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The finance ministers were discussing ideas that until recently would have been taboo: countries ceding additional budgetary sovereignty to a central authority — EU headquarters in Brussels.
With Italy sinking rapidly into financial chaos, the eurozone's 17 finance ministers scrambled Tuesday to find enough money to give their rescue fund a veneer of credibility and world markets some reason to believe their embattled currency won't break up.
Italy's borrowing rates shot up above 7 percent Tuesday, an unsustainable level that already has forced three smaller EU nations to seek bailo
Originally posted by alchemist2012
Germany will conquer most of Europe with out ever firing a shot [...]
Originally posted by DarthMuerte
When will the socialists realize [...]
Where do you think the debt came from? It wasn't military spending, that is for sure. The debt came from all of the socialistic programs they provide their citizenry.
Originally posted by ColCurious
Nothing about socialism either... is this some kind of troll thread?edit on 29-11-2011 by ColCurious because: (no reason given)
Originally posted by ColCurious
Originally posted by alchemist2012
Germany will conquer most of Europe with out ever firing a shot [...]
Please explain how you came to this conclusion??
There is nothing in the article about Germany wanting to conquer Europe.
Originally posted by DarthMuerte
When will the socialists realize [...]
Nothing about socialism either... is this some kind of troll thread?edit on 29-11-2011 by ColCurious because: (no reason given)
Originally posted by DarthMuerte
Where do you think the debt came from? It wasn't military spending, that is for sure. The debt came from all of the socialistic programs they provide their citizenry.
Originally posted by ColCurious
Nothing about socialism either... is this some kind of troll thread?edit on 29-11-2011 by ColCurious because: (no reason given)
No more fear of evil Germany conquering Europe.
I wonder how long the Eurozone would last...
Originally posted by JudgeDeath
So when the Eurozone breaks up who do you think is still going to be up ontop of the pile...thats right the evil Germans.
Originally posted by JudgeDeath
This was why the EU was set up in the first place, so that countries like Germany that have just happened to have started two world wars would not be allowed to become a superpower AGAIN!
And this clearly shows that the evil Germans somehow orchestrated the collapse of the Eurozone. They must have invented a secret Nazi-weapon that made everyone else too stupid to keep their nations economy stable. The end.
Who is to blame for starting the current crisis in the eurozone? Greece? Italy? The real answer may lie further north.
The EU might have been a good idea in the beginning but what it became is a joke and thats not Germany's fault. Germany doesn't want to become a superpower... the German people learned their lesson from history.
Culture Minister Pavlos Yeroulanos told the BBC it would be "impossible" for Greece to cede control of its tax and spending powers.
I'm out of this thread. Fortunately there are enough more serious threads on ATS about the EU-debt-crisis and the real reasons behind it.