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You are here: MacNN Forums > Community > MacNN Lounge > Political/War Lounge > Whose debt problem is worse: EU or US?

Whose debt problem is worse: EU or US? (Page 4)
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turtle777
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May 30, 2012, 05:38 PM
 
Originally Posted by Athens View Post
Now now, when people are ignored its hard for them to ever make up and put aside the differences. I hate the Ignore feature.
Ever the optimist *sigh*

All people I have on ignore have not changed a bit in years.
Example: just look at this lowcheckit idiot.

-t
     
besson3c
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May 30, 2012, 05:47 PM
 
The only changes in here over the years have been my constant evolution and pulling further ahead of you guys in terms of being better than any of you, especially Turtle.
     
turtle777
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May 30, 2012, 05:53 PM
 
Sometimes I think the only reason that I don't put you on ignore is pity.

But then again, it's also fun to point out how lame you can be.

-t
     
besson3c
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May 30, 2012, 10:12 PM
 
Originally Posted by turtle777 View Post
Sometimes I think the only reason that I don't put you on ignore is pity.

But then again, it's also fun to point out how lame you can be.

-t

At least I'm not as lame as your face is.
     
hyteckit
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May 31, 2012, 12:35 AM
 
Originally Posted by turtle777 View Post
Ever the optimist *sigh*

All people I have on ignore have not changed a bit in years.
Example: just look at this lowcheckit idiot.

-t
Look at turtle.

Turtle still acts like a 10 year old boy who keep losing arguments to me, so he starts calling me names and telling others not to play with me.

Some never grow up.
Bush Tax Cuts == Job Killer
June 2001: 132,047,000 employed
June 2003: 129,839,000 employed
2.21 million jobs were LOST after 2 years of Bush Tax Cuts.
     
besson3c
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May 31, 2012, 04:25 PM
 
Originally Posted by besson3c View Post
Thank you, but since you sort of chided me for not showing areas where I'd cut spending, I'd really appreciate it if you would summarize my positions so I can understand why it is that you feel like I'd turn this country into Greece if I were president.

Paging Big Mac....
     
Athens
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May 31, 2012, 04:29 PM
 
Germany has already lost in euro war - Darrell Delamaide's Political Capital - MarketWatch

This article really paints a poor image for Germany. No matter which way the country goes now it does not seem like they can win.

By returning to the bullying ways that pushed it into two destructive wars in the 20th century, Germany will have reminded the rest of Europe of things they don’t like about the country — the self-righteousness, the provincialism, the inflexibility.

By effectively reneging on the German commitment to integrate Europe, Merkel runs the risk of creating a nationalist backlash that could eventually lead to a return of political and military tensions postwar European leaders had hoped to banish forever.

Merkel herself has warned that another half-century of peace in Europe cannot be taken for granted, but her continued intransigence and economic narrow-mindedness may well yank the reins out of her hand and lead to situations she can no longer control.

The time for bold action was months ago and Merkel missed it. She still had a good chance to mark a change of course when newly elected French President François Hollande visited her and sought some flexibility. But she rejected any significant compromise.

Like President Barack Obama, Merkel lacks any training or experience in economics, and like Obama, she has gotten bad advice in dealing with a huge economic crisis. In many ways, her situation is worse, because it is more complex and her advice has been hopelessly inadequate.
Blandine Bureau 1940 - 2011
Missed 2012 by 3 days, RIP Grandma :-(
     
turtle777
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May 31, 2012, 04:56 PM
 
Nah, Germany will be just fine. It needs to grow a pair and tell the rest of Europe to f*ck off.

Sure, Germany won't be loved, but that's ok. I'd rather have money than the love of South-European bums.

-t
     
mduell
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Jun 1, 2012, 11:26 AM
 
When Germany gets out of the cheap currency (either back to the mark or southern-free euros), they're going to have the same problem the Swiss do with foreign exchange rates. The Swiss central bank is bleeding francs trying to hold a EURCHF peg and it keeps getting reset lower and lower. "Expensive" products from Germany aren't going to sell well to southern europe, and to a lesser extent the rest of the world.
     
turtle777
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Jun 1, 2012, 04:03 PM
 
True, but already, Germany is paying Italy, Spain and Greece to buy German products.

They should stop the nonsense, print the money outright and give it to the companies in forms of lower taxes or incentives. Much cleaner.

-t
     
besson3c
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Jun 2, 2012, 03:43 PM
 
I guess we're not going to get anything more from Big Mac here.

That's probably because he's busy eating a lot of applesauce.
     
 
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