  France Europe Is slowly crumbling (karma: 5)
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By VAVD  Comments: 4271, member since Wed Nov 25, 2009On Tue May 08, 2012 11:03 PM
Edited by VAVD (82433) on 2012-05-08 23:07:44
Europeans, with the incompetence and stupidity that are the hallmark of their subspecies of humanity, are staring into the abyss. Europe's days as a leading region of the world are numbered. And this time, you're on your own.
The euro is not a unifying force and the debt crisis has shown the differences between the euro zone nations rather than enhancing unity, Chris Tinker, founder at Libra Investment Services, told CNBC Tuesday.
“The permanent cost of debt is not uniform anymore. The euro is not a unifying force,” Tinker said on CNBC’s “Worldwide Exchange.” “We are having to manage in what is a slow crumbling of what the euro was about.”
He added that investors had become much more inward-looking since the debt crisis had taken hold and were now “country focused.”
“Investing in Europe en masse is changing and the political events at the weekend reinforced that. French investors are investing in French stocks, French bonds and French assets,” he said. “It’s not that they think the euro is going to break up. It’s more a realignment of assets and liabilities.”
The political chaos now being played out in Greece has reignited calls for the debt-laden country to leave the euro zone bloc.
Elections in both France and Greece have seen the electorate rise up against the raft of austerity measures being rolled out across various countries in the euro zone.
In Greece, two thirds of the vote on Sunday went to parties that opposed the international bailout plan.
However, Tinker said the reality of the situation in Greece was far more complicated.
“It’s a binary decision. If Greece gets itself to the point where the European administration says, ‘We can’t play this game anymore,’ that starts a domino effect,” he said. “They are between a rock and a hard place.”
He warned that Greece would have to play by the rules to retain its place within the euro club as “throwing their toys out of the pram” was not an option for them.
Carsten Brzeski, senior economist at ING told CNBC the European Central Bank would be limited what it could do to prevent the situation in the euro zone from imploding, saying the picture was “very bleak” for the region.
“It is not the task of the ECB to solve the crisis. They cannot solve the crisis,” he said. “We have a fundamental, structural crisis that has to be solved by politicians and the mantra of structural adjustments. It is a no-go to renegotiate the fiscal compact but have a growth compact alongside it.”
© 2012 CNBC.com 14 Replies to Europe Is slowly crumbling |
 re: Europe Is �Slowly Crumbling�: Expert (karma: 1)
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By Lord_Haw_Haw Comments: 12214, member since Sun Mar 07, 2010On Tue May 08, 2012 11:08 PM
Just leave the nation States run themselves. They do a better job |
 re: Europe Is slowly crumbling en>fr fr>en
By Johnny_Ola Comments: 10242, member since Sat Apr 28, 2007On Tue May 08, 2012 11:14 PM
I don't know why Germany bought into this EU thing. |
 re: Europe Is slowly crumbling (karma: 1)
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By jeanv Comments: 21333, member since Sun Sep 11, 2005On Tue May 08, 2012 11:17 PM
VAVD wrote:
Europeans, with the incompetence and stupidity that are the hallmark of their subspecies of humanity, are staring into the abyss. Europe's days as a leading region of the world are numbered.
Quite.
 |
 re: Europe Is slowly crumbling en>fr fr>en
By lookanlearn Comments: 9955, member since Sun Jun 10, 2007On Wed May 09, 2012 12:09 AM
USA will eventually be run by some nutter who threatens to nuke the globe or county who does not give them everything they want.
Like some `dragon of old` was given the village virgin for Sunday lunch to pacify it.
Eventually though, someone will figure out a way to stop that permanently. |
 re: Europe Is slowly crumbling (karma: 13)
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By Stonewall Comments: 8360, member since Tue Jan 04, 2005On Wed May 09, 2012 12:39 AM
lookanlearn wrote:
USA will eventually be run by some nutter who threatens to nuke the globe or county who does not give them everything they want.
Like some `dragon of old` was given the village virgin for Sunday lunch to pacify it.
Eventually though, someone will figure out a way to stop that permanently. Bullshit. If the USA ever becomes the bloodthirsty bully nation the rest of the world loves to accuse us of being, you will deal with us exactly as you dealt with the Soviet Union: On your bellies, licking our boots as we kick you in the face and shouting sycophantic paeans praising us for generously sharing our precious bodily fluids as we piss on your backs. |
 re: Europe Is slowly crumbling (karma: 3)
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By Big_Pacific Comments: 1865, member since Thu Oct 23, 2008On Wed May 09, 2012 12:43 AM
 Europe will end up something like Africa, but with socialism. |
 re: Europe Is slowly crumbling (karma: 5)
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By mikgof Comments: 11788, member since Tue Feb 17, 2004On Wed May 09, 2012 01:47 AM
The problem is that the Euro was a political animal. The Euro will realign itself and become a purely economic tool. The Euro crisis has been going on for 2 years now because the politicians don't want to expel any countries. Well it's going to happen now; sooner rather than later. The Club-Med countries will leave; adopt their own currencies; devalue and print money to get their economies moving. The alternative is that the hard core Euro nations (for whom the Euro has been very beneficial) transfer large amounts of wealth to their poorer neighbours indefinitely. |
 re: Europe Is slowly crumbling (karma: 2)
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By Dewi_Sant Comments: 23420, member since Wed Jul 06, 2005On Wed May 09, 2012 01:54 AM
Johnny_Ola wrote:
I don't know why Germany bought into this EU thing.
well they tried with the jackboot twice and when they had their arses handed 2 them on a plate twice they decided that the 'pen' could be mightier than the 'sword' and they basically succeeded didn't they |
 re: Europe Is slowly crumbling (karma: 5)
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By ibigmang Comments: 19152, member since Thu Oct 06, 2005On Wed May 09, 2012 02:08 AM
Stonewall wrote:
lookanlearn wrote:
USA will eventually be run by some nutter who threatens to nuke the globe or county who does not give them everything they want.
Like some `dragon of old` was given the village virgin for Sunday lunch to pacify it.
Eventually though, someone will figure out a way to stop that permanently. Bullshit. If the USA ever becomes the bloodthirsty bully nation the rest of the world loves to accuse us of being, you will deal with us exactly as you dealt with the Soviet Union: On your bellies, licking our boots as we kick you in the face and shouting sycophantic paeans praising us for generously sharing our precious bodily fluids as we piss on your backs.
sounds like a good system. |
 re: Europe Is slowly crumbling (karma: 1)
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By BurnParis Comments: 28378, member since Thu Mar 13, 2003On Wed May 09, 2012 10:39 AM
It's going to be an interesting summer for europe |
 re: Europe Is slowly crumbling (karma: 1)
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By LTKilling Comments: 9951, member since Sun Aug 14, 2005On Wed May 09, 2012 11:09 AM
Greece, Portugal and Ireland
fuck off |
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 re: Europe Is slowly crumbling (karma: 1)
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By NikosAliagas Comments: 1945, member since Sun Jul 15, 2007On Wed May 09, 2012 01:10 PM
BurnParis wrote:
It's going to be an interesting summer for europe
True
 |
 re: Europe Is slowly crumbling (karma: 1)
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By faqufrance Comments: 7859, member since Wed Nov 17, 2004On Thu May 10, 2012 06:27 PM
 NikosAliagas wrote:
BurnParis wrote:
It's going to be an interesting summer for europe
True
What a fucking idiot..You truly are a dumbshit aren't you nikos. I am humbled by the power of shear stupidity with French people in large numbers. We see it in your posts on FF.
Your country has committed a slow and deliberate suicide. Neighboring eu country election supporters walking around with swastika signs and the eu is heading for collapse and you post pictures women that you fap with nightly.
As the USA has predicted, the eu is collapsing. Fwance is falling into a socialist / fascist abyss. You dumb fucks think that you can just keep spending away cause there are blank checks in the checkbook.
The mussies were the vast majority of the supporters of this election. A of sea Algerian flags, as well as other muslim country flags far outstripped the representation of French flags at these election rallies... and to this day, you dumbfucks still say that you have no issues with islam.
Day by day we watch france lose it's sovereign soil.. from ZUS zones and government reports that confirm everything that we have said...
But you still post pictures of women that you can only dream of holding...
idiot |
 re: Europe Is slowly crumbling (karma: 1)
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By electrichair Comments: 1369, member since Sun May 28, 2006On Thu May 10, 2012 09:17 PM
LTKilling wrote:
Greece, Portugal and Ireland
fuck off
Watched a show the other day about Facebook & Google and thought was waiting in anticipation for them to mention the same style of business in Europe but hey there was none... Mark Zukerberg like man or lump the man he made something from nothing took it global and is going to make a killing out of it, likewise with Google a global phenomenon .... Why is that the only country that does this is the United States of America .... |
