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How do the Spaniards and the Germans see the future of the eurozone? Will Greece become Europe’s Lehman Brothers? And how viable is the idea of creating a banking union? CrossTalking with Rodney Shakespeare, Stephen Foley and Joost Van Iersel.
Colonial without colony is like parasite without host, it's not gonna survive.
Europe may well need to eventually find a new strategy to cope with a dysfunctional European monetary club however as the French finance minister stated we dont need lectures from America....where the financial crisis originated. America has printed seven trillion dollars and still the Euro afloat at 1,24 USD. America has a national debt of 16 trillion dollars and the REPUBLICANS blame China for that joyride. Obama saved Detroit (Government Motors) and at the time was labelled a European socialist...to insult someone in America call them a "European". Americans need to find any excuse for their predicament...but the fault lies on Wall Street home of financial wizardy...its also called great expectations that we exist on this planet to consume on credit forever and forever; on Chinese credit.
From these three gentlemen, only Rodney Shakespeare understands what is going on in Europe crisis...; Stephen Foley and Joost Van Iersel do not know what they are talking about!—Recapit alizing the present private banking systems is the same as pouring our money into the pockets of the thieves.—The solution starts by taking the financial control away from the private banking systems and giving it back to the state banking systems of each country!Now, the first question is: "...how to get out of the EURO Zone?"— ... I am wondering if Mrs. Merkel has already done "her accounting" and if she has already written her "money checks" to hand out to Ireland, Greece, Portugal and Spain...in case they get out of the Euro...Sorry, but this is the sad!
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China's new march
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