Once again austerity fails

[syrenn]

hey snail trail

Hey 4 red splats.

 

[Harry Dresden]

Reading this thread reminds me of how truely stupid left wingers are. Blaming austerity for the contraction is like shooting yourself in the foot, and then blaming the stitches for the scar.

You guys are too stupid to be voting in my country.

what a great commitment to democracy.


You are too dishonest to vote intelligently

and your too dishonest to answer a question honestly.....

why do you hate honesty?.....

 

[syrenn]

Reading this thread reminds me of how truely stupid left wingers are. Blaming austerity for the contraction is like shooting yourself in the foot, and then blaming the stitches for the scar.

You guys are too stupid to be voting in my country.

what a great commitment to democracy.


You are too dishonest to vote intelligently

and your too dishonest to answer a question honestly.....

why do you hate honesty?.....

she just hates. ..... simple as that.

 

[Harry Dresden]

fuck you.

prove austerity works

hey who said this dipshit?.....

oh personal attacks in the face of facts you can not overcome.

gee so suprising

its her whole game. Its all shes got.

and she wont respond honestly to a question.....and she is full of shit....

 

[syrenn]

hey who said this dipshit?.....

oh personal attacks in the face of facts you can not overcome.

gee so suprising

its her whole game. Its all shes got.

and she wont respond honestly to a question.....and she is full of shit....

I have as yet to see her answer any question from anyone... unless she is answering ..... .....herself.

And even then she calls herself a liar.

 

[Harry Dresden]

why you guys lying about what Italy did?


because lies are all you have

why do you like lying?.....why do you like spreading shit around?....

 

[syrenn]

why you guys lying about what Italy did?


because lies are all you have

why do you like lying?.....why do you like spreading shit around?....

why do you think i call her..... liesmatters?

 

[Harry Dresden]

They cut spending.

they evern raised some taxes.

You fools want to cut spending and cut taxes too.


That means shrinking economy and less money to pay the bills.

your double stupid

your triple stupid.....

 

[Avatar4321]

why do you continue to follow failed ideas?

Don't worry about us. We've never followed the ideas you espouse.

 

[Colin]

why you guys lying about what Italy did?


because lies are all you have

Your problem is that you read a report about Italy's debt and then parrot your views without any understanding whatsoever of why and how Italy got into this predicament. Some facts for you:

Italy is in trouble now because its economy is so weak Nothing new there. Average annual growth has been stagnating at 0.75% for the past fifteen or sixteen years. With a current national debt of 1.9 trillion Euros, a staggering 119% of GDP, that is way below the interest rate of around 7% they now have to pay on borrowing. To put that into context Germany pays an interest rate of 1.9%

Also, as in Greece and Spain, wage levels have increased at such a rate as to make them uncompetitive with their eurozone counterparts in northern Europe. Whilst this remains the case, their economy will weaken even more.

No wonder the markets have lost confidence in Italy's economic prospects. Their debt is looking more and more unsustainable. Who wants to lend to a country who may not be able to repay its debts!


So, since you position yourself as some sort of expert on the subject perhaps you would like to tell us what the Italian government should do, given this scenario. I won't hold my breath though.

 

[California Girl]

Who are you talking to?

Herself, no one else pays her any attention anymore. She's beyond help. Obama himself cannot save the stupid.

 

[California Girl]

why you guys lying about what Italy did?


because lies are all you have

Your problem is that you read a report about Italy's debt and then parrot your views without any understanding whatsoever of why and how Italy got into this predicament. Some facts for you:

Italy is in trouble now because its economy is so weak Nothing new there. Average annual growth has been stagnating at 0.75% for the past fifteen or sixteen years. With a current national debt of 1.9 trillion Euros, a staggering 119% of GDP, that is way below the interest rate of around 7% they now have to pay on borrowing. To put that into context Germany pays an interest rate of 1.9%

Also, as in Greece and Spain, wage levels have increased at such a rate as to make them uncompetitive with their eurozone counterparts in northern Europe. Whilst this remains the case, their economy will weaken even more.

No wonder the markets have lost confidence in Italy's economic prospects. Their debt is looking more and more unsustainable. Who wants to lend to a country who may not be able to repay its debts!


So, since you position yourself as some sort of expert on the subject perhaps you would like to tell us what the Italian government should do, given this scenario. I won't hold my breath though.

It's really kind of you to try and explain it to TruthMocker, Col, but she is so far up Obama's ass that she lost that slight grasp on reality that she once may have had.

 

[TakeAStepBack]

Who are you talking to?

Herself, no one else pays her any attention anymore. She's beyond help. Obama himself cannot save the stupid.

You can't fix stupid.

 

[Truthmatters]

dear idiots,

the austerity they have employed to FIX the problem is not working.

why are you pretending this is about how they got into the mess?

Austerity is tanking their economy

 

[Truthmatters]

BBC News - Stock markets gain after Italy austerity vote


11 November 2011 Last updated at 16:37 ET Share this pageEmail Print Share this page

ShareFacebookTwitter.Stock markets gain after Italy austerity vote
DataLast Updated at 15:51 ET


Stock markets have risen after Italy's senate voted to adopt a package of austerity measures

 

[Truthmatters]

its has not worked has it

 

[Avatar4321]

dear idiots,

the austerity they have employed to FIX the problem is not working.

why are you pretending this is about how they got into the mess?

Austerity is tanking their economy

They arent actually cutting spending. They arent allowing the people to keep more of their money. They are taking more and borrowing as always.

Of course that isnt going to work. It's insane to think you can borrow and borrow and destroy the economy and that somehow its all going to be magically good.

 

[PredFan]

Blaming their problem on austerity is like shooting yourself in the foot, and then blaming the stitches for the scar.

But you probably aren't smart enough to understand that analogy.

 

[Truthmatters]

I know I know you will just lie some more and call me a few more names.

Its what fucking brain washed idiots do

 

[Truthmatters]

They called it austerity.

they did cut you lying sacks of shit.