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unblock

(56,256 posts)

7. not directly, but the effects will certainly be felt

Mon May 7, 2012, 02:49 PM

May 2012

to whatever extent banks feel under greater pressure and try to cover expected losses by charging even more annoying fees, we'll feel it.

and to whatever extent european policies shift to promote growth, we'll feel that to.

my expectation is that the former will be felt first, but the latter will be the more profound.

in terms of us politics, this is a negative for democrats for 2012 due to the timing and the rhetorical advantage to republicans (they can better paint obama as part of some socialist threat).

but in the long run, this is good for america and for democrats (assuming obama wins re-election).

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Does anyone actually believe that European elections mean anything to the American electorate? [View all] ProSense May 2012 OP

Of course European elections mean very little - it's not like truedelphi May 2012 #1

Are you kidding? Most Americans probably couldn't find those European sinkingfeeling May 2012 #2

There may be a 'trickle down' effect to the U.S. randome May 2012 #3

No. It's not like European countries follow in the US's footsteps either. Quantess May 2012 #4

Well, we know for .. 99Forever May 2012 #5

I think the GOP will make hay with it Courtesy Flush May 2012 #6

not directly, but the effects will certainly be felt unblock May 2012 #7

Silly premise FogerRox May 2012 #8

Not really ProSense May 2012 #9