Comments on: Solving Europe doesn’t avoid recession http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/ Tue, 24 Mar 2015 16:54:45 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: NukerDoggie http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-945 Wed, 28 Sep 2011 14:57:15 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-945 The EU isn’t going to leverage anything – Germany is not on board with Timmy-the-Greek Geitner’s “leveraged vehicle” contraption. This morning, Germany’s finance minister called it a “stupid idea” and told the U.S. to butt out of European affairs.

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By: matthewslyman http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-944 Wed, 28 Sep 2011 10:58:38 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-944 A good mix of real-world data and honest analysis. Thank you.

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By: Laster http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-943 Wed, 28 Sep 2011 03:12:42 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-943 I think the important thing here is the EU will leverage this intractable fiasco. Thanks Tim.

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By: FBreughel1 http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-942 Tue, 27 Sep 2011 20:23:43 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-942 Oh, that’s funny: I thought the EU has the lowest deficit AND the lowest debt when compared to UK, US and Japan. Must be my mistake.

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By: NukerDoggie http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-940 Tue, 27 Sep 2011 18:02:39 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-940 Hey Mac – I enclosed double-dip in quotes, sarcastically. It IS going to be Great Depression II, by all the signs. And also because the governments can’t spend to keep it from happening, as they did in 2008. If they try, they’ll only plunge the entire order into even deeper chaos.

The already-evident rips in the social fabric and resulting civil disorder and even chaos resulting from Great Depression II will give us a pretty rough ride here in the U.S. and across Europe. Get ready for it.

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By: NukerDoggie http://blogs.reuters.com/james-saft/2011/09/27/solving-europe-doesnt-avoid-recession/comment-page-1/#comment-938 Tue, 27 Sep 2011 15:02:54 +0000 http://blogs.reuters.com/james-saft/?p=592#comment-938 Very true – the U.S. is rushing headlong into the feared “double-dip”. Actually, if it ever truly exited the previous recession it only did so very briefly, meagerly and completely artificially.

However, Europe’s crisis is NOT going to be solved anyway – look at the headlines this morning with regard to Germany’s chaotic state due to the proposed leveraged vehicle solution that is lifting the (clueless) markets. This latest proposal, a joint U.S.-E.U. trial balloon, is going to be stillborn.

This global crisis has legs!

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