Telegraph - Latest Comments in France and Germany veto increase in EU rescue fund

Re: France and Germany veto increase in EU rescue fund

finsternis — Sat, 15 Jan 2011 00:21:02 -0000

I'm sure that King could just print some a few billion more quid. The UK does not need to be bailed out, it can control its own monetary policy. Now stop confusing an Apfel with an Apfelsine.

Re: France and Germany veto increase in EU rescue fund

finsternis — Sat, 15 Jan 2011 00:06:27 -0000

Europe is a continent, perhaps the fairest of them all. A gorgeous collection of languages, peoples, cultures, histories, and yes, countries -- note the plural. The greatness of Europe does not come from the EU. No, hardly. The rise of the EU has also come coupled with the decline of freedom and relevance of the Europe on the world stage. Your comment falls flat on its face.

Re: France and Germany veto increase in EU rescue fund

GermanMichel — Fri, 14 Jan 2011 09:01:14 -0000

"Sooner or later, European countries will demonstrate to be able to live within they're means, and then what? "

Yeah, sooner or later race and religion will be immaterial, sooner or later human race will abandon egoism and greed, sooner or later utopia will become reality.
Of course, the willingly can't accept interference by the not so willingly on their way to the one better world represented by the super-power EU, therefore some concentration camps might be necessary, but thats someting completely different from what the Nazis did, can't you see that?

Re: France and Germany veto increase in EU rescue fund

jerone — Fri, 14 Jan 2011 08:40:13 -0000

Disappointing isn't it? Europe didn't collaps after all.
But keep in mind;
This is what the Anglo-American smear-campaign against Europe is all about; nothing but fabricated facts, fear-mongering and yellow journalism. One has to admit though, they are very good at it! If only they were as good in exporting useful products instead of inflation to the rest of the world!!
However, Anglo-Americans must not forget that they who live in glass houses, should not throw rocks.
Since Lehman Brothers, Americans added over 4 Trillion Dollars to they're national debt, that is about $40.000 per American household.
And that is only the amount ADDED to an already unmanagable mountain of debt & liabilities. Also question yourself who has lended them this amount? The answer is; nobody did, the debt is created out of thin air by the FED.
The results to show for this out of control spending?; absolutely zero!
Only lunatics will expect this to end well.
Sooner or later, European countries will demonstrate to be able to live within they're means, and then what? Then the US will have to demonstrate thesame ability and that will be when the final chapter of the Greek Tragedy will unfold, perhaps the history books will refer to it as the "Death of the Dollarsaurus".
It will mark the end of the Dollar ponzi-scheme that allows Anglo-American profligacy, at the expense of the rest of the world.
Obviously, Anglo-Americans prefer to continue the status-quo and that explaines the rationale behind the smear-campaign against Europe (not to say that there are no real problems in Europe, but these problems are exaggerated by orders of magnitude by the Anglo-Americans in order to divert attention away from theyre own abyssmal fiscal condition)
In the meantime, the schadenfreude about Europe's problems continues. But Anglo-Americans should remember that he who laughs last, laughs for the best.

Re: France and Germany veto increase in EU rescue fund

Colchique — Thu, 13 Jan 2011 17:24:48 -0000

kiki s'amuse à enlever les posts ?

"And at the same time, the Politicos here with their French counterparts, have created a much more dangerous form of Dictatorship through the EU with it´s dysfunctional Currency, the €uro."

ça n'amuse pas les Germanz de reconnaitre que François Mitterrand les poussa à adopter l'euro pour éviter que ne leur reprennent l'idéee de nous refaire leur vieux tour avec la Wehrmacht

Re: France and Germany veto increase in EU rescue fund

michaelindeutschland — Thu, 13 Jan 2011 15:46:05 -0000

point taken DT, so support the German professors

Re: France and Germany veto increase in EU rescue fund

minnieovens — Thu, 13 Jan 2011 15:42:25 -0000

In that area?
Not if you're white you don't.

Re: France and Germany veto increase in EU rescue fund

jonlivesey — Thu, 13 Jan 2011 15:33:58 -0000

So it turns out that Trichet is a crafty old fox, doesn't it? With three Bond auctions lined up, E1.5bn for Portugal, E3bn for Spain and E6bn for Italy, he rigs the first one.

I have to admire that. He rigs the auction that is going to cost him the least, by buying in all the Portuguese Bonds, after which the Spanish and Italian Bonds go out OK, but of course with steadily rising interest rates that will kill them in the end. But Trichet doesn't care what happens in the end; he only wants to keep the market from collapsing right now.

And as an encore, he muses aloud about maybe raising interest, rates, and voila! he has a rising Euro to go along with his "successful" Bond auctions.

Now, on the one hand, you have to give it to the guy. This was as neat a bit of market rigging as I have ever seen. On the other hand, you have to wonder about a Central Bank that is reduced to such rather sordid tactics.

Re: France and Germany veto increase in EU rescue fund

chelyabinsk — Thu, 13 Jan 2011 15:27:36 -0000

jabinsk

Fake

Re: France and Germany veto increase in EU rescue fund

michaelindeutschland — Thu, 13 Jan 2011 15:23:56 -0000

Portugal could join the UK, Switzerland, Norway, Republic of Ireland and Iceland ? please forgive if I´ve forgotten somebody else,

in EFTA

and their problems would be solved, wether in or out of some kind of €uro zone

Re: France and Germany veto increase in EU rescue fund

bill's unshakable euroquill — Thu, 13 Jan 2011 15:22:15 -0000

Bot, at least I don't perform barbaric acts of intellectual buggery on that which he does write, like you always do and have just done again - then signing off with a gut-wrenching, fawning "he is a most perceptive economic commentator."

Besides I am most appreciative of AEP's abilities and work and have said as much, you truth-perverting Bot.

Re: France and Germany veto increase in EU rescue fund

Captain Mainwaring — Thu, 13 Jan 2011 14:18:34 -0000

At least he is consistent in this

Re: France and Germany veto increase in EU rescue fund

Captain Mainwaring — Thu, 13 Jan 2011 14:17:35 -0000

Don't hold your breath on the ratings agencies downgrading the USA yet even though based on all the indicators it is long overdue . Nope, Moody's want to downgrade Cyprus next, it was reported today on N-TV Europe

http://www.finanznachrichte...

Re: France and Germany veto increase in EU rescue fund

graeme_b — Thu, 13 Jan 2011 14:17:22 -0000

Brabander: Not just the US, but the UK as well (note that they are not saying "vulnerable" yet though):-

"U.K., U.S. Top Aaa Ratings Tested by Debt Burdens, Moody’s Says"

http://www.bloomberg.com/ap...

also noticed an article saying US foreclosures will peak this year after jumping 20%:-

http://www.bloomberg.com/ne...

also also noticed "Roubini's Das on Euro Breakup":-

http://www.bloomberg.com/vi...

Re: France and Germany veto increase in EU rescue fund

Brabander — Thu, 13 Jan 2011 14:02:01 -0000

Am I surprised that the DT was suspiciously silent about 2 significant items of news today. No I was not, as they evidently only want to report economic problems in Euro zone.
1. The Spanish and Italian gilt auctions were very successful (many times oversubscribed)
2. Moody's and S&P announced that they would downgrade the US AAA rating if they did not get their debt under control. Due to the unwillingness of the Republicans to increase taxes and the Democrats to significantly decrease public expenditure (and both parties are unwilling to control rampant military expenditure!) this downgrading would appear to be inevitable.

Re: France and Germany veto increase in EU rescue fund

Captain Mainwaring — Thu, 13 Jan 2011 13:52:05 -0000

"Goldman Sachs mit einer frischen Studie heraus, die den Euro kurzfristig bei 1,37 sieht."

Goldman Sachs in a new study issued today sees the €uro rising to 1.37 in the short term against the $

http://www.finanzen.net/nac...

Re: France and Germany veto increase in EU rescue fund

graeme_b — Thu, 13 Jan 2011 13:29:21 -0000

Trichet is talking tough, as Emma Rowley says in her article. Which reminds me, he'll be gone by November. We can expect months of jockeying over this most important of issues - hardly the best time for it either. Will it be "tough love Weber"? Ex-squidder Draghi? or a core nation dark horse? (since the deputy is peripheral Portuguese)

Ken Rogoff at the FT still reckons the Euro will "win the race to the bottom", since there is a high chance of a medium-size meltdown, compared to the US where there is a small chance of a large catastrophe.

Will we limp on for the rest of 2011? Were the Mayans right about 2012? or will everything work out just fine?

Re: France and Germany veto increase in EU rescue fund

bnarpalvr — Thu, 13 Jan 2011 12:54:59 -0000

I voted UKIP & until the people decide to end the Lib Lab CON we will continue the slide ever downwards

Re: France and Germany veto increase in EU rescue fund

bnarpalvr — Thu, 13 Jan 2011 12:53:32 -0000

Camoron never intended an out right victory. He is quite content being in bed with Clegg the former MEP.

It was a former MEP who took Estonia into the euro2 weeks ago??
Hello
Wake up people?

Re: France and Germany veto increase in EU rescue fund

graeme_b — Thu, 13 Jan 2011 12:52:03 -0000

"By the way Euro back to 0.85£ again on the strength of the good Euronews."

thank God for that - a weak Euro is bad for Britain (except when it's holiday time)

Re: France and Germany veto increase in EU rescue fund

pumpernickel — Thu, 13 Jan 2011 12:49:22 -0000

Pauvres Anglais!

Who is going to bail you out in your hour of need, if you refuse to help your oldest friend, Portugal.

By the way Euro back to 0.85£ again on the strength of the good Euronews.

Re: France and Germany veto increase in EU rescue fund

bnarpalvr — Thu, 13 Jan 2011 12:47:58 -0000

Errrr!

But Camoron said this he'll change his story in a couple of days.

Re: France and Germany veto increase in EU rescue fund

graeme_b — Thu, 13 Jan 2011 12:46:57 -0000

Such childish exchanges. Ridiculous. Hilarious.

Re: France and Germany veto increase in EU rescue fund

graeme_b — Thu, 13 Jan 2011 12:43:47 -0000

poor old Deutschland

poor old PIGS

Re: France and Germany veto increase in EU rescue fund

Colchique — Thu, 13 Jan 2011 12:41:39 -0000

"And at the same time, the Politicos here with their French counterparts, have created a much more dangerous form of Dictatorship through the EU with it´s dysfunctional Currency, the €uro."

uh, otherwise we would have seen the wehrmacht ring again