Eurozone crisis: Debt fears loom at White House summit

[Gerald]

http://www.bbc.co.uk/news/world-us-canada-15926346


Note: 28 November 2011 Last updated at 19:40 GMT

[Jimbuna]

Mr Obama said after the summit that the US has "a stake" in the EU's success.

Good to hear what does Sweden/you think?

[Skybird]

Maybe Mr. Obama should mind his own Apalache of debts. Europe can perfectly mess up itself, and does not need American advise on how to speed up that process.

[Jimbuna]

Originally Posted by Skybird

Maybe Mr. Obama should mind his own Apalache of debts. Europe can perfectly mess up itself, and does not need American advise on how to speed up that process.

LOL

[STEED]

Mr Obama did you know your debt has now passed the $15 Trillion bench mark?

[Gerald]

Originally Posted by jimbuna

Good to hear what does Sweden/you think?

Sweden is indeed the EU, just as the United Kingdom but is not tied to € which is not United Kingdom nor, as is known, I would think that Obama pulls all over an edge, in the case of countries in the EU, which is incorrect and does not see them benefits with countries that do not have € as currency, but he changes his policy, in this particular way, I see as far-fetched.

[Jimbuna]

Well as bad as it would be should the Euro collapse, Britain and Sweden would not be hit anywhere near as much as Germany and France or the other countries that have adopted the Euro.

[Gerald]

Originally Posted by jimbuna

Well as bad as it would be should the Euro collapse, Britain and Sweden would not be hit anywhere near as much as Germany and France or the other countries that have adopted the Euro.

True, United Kingdom and Sweden, is much milder aside, one other country which is attached to the €, which can be seen out now and more in the long run .... as the market reacts.

[Skybird]

Originally Posted by jimbuna

Well as bad as it would be should the Euro collapse, Britain and Sweden would not be hit anywhere near as much as Germany and France or the other countries that have adopted the Euro.

Wouldn'T be so sure about that. London is the biggest financial transaction place worldwide, and it is the major pillar in British income. Also, a fall of Germany'S paymaster role would effect the EU. And the EU effects Britain, like it or not. And then there is this crazy thing called global market and global economy and globalisation.

It is an isle, yes, I remember that. But that does not mean much anymore.

To re-use an American historical quote - it may be our currency, but it is your problem.

[Jimbuna]

Originally Posted by Vendor

True, United Kingdom and Sweden, is much milder aside, one other country which is attached to the €, which can be seen out now and more in the long run .... as the market reacts.

We'll be fine.

[Jimbuna]

Originally Posted by Skybird

Wouldn'T be so sure about that. London is the biggest financial transaction place worldwide, and it is the major pillar in British income. Also, a fall of Germany'S paymaster role would effect the EU. And the EU effects Britain, like it or not. And then there is this crazy thing called global market and global economy and globalisation.

It is an isle, yes, I remember that. But that does not mean much anymore.

To re-use an American historical quote - it may be our currency, but it is your problem.

The main problem would arise if taxation was imposed on transactions...and that is hardly going to happen given the seriousness of the financial markets.