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EU collapse has begun

Chalanachithram.com DB » Archives » Archive through May 06, 2010 » EU collapse has begun « Previous Next »
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Ashton
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Username: Ashton

Post Number: 3762
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Posted on Thursday, May 06, 2010 - 11:11 am:       


Mrhyderabad:

EURO ni M cheyadaaniki vomerica vaallu chesthunna kutra ani monna evado annadu oka blog lo :-)


no wonder....europeans are really dumb idiots...
 

Mrhyderabad
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Posted on Thursday, May 06, 2010 - 11:07 am:       

EURO ni M cheyadaaniki vomerica vaallu chesthunna kutra ani monna evado annadu oka blog lo :-)
If god doesn't like the way I live, let him tell me, not you
 

Ashton
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Posted on Thursday, May 06, 2010 - 10:58 am:       


Jacksparrow:

Average retirement age in Greece is 53 anta ilagaite appullo kaaka excess ekkadinundi vastundi...


anni free ga isthe result ila vuntundi...I think it would pretty soon hit Belgium,Germany and Scandinavian countries
 

Jacksparrow
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Posted on Thursday, May 06, 2010 - 10:48 am:       

http://www.dailymail.co.uk/news/worldnews/article-1270415/Co llapse-salvation-stark-choice-faced-Greece-faces-26billion-b udget-cuts-TWO-years.html

Average retirement age in Greece is 53 anta ilagaite appullo kaaka excess ekkadinundi vastundi... anduke people are rioting
 

Ashton
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Posted on Thursday, May 06, 2010 - 10:45 am:       

The plan is for the now order to take over the usa. Then use usa money to fund the eu. The europeans are so socialized they haven't been able to make money for years.
 

Jacksparrow
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Posted on Thursday, May 06, 2010 - 10:43 am:       


Getafix:

greece lo gola enti?


public finances ghoram... 61 retirement age... kathi govt pensions.... eu commission thru greece govt is trying to fix the public service and expenditure... so aa maatram voogaka pote ela anni cut cheste govt all of a sudden :D
 

Ashton
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Posted on Thursday, May 06, 2010 - 10:42 am:       


Emc2:


Its not about debt here...Its about credit...Its the loan given by us to all bankrupted european countries....
 

Emc2
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Username: Emc2

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Posted on Thursday, May 06, 2010 - 10:37 am:       

US has $1trillion debt to china
US has $500 billions debt to japan
its a big list.
U think US is collapsed.


Splitting a State is not a solution.
 

Getafix
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Username: Getafix

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Posted on Thursday, May 06, 2010 - 10:31 am:       


Dhaarkaar:



thanks brother..

link sadivina.prajalu asalu artham kaaru.. avva kavali buvva kavali antar..kiki..
 

Dhaarkaar
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Posted on Thursday, May 06, 2010 - 10:27 am:       


Getafix:

bedar,


anniya, idhi saduvu..

http://abcnews.go.com/WN/greeks-streets-violent-protests-eco nomic-problems/story?id=10567233
 

Getafix
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Username: Getafix

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Posted on Thursday, May 06, 2010 - 10:23 am:       

Ashton bedar,

greece lo gola enti? Public rioting avuthundi anta.. yesterday 3 people died anta? Whats happening there? Inflation zimbabwe lo laga toomuch ga perigipoinda endhi?
 

Ashton
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Username: Ashton

Post Number: 3757
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Posted on Thursday, May 06, 2010 - 10:00 am:       


Jacksparrow:


check this news

http://www.cnbc.com/id/36961257

The current European debt crisis likely will not end until the euro collapses as a currency and takes the entire European Union with it, said Dennis Gartman, hedge fund manager and author of "The Gartman Letter."

"I think the whole thing will go down to defeat, the whole thing will eventually unravel," Gartman said in an interview with CNBC.com.

Gartman said he doesn't have a specific timetable for how long it will take for the collapse of the 17-year-old EU, but said, "it doesn't look good."

The debt problems continued to escalate Wednesday as Greek citizens rioted in the streets over proposed austerity measures that would be required for any rescue plan to gain approval.

At the same time, Moody's warned that it might downgrade the debt for Portugal, accelerating worries that Greece's unremitting debt worries could spread across the continent.

Gartman holds the following long positions: 15 percent gold; 10 percent silver, and 15 percent each to Canadian and Australian dollars; he is short 15 percent each in euros, pounds and yen.
 

Jacksparrow
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Posted on Thursday, May 06, 2010 - 09:34 am:       


Ashton:


eedena? http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGKiA XSpx3iU

ekkada cheppadu eu collapse ani? EU kooda euro devaluation kosam choostondi... yeta vaata US exports ki bokka gaani euro value padite...
 

Jacksparrow
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Posted on Thursday, May 06, 2010 - 09:30 am:       


Ashton:

Feroli said in the intervie


evadi feroli?
 

Ashton
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Username: Ashton

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Posted on Thursday, May 06, 2010 - 08:59 am:       

First Greece...then Portugal, Spain, Italy, Ireland and Great Britian. The total collapse of the European Union.


U.S. banks have $16 billion outstanding in credits to Greece, $5 billion to Portugal, $57 billion to Ireland and $58 billion to Spain, he wrote, citing data from the Bank for International Settlements. That doesn’t include indirect exposure through non-banking institutions and through European banks in the major euro countries such as Germany and France, he wrote.

In a worst-case scenario, the debt crisis would cripple the European banking system, hurting the global economy.

“The experience of the past years has caused us to be sensitive” to the less-likely scenarios, Feroli said in the interview. “You can imagine scenarios that get bad enough where it actually causes the U.S. economy to contract. It would have to get pretty bad in Europe and pretty bad in the European financial system but it’s not inconceivable.”

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