B. Kidd
Diamond Member
What happens if the EU cannot afford to bailout Ireland, Portugal, and Greece?
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It fall over go bung? Your OP is confusing shouldn't that be an Or rather than an and?
Not really reread your citations if any one of them goes all of the PIIGS will likely go down along with Japan (likely) and possibly China. The only things that will save the US are the nuclear shield and much better demographics than the rest of the developed and developing world.It fall over go bung? Your OP is confusing shouldn't that be an Or rather than an and?
'and' was correctly used:
Europe stumbles blindly towards its 1931 moment - Telegraph
Merkel Tells Her Party Europe Can't Afford to Let the Euro Fail Over Debt - Bloomberg
Not really reread your citations if any one of them goes all of the PIIGS will likely go down along with Japan (likely) and possibly China. The only things that will save the US are the nuclear shield and much better demographics than the rest of the developed and developing world.It fall over go bung? Your OP is confusing shouldn't that be an Or rather than an and?
'and' was correctly used:
Europe stumbles blindly towards its 1931 moment - Telegraph
Merkel Tells Her Party Europe Can't Afford to Let the Euro Fail Over Debt - Bloomberg
Either all five PIIGS should have been listed or an or should have been used. If one of the euro zone countries goes under then the rest of PIIGS will fall in very short order and up to eight other European but not necessarily EU countries will be pulled under by the undertow.
No nor are they European countries. They are likely to go under too but in the quote I specified PIIGS and up to 8 other European countries.Either all five PIIGS should have been listed or an or should have been used. If one of the euro zone countries goes under then the rest of PIIGS will fall in very short order and up to eight other European but not necessarily EU countries will be pulled under by the undertow.
Japan and China are on the euro?
No nor are they European countries. They are likely to go under too but in the quote I specified PIIGS and up to 8 other European countries.Either all five PIIGS should have been listed or an or should have been used. If one of the euro zone countries goes under then the rest of PIIGS will fall in very short order and up to eight other European but not necessarily EU countries will be pulled under by the undertow.
Japan and China are on the euro?
Thanks all for the responses.
The reason I asked is because Cavuto mentioned yesterday, that if needs be, the EU may not have the money for bailouts. Also, if I remember correctly, the EU has no 'lender of last resort'.
Thanks all for the responses.
The reason I asked is because Cavuto mentioned yesterday, that if needs be, the EU may not have the money for bailouts. Also, if I remember correctly, the EU has no 'lender of last resort'.
The EU has the ECB, which is their equivalent of our Federal Reserve.
ECB: European Central Bank home page
in theory it is.Thanks all for the responses.
The reason I asked is because Cavuto mentioned yesterday, that if needs be, the EU may not have the money for bailouts. Also, if I remember correctly, the EU has no 'lender of last resort'.
The EU has the ECB, which is their equivalent of our Federal Reserve.
ECB: European Central Bank home page
Thanks.
Is it solvent enough?
in theory it is.The EU has the ECB, which is their equivalent of our Federal Reserve.
ECB: European Central Bank home page
Thanks.
Is it solvent enough?