greek 1 yr rate 60%

[Large Sarge]

http://globaleconomicanalysis.blogspot.com/2011/08/greece-1-yr-rate-60-finland-retains.html

[Neuro]

So Finland demands bailout collateral. Could be a bit difficult to move the Acropolis to Helsinki. Or would they prefer the trademark of the Zorba dance?

Interesting also that it is illegal for the ECB to buy individual countries bonds, but they have bought hundreds of Billions already. I think the European Union will be practically dissolved within two years. Maybe a loose North EU will form comprised of Germany, Holland, Denmark, Sweden, Norway, Finland...

[palani]

Maybe a loose North EU will form comprised of Germany, Holland, Denmark, Sweden, Norway, Finland...

A 4th Reich?

When history lessons fail they must be repeated.

[Eyebone]

A 4th Reich?

When history lessons fail they must be repeated.

Maybe, but they still have the problem of ridding themselves of those parasites.

[palani]

Maybe, but they still have the problem of ridding themselves of those parasites.

Foreigners and their problems are best ignored.

Culpa est immiscere se rei ad se non pertinenti. It is a fault to meddle with what does not belong to or does not concern you.

[Neuro]

A 4th Reich?

When history lessons fail they must be repeated.

Probably that is how it will be spun. But these are the countries of Europe where they have a fiscal discipline. Norway is not a member of EU. Denmark and Sweden are not in the Eurozone. Culturally they are not far apart, consists of populations that are have a working ethics. I don't think they will go into a tight union as the EU disintegrates, but they may decide to keep a freetrade zone, and open borders with each other. As the economies of Southern Europe collapses, the populations of these will look north for a better life, and these countries will be hurt by the costs of the loans they gave them will simply close the borders to immigration. Or they will go under too. They simply cannot afford to be generous...

[Eyebone]

Probably that is how it will be spun. But these are the countries of Europe where they have a fiscal discipline. Norway is not a member of EU. Denmark and Sweden are not in the Eurozone. Culturally they are not far apart, consists of populations that are have a working ethics. I don't think they will go into a tight union as the EU disintegrates, but they may decide to keep a freetrade zone, and open borders with each other. As the economies of Southern Europe collapses, the populations of these will look north for a better life, and these countries will be hurt by the costs of the loans they gave them will simply close the borders to immigration. Or they will go under too. They simply cannot afford to be generous...

Lets hope so, we cannot continue this cat lady mentality.

Fifty years of looking out for ourselves will solve the overpopulation problem.

Hell, two years.