China: We Think The E U May Not Survive

[Realistbear]

http://uk.finance.yahoo.com/news/China-fears-euro-debt-crisis-tele-1228755700.html?x=0

China fears euro debt crisis will go from 'acute' to 'chronic'

Philip Aldrick, 12:21, Friday 24 December 2010

China has warned that Europe (news) may struggle to recover from its “chronic” debt crisis despite offering to help support the area through an escalation of the problems next year.

IMO 2010 was the quiet before the storm EU-wise. The imbalances were always going to tear it apart in the end.

Edited December 24, 2010 by Realistbear

[leicestersq]

http://uk.finance.yahoo.com/news/China-fears-euro-debt-crisis-tele-1228755700.html?x=0

China fears euro debt crisis will go from 'acute' to 'chronic'

Philip Aldrick, 12:21, Friday 24 December 2010

China has warned that Europe (news) may struggle to recover from its “chronic” debt crisis despite offering to help support the area through an escalation of the problems next year.

IMO 2010 was the quiet before the storm EU-wise. The imbalances were always going to tear it apart in the end.

So what are they saying. They 'think' that the EU wont survive, or the Euro wont survive, or bond holders will take a haircut, or a bit of all of it?

[happy_renting]

So what are they saying. They 'think' that the EU wont survive, or the Euro wont survive, or bond holders will take a haircut, or a bit of all of it?

They 'think' we live in interesting times.

[Bloo Loo]

do their bankers "earn" £7bn in bonuses and bail outs on demand, such is their genius?

I dont think so.

so STFU China....you dont know nuffin.

Our boys are in there fighting the good fight for the citizens of Europe.

[Ruffneck]

china has serious problems/bubbles of it's own

[The Masked Tulip]

I think we should allow all those bankers wanting to go to China to do so. One of two things will result:

1. Within a few years the bankers will do to China what they have done to the West.

2. The Chinese Govt will not be so forgiving.

Probably both.

[ParticleMan]

When various and sundry talk about "speculators" getting their "faces ripped off", or talk about bondholders "sharing the pain", I bet the team standing closest to this powder keg...

Europe is China’s biggest trading partner, and the giant Asian nation has been reducing its reliance on the dollar by switching a larger portion of its $2.65 trillion (£1.7 trillion) reserves from dollars into euros.

... start to get rather worried.

[Charlie The Tramp Returns]

China: We Think The E U May Not Survive Crisis is moving from acute to "chronic"

I feel honoured that they come here and read my Anti-EU postings the past year.

The rumblings are getting louder and louder, Rumpy the damp rag`s tenure as the fool of the EU could now be in jeopardy and that nonce Ashton with her over the top insulting salary may leave her claiming Job seeker`s Allowance.

Oh how their dreams of a Socialist Super State is now looking less likely.

[Tiger Woods?]

When various and sundry talk about "speculators" getting their "faces ripped off", or talk about bondholders "sharing the pain", I bet the team standing closest to this powder keg...

... start to get rather worried.

Wasn't there an article posted on here recently about the Chinese saying something about supporting/helping to bail out the EU?...like Wylie Coyote desperately trying to put out the fuse though he knows true well what the outcome has always been in the past.

[Milton]

Our Democratic Union makes their Communist State look positively evenhanded.

Edited December 26, 2010 by Dan1

[Darkman]

I think we should allow all those bankers wanting to go to China to do so. One of two things will result:

1. Within a few years the bankers will do to China what they have done to the West.

You should be a military strategist. That idea has legs!