• Hollande says Eurozone crisis is over
    40 replies, posted
He has not done enough in terms of Socialist policy because of massive debt, and he has not done enough to prove to the market that he is not as much a threat to them as Mitterrand was with his terrible 35 hour policy. Hollande is looking bad to everyone.
[QUOTE=deltasquid;40971298]I can guarantee with 99,9% certainty the inflation will be neglegible. [editline]10th June 2013[/editline] He is in name only[/QUOTE] So he used it right. Awesome.
[QUOTE=Sobotnik;40971191] well, maybe not if you don't have your own currency if Spain had their own currency, they could probably get out of their debt problem more easily yes, that's mostly because of austerity at the moment (a policy which (supposedly) causes unemployment to skyrocket and the economy to contract in the short term, before recovery can take place) [/QUOTE] I agree that Spain should dump the Euro as should Greece, Portugal and Italy. I don't agree with the idea that cuts have caused mass unemployment as jobs were falling away before the cuts came in. No to a 2 tier Europe on the same currency and yes to cuts. The books must balance.
[QUOTE=Bomimo;40971227]Can't tell if you're using phrase right or wrong. Do you mean he is a socialist or that he isn't? God damn the uneducated peoples rape of language.[/QUOTE] Calm your tits English isn't my native language. Anyhow, I meant he's not a socialist. He claims to be one but isn't.
[QUOTE=bubbagamer;40971753]Calm your tits English isn't my native language. Anyhow, I meant he's not a socialist. He claims to be one but isn't.[/QUOTE] You used it right. I wasn't bashing you. I was genuinely unsure if you know what you were saying meant. So many don't. It's worse than "then vs than" and "you're vs your".
[QUOTE=bubbagamer;40971753]Calm your tits English isn't my native language. Anyhow, I meant he's not a socialist. He claims to be one but isn't.[/QUOTE] There can only be good socialists, and any bad socialist is actually a crypto-capitalist. [editline]11th June 2013[/editline] [QUOTE=Sobotnik;40971191]no, they weren't, the role of market failure in the recent financial crisis is underestimated and yet it is also believed that we can somehow commit to a policy of no future bailouts. promoting that will make future bailouts more likely[/QUOTE] I don't understand. If institutions have the certainty that they will be bailed out if they fail, doesn't that encourage risky behaviour on their part?
You can't declare it over when everything is falling to Shit. Greece doesn't even need to be mentioned. There is high unemployment, crippled governments that can't provide basic services and political instability.
u spelt holland wrong
Meanwhile Spain is 25% unemployed, the UK is holding a referendum on membership next year, Prague is to be renamed 'Atlantis' and there are major riots and protests in Turkey That sounds like a crisis to me, Mr. Hollande albeit cultural or political it will have an effect on Europe's economy.
[QUOTE=Midas22;40982761]Meanwhile Spain is 25% unemployed, the UK is holding a referendum on membership next year, Prague is to be renamed 'Atlantis' and there are major riots and protests in Turkey That sounds like a crisis to me, Mr. Hollande albeit cultural or political it will have an effect on Europe's economy.[/QUOTE] Well in fairness flooding in Prague is a natural disaster that was certainly not caused by the EU, and definitely not the Eurozone, seeing as the Czech Republic is not even a member of the Euro. Neither is Turkey, and they aren't even in the EU. Obviously they have an effect, but let's not get ridiculous.
I suppose what Hollande means is that the plight of the poor in Spain and Greece does not matter anymore because their countries are no longer in threat of defaulting and plunging the global economy into recession. If you do not give a shit about people's suffering, yeah, I guess the crisis is over.
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