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Just when you thought it was safe to go back to Europe: get ready for Euro Crisis 2 - Merkozy Boogaloo
(
reuters.com
)
5
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Scary
,
Europe
,
Mario Draghi
,
Sarkozy
,
Jean-Claude Trichet
,
Christine Lagarde
,
EU summit
,
euro zone
,
euros
• • •
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09 Jan 2012
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Yomoxu
2012-01-09 11:15:09 AM
Not surprising to anyone who has been paying attention, but worrisome all the same.
xtragrind
2012-01-09 12:55:18 PM
Wonder who is making money off the bi-weekly "Euro scare" now? I'm guessing we'll see this in the news whenever someone needs a little extra coke money...
sophus_tree
2012-01-09 06:41:31 PM
Serious Question: If the Eurozone breaks up, would it generally become MORE or LESS expensive for North Americans to vacation there?
I am guessing that it will probably vary by country (e.g., Germany vs. Greece), but I am wondering if anyone better educated than me on the European economy would be willing to make a general prediction for the overall zone . . .
/Need to fix the e-com-uny
//. . . and the trash avalanches
dfwaviator
2012-01-09 07:04:08 PM
xtragrind
:
Wonder who is making money off the bi-weekly "Euro scare" now? I'm guessing we'll see this in the news whenever someone needs a little extra coke money...
Define money.
John Henry Eden
2012-01-10 03:43:28 AM
sophus_tree
:
Serious Question: If the Eurozone breaks up, would it generally become MORE or LESS expensive for North Americans to vacation there?
I am guessing that it will probably vary by country (e.g., Germany vs. Greece),
Pretty much. I would be living like a king in Italy and a prince in Spain, when a dollar is worth X thousands of New Lira (+5% a week hyperinflation) and I can buy up houses in Tuscany with my car-wash tokens and have a gaggle of those sassy, passion filled, big bosomed Italian women to sit on my face like my name is Berlusconi.
Meanwhile Germany's recession would worsen and possibly turn into a full blown depression as no one else in Europe could afford their wonderful luxury goods anymore. Hopefully some charismatic one-balled ex-painter wearing snazzy outfits doesn't grab the opportunity to give a lot of speeches and rile up the Teutons into a third great migration.
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