Jump to content
House Price Crash Forum
Realistbear

China: We Think The E U May Not Survive

Recommended Posts

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 by Realistbear

Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites
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. :rolleyes:

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. :D

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

Share this post


Link to post
Share on other sites

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.

Share this post


Link to post
Share on other sites

Our Democratic Union makes their Communist State look positively evenhanded.

Edited by Dan1

Share this post


Link to post
Share on other sites

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!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 294 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.