Falling Dominos

[B. Kidd]

What happens if the EU cannot afford to bailout Ireland, Portugal, and Greece?

 

[william the wie]

It fall over go bung? Your OP is confusing shouldn't that be an Or rather than an and?

 

[Baruch Menachem]

Add Spain to the list.

I think he meant if one goes, then all will go, and trying to prop up all four is not possible.

 

[Annie]

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

 

[william the wie]

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.

 

[Annie]

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.

Ireland continues to insist they don't want the bailout, that austerity will cut it. Problem is they are too small and they threaten the euro. Germany is having fits, rightly so, as their future rides on these countries remaining solvent.

 

[william the wie]

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.

 

[Annie]

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?

 

[william the wie]

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.

 

[Annie]

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.

Well, bully for you. I was responding from the beginning to the op. In any case, it's been a slice.

 

[B. Kidd]

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'.

 

[loosecannon]

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

 

[B. Kidd]

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?

 

[william the wie]

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.

 

[B. Kidd]

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.