Israeli-Palestinian conflict (14 Viewers)

Is Hamas a Terrorist Organization?

  • Yes

  • No

  • Should there be a Jewish nation SOMEWHERE in the world?

  • Yes

  • No

  • Should Israel be a country located in the region it is right now?

  • Yes

  • No


Results are only viewable after voting.

Bjerknes

"Top Economist"
Mar 16, 2004
111,513
Heres hoping

Unfortunately thats true, they'll probably find their way around their financial problems eventually.
If they continue to use austerity measures and do not allow nations like Greece to default on debt, they are sewing their own demise. Greece should have gotten out of the EU already and repudiated their debt. Instead, the problems are simply getting worse. If one of the larger member nations takes the measures Greece should have, then their union will be toast.
 

Seven

In bocca al lupo, Fabio.
Jun 25, 2003
38,189
Financially, yes. But I can't see them giving in quickly.
If they continue to use austerity measures and do not allow nations like Greece to default on debt, they are sewing their own demise. Greece should have gotten out of the EU already and repudiated their debt. Instead, the problems are simply getting worse. If one of the larger member nations takes the measures Greece should have, then their union will be toast.
Being broke doesn't really matter. We have been broke for ages. Everyone is broke anyway. You're broke too.
 

Seven

In bocca al lupo, Fabio.
Jun 25, 2003
38,189
US debt can't be written of all those numbers.
What Europe brings to the table isn't money, power or guns anyway. We're important because we are deemed important by others. If the EU suddenly decided to go against Israel, the US would have a very hard time disagreeing. When you think about it we hold the key position when it comes to changing public opinion.

But if some people refuse to acknowledge that fact, it's only going to be their loss.
 

Bjerknes

"Top Economist"
Mar 16, 2004
111,513
Being broke doesn't really matter. We have been broke for ages. Everyone is broke anyway. You're broke too.
:lol:

Very simple-minded view, much like those that thought "home prices will always appreciate."

No, Andries. When creditors say "NO MASS" and the cash flow stops, it does matter.

This sort of arrogance shown by Europeans and Americans alike is partly why we both face economic calamity. But you first, Europeans.
 

Seven

In bocca al lupo, Fabio.
Jun 25, 2003
38,189
:lol:

Very simple-minded view, much like those that thought "home prices will always appreciate."

No, Andries. When creditors say "NO MASS" and the cash flow stops, it does matter.

This sort of arrogance shown by Europeans and Americans alike is partly why we both face economic calamity. But you first, Europeans.
Different thing, Andy ;) and there we actually agree.

And we don't face economic calamity in the same fashion the US does. At least not in the Benelux. Greece, Spain, Italy.. that's another story.
 

Bjerknes

"Top Economist"
Mar 16, 2004
111,513
The EU is generally worse off than the US at this point. European banks took on more leverage than US counterparts (hard to imagine), worse debt-to-GDP ratios for several countries, and worse bond market situation for several countries. Not to mention the fact that nations in the Euro have no control over monetary policy, which is why Greece should have left the Euro.

For now, creditors still have more faith in the US and also the US Dollar.
 

Bjerknes

"Top Economist"
Mar 16, 2004
111,513
Also Andy, what's with all the doomsday stuff? Your posts are all so melodramatic lately.

You're not Cassandra, mate.
It's not doom. We have an ugly economic system that needs to have a massive purge. The fact that we don't allow for the purge is what spells doom.

Sorry, I'm not a Keynesian who says "all is well" no matter the state of the economy.
 

JBF

اختك يا زمن
Aug 5, 2006
18,451
What Europe brings to the table isn't money, power or guns anyway. We're important because we are deemed important by others. If the EU suddenly decided to go against Israel, the US would have a very hard time disagreeing. When you think about it we hold the key position when it comes to changing public opinion.

But if some people refuse to acknowledge that fact, it's only going to be their loss.
You know what's your union's problem Andries? You're simply too many to agree on something that isn't in the interest of, well, all. And this emerges when discussing international issues and recently you had your issues even when discussing your own issues.

So no, I don't expect not for another century that the EU would actually benefit or shift sides and be useful to the Palestinian side of the conflict. The U.S have a much better chance to change than your union will ever hope to have.
 

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