Originally posted by j2000
reply to post by Dermo
Well, from my angle. You all jumped into bed with us on risky investments, (your banks), now we are bailing them out 10's of billions at a
The US is not bailing out foreign banks!
Yes, a lot of the US bailout money is going to foreign banks through debts owed or replacement for toxic assets sold/bought by US banks that claimed
bailout money but this is the bank paying off its debts to keep its rating in order to be able to get loans in future.
Most EU countries have already bailed out their banks that succumbed to toxic assets.
The US banks are the ones sitting on the biggest amount of toxic assets.. thats why they are getting so much money. Property prices didn't collapse
overall in the EU.. therefore not as many toxic assets.. hence, not as much bailout money needed.
You guys through a fit on our stimulus for trying to make it US only.
Why do you need any of that?
WTO.. a deal is a deal.. You take the good with the bad.
If the US is doesn't need the EU, why doesn't it just go ahead with the protectionism?? Simple.. because the US needs the EU and cant handle the
backlash that would occur.
If the EU decided out of nowhere to do the same thing.. the US would also try get it to stop.
Also, you are hardly turning your back on open capitalism in favour of 'Actual' socialism in the form of protectionism.. your not a communist are
(Had to throw that in there.. some American dude said something like that to me before)
If you don't need us, fine. You should really think about it.
I never said that.. The US always has a place in our hearts.
My point was that there is no need to go around slating the World for trying to move away from US dominance because of US plundering... its a simple,
The international bankers did all of this on the hard working backs of Americans
Welcome to the club.. we got that deal since the middle ages.
If you don't think so, then maybe you should think again while your on "Holiday", for 8 weeks this summer.
I work for myself for 70 hours a week, 50 weeks of the year and even if I was on a 40hour week with long holidays and earning more than someone in the
same position in your country.. who's the sucker there? Thats just obvious jealousy and a pretty stupid comment to make tbh.
Most Americans just as soon go back several decades and keep it here.
I don't know why Western Europian countries have to bust our balls when China is the real problem.
We're not bustin your balls.. your country is just not used to other economies having a say in its matters.. its obvious you don't like it but you
will have to get used to it.
The US used its dominance over other half the worlds countries since WW2..
The EU is a bigger economy and has leverage over the US so the US has to listen and in many cases do what its told...
dont take it to heart..
its called a bi-polar global economy..
soon to be tri polar when China is big enough..
You lot will be really pissed off all the time when China starts making demands.
So will we for that matter.. Can you imagine how much bitching the French are going to do when China starts pushing its weight around
you wont have to listen to that