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-   -   Call for Berlusconi to step down as Italy worries grow (https://www.subsim.com/radioroom/showthread.php?t=189309)

STEED 11-12-11 05:31 PM
:har:

Jimbuna 11-12-11 06:14 PM
Quote:
Originally Posted by papa_smurf (Post 1786719)
Not quite, he's working on a album:
http://www.youtube.com/watch?v=I8NpeP_KjyQ
LOL :DL

TarJak 11-13-11 05:59 AM
http://www.smh.com.au/world/end-of-a...113-1ndfj.html
He's gone now and none too soon for the Italian population. Still I doubt it will make a lot of difference to the economic problems they've got. They are far more deep rooted than just Berlusconi's policies.

Jimbuna 11-13-11 06:20 AM
Quote:
Originally Posted by TarJak (Post 1786963)
http://www.smh.com.au/world/end-of-a...113-1ndfj.html
He's gone now and none too soon for the Italian population. Still I doubt it will make a lot of difference to the economic problems they've got. They are far more deep rooted than just Berlusconi's policies.
Yep....one of the problems being that it is possible once the tough austerity measures start to bite, the voters revolt and bring down the government then it all starts over again with never an end in sight :doh:

TarJak 11-13-11 07:08 AM
Six ways to save the Euro: http://www.smh.com.au/business/six-w...201-18gov.html

Dunno if any of these would work better than what they are trying to do now.

Torplexed 11-13-11 10:05 AM
Quote:
Originally Posted by TarJak (Post 1786997)
Six ways to save the Euro: http://www.smh.com.au/business/six-w...201-18gov.html

Dunno if any of these would work better than what they are trying to do now.
They might have worked if they had been implemented years or months before the current crisis. It's probably too late now. All we have at the moment is more and more austerity duct tape being applied, which doesn't exactly inspire investor confidence. It sure won't grow any economies.

So, let's see; we have a US/Euro financial crisis that was caused by spending money we didn't have, and exaggerating that money's value as backing for highly leveraged bets. And we are planning on fixing that problem by leveraging more money we don't have. Only a bunch of money meddling politicians could come up with that idea. :-?

Jimbuna 11-13-11 01:41 PM
Quote:
Originally Posted by TarJak (Post 1786997)
Six ways to save the Euro: http://www.smh.com.au/business/six-w...201-18gov.html

Dunno if any of these would work better than what they are trying to do now.
Quote:
Originally Posted by Torplexed (Post 1787053)
They might have worked if they had been implemented years or months before the current crisis. It's probably too late now. All we have at the moment is more and more austerity duct tape being applied, which doesn't exactly inspire investor confidence. It sure won't grow any economies.

So, let's see; we have a US/Euro financial crisis that was caused by spending money we didn't have, and exaggerating that money's value as backing for highly leveraged bets. And we are planning on fixing that problem by leveraging more money we don't have. Only a bunch of money meddling politicians could come up with that idea. :-?
IMHO the Eurozone and possible even the EU is now doomed to a slow but catastrophic meltdown.

Thankfully we never joined the Eurozone so hopefully we (as in UK) won't be as hard hit as some of the members.

Merkel may yet end up with a damning epitaph.

Oberon 11-13-11 02:20 PM
Quote:
Originally Posted by TarJak (Post 1786997)
Six ways to save the Euro: http://www.smh.com.au/business/six-w...201-18gov.html

Dunno if any of these would work better than what they are trying to do now.
The option "Take off and nuke it from orbit" is missing from that list...






It's the only way to be sure. :yep:

Jimbuna 11-13-11 02:34 PM
Quote:
Originally Posted by Oberon (Post 1787159)
The option "Take off and nuke it from orbit" is missing from that list...






It's the only way to be sure. :yep:
Well is it alright to wait until Cameron pays his next visit before we do that? :DL

TarJak 11-13-11 04:07 PM
LOL or you could watch from over here.:03:

Jimbuna 11-13-11 05:16 PM
Quote:
Originally Posted by TarJak (Post 1787232)
LOL or you could watch from over here.:03:
Couldn't put up with the local brew I'm afraid :03:

Torplexed 11-15-11 08:20 PM
Italian yields have just breached 7% again on the 5year and 10year. No re-inversion yet.

Everybody now realizes the only thing that will save Italy is massive printing by the ECB. They're begging for it across the board, demanding Germany be brought to heel. I think there is an off chance that the German leadership might give in, but if they do, they'll soon be new German leadership, and that leadership will pull out of the EU in no time flat. :D

TarJak 11-16-11 12:42 AM
Quote:
Originally Posted by jimbuna (Post 1787276)
Couldn't put up with the local brew I'm afraid :03:
Nor I that's why I brew my own now.:D

On topic, the EU is screwed IMHO. Not many options remain open to them and I'm not seeing the good ideas flowing thick and fast either. Time to buckle up and enjoy the ride methinks.

Jimbuna 11-16-11 09:53 AM
I wish I had the coin to lend the italians....I'm tied into 3.25% over 18 months :-?

STEED 11-16-11 11:22 AM
Berlusconi productions presents Hard Shag Vol.1

Starring Berlusconi and a great number of women.


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