Bloomberg — May 10, 2010 — May 10 (Bloomberg) — Vincent Boland of the Financial Times’ Lex commentary team talks with Bloomberg’s Deirdre Bolton about the European Union’s 750 billion euro (2 billion) aid package and program of bond purchases to help stop a sovereign-debt crisis that threatens to shatter confidence in the euro. Copyright Bloomberg 2010 Greek Greece bailout euro rescue loan debt imf eu emf central bank protests protesters riots death Portugal spain italy downgrade default sovereign pigs piigs eurozone euro-zone international monetary fund bonds financial times aid package European union germany france Ireland budget deficits
Video Rating: 4 / 5
smash the? nwo
@iknownothingnow yep U.S. in IMF role is funding Greece..or rather as Faber said we’re funding the European banks.? thanks much.
Austerity a euphemism for pain. Delivered with smiling faces of the politicians to the working class.
This is an aspirin for a heart attack. It is helping but the core issue of debt is not resolved.
We can all thank the U.S. government for loaning $100 billion to the IMF. Tax payers are on the hook to help Greece. You remember that vote right?
Ha, ha! There was no vote! ? And why should there be, because the politicians do not care.
@reverendjordan it doesn’t compute? in my brain either… *already bought some gold and silver and probably should buy more* lol
@fal2grace im just trying to imagine it over a continental scale… it just doesn’t compute in my brain. IF the money reaches regular people(instead of getting trapped in the banks) it won’t be for YEARS or in loans. i don’t see how this could work. it’s too big. too much. how much of this trillion is gonna get lost? in bueracracy? thank god im young(22) and don’t really have a lot of stake in this world yet or i’d probably be losing my mind these days. *keeps buying his gold and silver*
@TheReallitycheck
?
@fal2grace
and that is an? under statement:-)
@SteveTheFool? you’re welcome. thanks for watching.
thank you for the vids?
@chena3 “pay up or we take you out”…sounds like the mob, only these guys? have more power.
@continuityofliberty excellent, eloquent comments. thanks?
@reverendjordan “how do you bail out a continent?” … that’s the best? question i’ve heard in a while. thanks
@fal2grace How can you be so fast???? :O
@Airave I do think I? came up with the gremlins:)
@fal2grace? I think it was you who 1st
Still, yeah….
brought up Gremlins! I’m playful and
strong enough to “go with the flow”,
as long as it is all good!
I’m into metaphor, poetry, writing songs…
Jungian concepts, was very Catholic
(now decades Athiest), could go on….
Just a style I choose to use
here on the YouTubes.
And we are living in very Surrealistic times.
I may seem flippant (I’m really not),
but so do “news” reports and “events”, no?
Fairies… not my scene, but hey, LALL.
Luv.
@chena3 exponential badgers…thanks? chena
@Airave i swear? you’re living in a Brothers Grimm tale…lol (fairies, gremlins, etc.)
@ShillBasher you’re very? welcome
Good upload, thankx : )?
it’s so awful this isn’t haedline news on most news? sites. this is completly crazy. how do you bail out a continent? our world is out of control.(well, our control) guuuuuuuuuughhhh i remember my 8th grade teacher explaining how trickle down economics don’t work. i don’t see this and all these other bailouts as being any different. how long can we keep pointing at corporate and bank gains as being signs of a country’s strength? when will the people suffer enough? so many questions. auuuuuuuuuugh
One ring to rule them all =central banks. Personal savings will become an anathema to central banks.
Sophisticated health care? If you have savings.
Retiring? If you have savings.
State? Pensions? Ha ha ha.
No bail out for little man. Little man to do the bailing.
morgan stanley ..stephen roach ..
intercrisis half-life continues to decline as the severity jumps exponentially.
In other words
, in nine months we will need a combined Fed-ECB-BOE-PBoC-BOJ? effort for about $10 trillion just to calm the markets.
4.5 months after that, $100 trillion more..
. And so forth.
yep if you whack a badger…
you end up whacking …
all of the badgers .
@fal2grace Indeed.
I fear they are?
overall afoot….
It’s like juggling – just throw more balls in the air to keep the game going! Wheee!
Part of me sees all this imaginary money flying around as an amusing spectacle of delusional arrogance, and the other sees it as tragically offensive.
Remember when debt was a direct deal between two entities? Now it’s sold, resold, repackaged, resold, subsidized, tweaked, hidden, repackaged, bailed out, resold…
Don’t you just love being forced to pay for your? own pain!
80? hrs later
fed sets up 400 billion currency swap with euro land
guess what they will take as collateral
MBS ..worthless trash ..at 100 cts on the dollar
how’s that
for transparency ..
give the badger second line..[ honorable mention ]
he helped rough out the edges ..
parsnips any one …