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US Ready to Back Bigger EU Stability Fund

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posted on Dec, 1 2010 @ 02:21 PM
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US Ready to Back Bigger EU Stability Fund


The United States would be ready to support the extension of the European Financial Stability Facility via an extra commitment of money from the International Monetary Fund, a U.S. official told Reuters on Wednesday.

"There are a lot of people talking about that. I think the European Commission has talked about that," said the U.S. official, commenting on enlarging the 750 billion euro ($980 billion) EU/IMF European stability fund. "It is up to the Europeans. We will certainly support using the IMF in these circumstances."


www.cnbc.com...

headlines,

Bonds sink on report of US aid to Europe...

www.marketwatch.com...
U.S. Treasury: No talks now on bigger EU fund...

www.marketwatch.com...

FED: Foreign banks borrowed hundreds of billions of dollars in crisis funds...
news.yahoo.com...

I didn't find this posted,




posted on Dec, 1 2010 @ 02:58 PM
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Monetizing more debt will solve no ones problems...

The FED and IMF both need to be abolished. These banksters are the source of all the problems, not the solution.



posted on Dec, 1 2010 @ 03:14 PM
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Originally posted by xXHORUSXx
Monetizing more debt will solve no ones problems...

The FED and IMF both need to be abolished. These banksters are the source of all the problems, not the solution.


100% agree. This is just all part of the strategy to take financial control of every country.

One minute they're broke, the next minute they are bailing out Europe.....insane corruption is at work here.



posted on Dec, 1 2010 @ 03:18 PM
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reply to post by wcitizen
 


Thanks guys for posting, I agree,

why and how can we bail out Europe, this is ridiculous, we are floundering here ourselves, the worlds gone completely madd.



posted on Dec, 1 2010 @ 04:54 PM
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Originally posted by Stormdancer777
reply to post by wcitizen
 


Thanks guys for posting, I agree,

why and how can we bail out Europe, this is ridiculous, we are floundering here ourselves, the worlds gone completely madd.



Yep, completely and totally!!

second.
edit on 1-12-2010 by wcitizen because: (no reason given)



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