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The Crisis In Spain


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#21 DJ Vu

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Posted 27 April 2012 - 12:51 PM

View Postphlegm, on Friday, April 27th, 2012, 1:42 PM, said:

Why? Are IPADS noted for being misleading?
It was an inside joke. A very funny one, but a little too inside for Bob to be making it. I'm watching you!

#22 ShakeZuma

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Posted 27 April 2012 - 01:33 PM

ahhh! TWO creeps!

View PostAmScray, on 30 August 2010 - 12:41 PM, said:

one cannot possibly ascribe themselves to the larger (D) philosophy without first being a poon

#23 FCP Bob

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Posted 28 April 2012 - 01:00 PM

This Is a European Depression

Quote

There is no getting around it: this is a depression in Europe. In just the last few days, the governments of the Netherlands and Romania have collapsed, and real contraction has returned to the United Kingdom and Spain. I think it's really important that we use that word, too, depression. Anything else doesn't convey the severity of the economic circumstances in Europe's periphery, as I will show in the series of graphs which follow. The word recession exculpates. Only when we begin to call this crisis what it is will it get the sort of attention and resolution it requires. Point #1. This is a depression in our lifetimes. The collapse of industrial production in Greece, Spain, and Italy since 2008 competes with the industrial collapse in the United States after 1929.ARTICLE CONTINUED AT LINK ABOVE

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#24 brvheart

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Posted 28 April 2012 - 06:52 PM

View PostFCP Bob, on Saturday, April 28th, 2012, 4:00 PM, said:

A high school kid wrote that article. I'm not saying he's wrong or that it matters.

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#25 FCP Bob

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Posted 28 April 2012 - 07:20 PM

View Postbrvheart, on Saturday, April 28th, 2012, 10:52 PM, said:

A high school kid wrote that article. I'm not saying he's wrong or that it matters.
I know, that's pretty impressive.Austan Goolsbee who is the former Chairman of the President's Council of Economic Advisors linked to the article on Twitter
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#26 FCP Bob

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Posted 29 April 2012 - 02:28 PM

Growth not austerity is best remedy for Europe
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#27 AmScray

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Posted 29 April 2012 - 03:34 PM

View PostFCP Bob, on Sunday, April 29th, 2012, 3:28 PM, said:

Study finds best way to handle chemo sickness: no cancer.
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#28 brvheart

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Posted 29 April 2012 - 04:40 PM

View PostAmScray, on Sunday, April 29th, 2012, 6:34 PM, said:

Study finds best way to handle chemo sickness: no cancer.
haha

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#29 phlegm

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Posted 29 April 2012 - 07:25 PM

View PostFCP Bob, on Sunday, April 29th, 2012, 3:28 PM, said:

Its time to abandon the banks and return to a more centralized bartering system.Litle house on the prairie is a blueprint for a better life.
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#30 Balloon guy

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Posted 30 April 2012 - 12:55 PM

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At the invitation of the New York Federal Reserve Bank, I spoke and had lunch in the bank's Liberty Room. Below are my prepared remarks.Thank you very much for inviting me to speak here at the New York Federal Reserve Bank.Intellectual discourse is, of course, extraordinarily valuable in reaching truth. In this sense, I welcome the opportunity to discuss my views on the economy and monetary policy and how they may differ with those of you here at the Fed.That said, I suspect my views are so different from those of you here today that my comments will be a complete failure in convincing you to do what I believe should be done, which is to close down the entire Federal Reserve System
Robert Wenzel of Economic Policy Journal
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#31 SAM_Hard8

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Posted 15 May 2012 - 01:06 PM

Greece fails to form unity governmentOK so what does this mean for the euro and the banks?
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#32 QED

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Posted 15 May 2012 - 02:19 PM

It pretty much means that when the Greeks do actually get round to forming a government they are leaving the euro.

#33 mrdannyg

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Posted 15 May 2012 - 08:43 PM

Yep. They'll have another election in June. If that doesn't get them closer to forming a government, I don't know what their contingencies are. But it seems very unlikely they'll stay within the Euro. The effect of that on anyone who isn't Greek is minimal since the debt is already kaput.
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#34 FCP Bob

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Posted 16 May 2012 - 01:51 AM

And it's going to get worse.Posted Image
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#35 brvheart

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Posted 16 May 2012 - 08:06 AM

View PostFCP Bob, on 16 May 2012 - 01:51 AM, said:

And it's going to get worse.
Agreed.

View PostiZuma, on 20 August 2012 - 11:32 AM, said:

napa I was jesus christing suited, you guys just slipped in before me.

View PostEssay21, on 25 February 2013 - 08:32 PM, said:

.

#36 FCP Bob

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Posted 18 May 2012 - 08:47 AM

Europe’s Depressing Prospects: Two Reasons Why Spain Will Leave the Euro
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#37 Mercury69

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Posted 18 May 2012 - 09:15 AM

Time was when Europe's economy was on the downswing, they used to jumpstart it by hosting a World War. Old school wars don't happen any more, which is a shame. I blame nuclear armaments.
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#38 FCP Bob

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Posted 26 May 2012 - 09:50 AM

Spain's Banks Are Collapsinghttp://www.slate.com...collapsing.html
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#39 FCP Bob

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Posted 27 May 2012 - 02:59 AM


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#40 aucu

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Posted 27 May 2012 - 06:10 AM

The Euro will die or at least not continue in the same form due to a variety of government/private/union mistakes,People will/are flocking to the US$US is making the same government/private/union mistakes.Rinse and repeat?
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