General Discussion

cthulu2016

(10,960 posts)

12. I would like to see an estimate of

Wed May 2, 2012, 08:42 PM

May 2012

what the unemployment rate would be in each country if they were all in fiscal sync with Germany. I assume it would be some big numbers... 35% in Greece, 25% in Italy, etc.

(Since unemployment is always nominally higher in Europe that might be low.)

Since they are all democracies I doubt the euro could have survived any major down-turn... how do you tell people, "We're have 30% unemployment here because it is important that we not borrow money so that our bond interest rates will stay comparable to Germany's"

Who would vote for that? Okay... Americans, but who else? (joke, but not a joke)

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Europe Still Slouching Toward Catastrophe [View all] MindMover May 2012 OP

Facts are ambiguous , Questions & Results orpupilofnature57 May 2012 #1

You might want to look at this website for more facts..... MindMover May 2012 #2

It's full of information and shows the 1% orpupilofnature57 May 2012 #7

Well, that pretty much sums up the greed factor....now, what to do about it...? MindMover May 2012 #8

Make ' Narcissistic Fibrosis ' punishable by orpupilofnature57 May 2012 #11

there is no solution now - the Greeks lied their way into the Euro banned from Kos May 2012 #3

It's more than that, though. cthulu2016 May 2012 #6

You're right, of course. You know your shit and so do I. banned from Kos May 2012 #10

I would like to see an estimate of cthulu2016 May 2012 #12

Yes... and No cthulu2016 May 2012 #4

The West - America included - is suffering from xchrom May 2012 #5

Unchecked Authorities relying on Expert Advisor's orpupilofnature57 May 2012 #9