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girl gone mad

(20,634 posts)

11. You should really stop listening to Erin Burnett.

Reply to dkf (Original post)

Mon Jun 11, 2012, 07:47 PM

Jun 2012

The U.S. can't bail out Europe. It's technically impossible. Our government can only issue dollars, not euros. We can swap our dollars for euros, but this merely provides European banks with slightly increased liquidity since most of their liabilities are owed in Euros.

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CNN's Erin Burnett discussed potential $6 trillion US bailout of Europe. [View all] dkf Jun 2012 OP

That'll calm the markets down for what, two weeks? bluestateguy Jun 2012 #1

No big deal.. kentuck Jun 2012 #2

Why are we going to bail out Europe? MadHound Jun 2012 #3

WTF are we going to use to bail Europe out, we don't have any money! teddy51 Jun 2012 #4

What's that? I can't hear your over the noise of the printing press.... think Jun 2012 #6

This message was self-deleted by its author devilgrrl Jun 2012 #8

Just say no. sufrommich Jun 2012 #5

Well, Erin is officially gone full bore NUTCASE then banned from Kos Jun 2012 #7

Everybody in Europe gets a wheelbarrow full of money... kentuck Jun 2012 #9

It's not bailing out Europe, it's bailing out their and our bankers. snot Jun 2012 #10

Yep. The Banks Get Bailed Out. Yavin4 Jun 2012 #13

You should really stop listening to Erin Burnett. girl gone mad Jun 2012 #11

The Left and Right in the USA would revolt in the streets jpbollma Jun 2012 #12

Yes I'm not sure she didn't throw that out just as a gimmick...it certainly made my ears perk up. dkf Jun 2012 #16

Marshall Plan II? pampango Jun 2012 #14

The Marshall Plan was designed to counteract a global DOLLAR shortage... girl gone mad Jun 2012 #15

Burnett began her career as a financial analyst for Goldman Sachs GeorgeGist Jun 2012 #17