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Originally posted by Vitchilo
And you say in your sig it's Glorious England.. GIVE ME A BREAK.
Originally posted by likeabull
England is an Island and it's sinking. "God Save The Queen". [/quote
So is the rest of the World..........................
Originally posted by grantbeed
Europe tells Britain not to ask for help in a crisis
www.telegraph.co.uk(visit the link for the full news article)
Britain has been warned it will be punished by Europe if the pound is hit by a financial crisis, after refusing to support a massive euro bail-out.
Officials from both euro and non-euro countries said Britain should not ask for help if it runs into trouble because it had not signed up to a £378 billion support fund.
Jean-Pierre Jouyet, a former French Europe minister and the current chairman of France's financial services authority, yesterday predicted only "God would help" a rudderless Britain after it snubbed its euro zone neighbours
Originally posted by Rockpuck
reply to post by Korg Trinity
Americans love two countries: Britain and Ireland. Ya, we might drink German beer one weekend a year in October, and we pretend to think French food is worth a fortune .. but really you guys are the only ones we care about.
Originally posted by Hatcookie
Haven't read through all the posts here but I just wanted to ask why do these companies/countrys keep on getting bailed out?
When something doesn't work it should be allowed to die out so that a new and improved system/company can take its place.
It seem fairly obvious and I know theres more to it but are we all going to just keep bailing each other out?
Isn't the definition of insanity repeating the same thing and expecting a different outcome?
And since I'm typing this with my onscreen keyboard I wont even get into the fact that our hard earned and easily spent tax dollers are paying for this!
Sarkozy emerges buoyed from euro rescue effort
The enormous rescue effort for the euro has a distinctly French flavor — even down to the cookies served in marathon negotiations — and is a big point scored for French President Nicolas Sarkozy.
France is loudly claiming credit, with Sarkozy's prime minister saying French doggedness clinched the deal to try to save the currency that ties this continent together, and vowing to "reinvent the European model."
Europe's other powerhouses, while crucial to securing the joint European Union-International Monetary Fund plan, come off looking sidelined: Germany's Angela Merkel was humbled by agreeing to a rescue she long resisted; Britain was rudderless for days after inconclusive elections and in any case has a smaller role because it is outside the eurozone.
The resulting plan includes generous government backing for the loan package — something championed by France
Originally posted by Freeborn
I used to be proud of being a member of ATS.
Originally posted by Rockpuck
reply to post by grantbeed
Technically speaking, it's damn near impossible for Britain to be in Greece's position ... Britain is like the US .. they can monetize debt, they are in control of their own monetary policy .. countries like Greece cannot monetize debt, once they are out of Euro's ... that's it .. they have to beg others for assistance. This is what happens when you give your entire economic control over to a few international politicians/bankers in a far away city.