 2006
    23,327
    That's because of SocGen et als Greek Debt holdings and the Greek Default that's about 2 years overdue.


    Of course, a Greek Default presents it's own set of legal and practical challenges. I guess the easiest thing to do would be to kick them out of the euro...

    Funny thing is, we'd be talking about Serbian accession right now if it hadn't been for the crisis :/
     
    OP
    Dostoevsky

    Dostoevsky

    Tzu
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    May 27, 2007
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  • Thread Starter #1,158
    Serbia is always in crisis.

    They can't kick Greece out of the euro, it's just a stupid thing to do. The EU needs a better organization and there's a too high focus on Greece at the moment with no need. Their economy is bad but it's nothing to cry about. Seriously, it's all Greece this - Greece that, but the truth is that their debt is like 360 billion euros, which isn't a lot. I'm saying that because that sum can't be compared with Italy or Spain, I mean WTF? There's no need to bash Greece at this point where we see Italy's debt hitting 2 trillion euros very soon. It's them and Spain who are in critical position. Kicking them out of the EU zone is nothing but laughable IMO, especially if they keep Italy and Spain. Not just that, if they do (but they won't) kick Greece, that would mean instant devaluation and hyperinflation.
     

    IrishZebra

    Western Imperialist
    Jun 18, 2006
    23,327
    Serbia is always in crisis.

    They can't kick Greece out of the euro, it's just a stupid thing to do. The EU needs a better organization and there's a too high focus on Greece at the moment with no need. Their economy is bad but it's nothing to cry about. Seriously, it's all Greece this - Greece that, but the truth is that their debt is like 360 billion euros, which isn't a lot. I'm saying that because that sum can't be compared with Italy or Spain, I mean WTF? There's no need to bash Greece at this point where we see Italy's debt hitting 2 trillion euros very soon. It's them and Spain who are in critical position. Kicking them out of the EU zone is nothing but laughable IMO, especially if they keep Italy and Spain. Not just that, if they do (but they won't) kick Greece, that would mean instant devaluation and hyperinflation.
    They're perfect for the EU then :D


    It's % debt and the possibility of growth to pay the interest. You look at Spain and Italy and compared to Greece they actualy have a slim chance to turn it around. The greek economy is built on fraud and high social welfare. It's a disgusting system, people say Greece and Ireland LOL at them, but our debt is only big because our retarded government bailed out the banks, we didn't do anything. Sure we rode on the fat hog but the Greeks take the absolute piss. Our debt should be 70billion, instead it's 114 billion. Spain and Italy are in a different league they fail the whole thing fails, Greece is a skidmark and fuck them, they can devalue themselves into bankruptcy it's 100% there own fault as a society, speculators didn't burst a bubble, their government committed Fraud.

    They want to behave like a Latin American country in the 80s? Fine, they should get ready for an IMF sponsored privatisation rape. Goddamn communists.
     
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    Dostoevsky

    Dostoevsky

    Tzu
    Administrator
    May 27, 2007
    88,435
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  • Thread Starter #1,160
    They're perfect for the EU then :D


    It's % debt and the possibility of growth to pay the interest. You look at Spain and Italy and compared to Greece they actualy have a slim chance to turn it around. The greek economy is built on fraud and high social welfare. It's a disgusting system, people say Greece and Ireland LOL at them, but our debt is only big because our retarded government bailed out the banks, we didn't do anything. Sure we rode on the fat hog but the Greeks take the absolute piss. Our debt should be 70billion, instead it's 114 billion. Spain and Italy are in a different league they fail the whole thing fails, Greece is a skidmark and fuck them, they can devalue themselves into bankruptcy it's 100% there own fault as a society, speculators didn't burst a bubble, their government committed Fraud.

    They want to behave like a Latin American country in the 80s? Fine, they should get ready for an IMF sponsored privatisation rape. Goddamn communists.
    I'm not familiar with Greece system and everything to be honest but I must say it's bullshit to expect Italy to turn the money around and pay the interest now. 1.9 trillion? It's not going to happen and I know what will. They will take new credits and make a fake looking recovery on the picture while it's actually only a bigger debt. They can't be bailed out too, not with that figure that's hitting 2 trillion soon enough.
     

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