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--- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis

 
noreason
User ID: 1308089
Aruba
03/21/2011 09:00 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Portugese women are soo sexy...actually almost all woman way south ROCK..

wonder why...

Peace
sunder
User ID: 1271831
Portugal
03/21/2011 09:07 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
já agora... ilha da Madeira :P

Sócrates sucks!!!
Anonymous Coward
User ID: 1204153
United States
03/21/2011 09:09 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
the concept of money needs to be cast asunder....then we will be free of the bonds of servitude....
Anonymous Coward
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United States
03/21/2011 09:09 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Why don't they just sell Germany a bit of beach?
 Quoting: Anonymous Coward 1280210


Maybe the Spanish could sell us Mallorca scheming
 Quoting: Anonymous Coward 1246559


Why buy it? They already more Germans there than Spanish people lolsign
Anonymous Coward
User ID: 1302590
United States
03/21/2011 09:10 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
SOUNDS LIKE A PERSONAL PROBLEM
galdur

User ID: 1261910
Iceland
03/21/2011 09:11 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


Ok, I understand, you just want to troll or you are very stupid.

In case you didn’t understand, the US debt problems have reach the level of Greece's problems. The Dollar will collapse like the Euro...

byekitty
 Quoting: Anonymous Coward 1246559


Who cares about state debt? We will print up a few extra trillion then export 70% of the inflation to other countries.
 Quoting: Anonymous Coward 990655


Wrong. A falling dollar obviously imports inflation from others.
 Quoting: galdur


Not if 70% of dollars are held overseas shit for brains.
 Quoting: Anonymous Coward 990655


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
Anonymous Coward
User ID: 1302590
United States
03/21/2011 09:12 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
give


I DON'T EVEN BELIEVE THE BANKERS. THEY ONLY WANT MORE INFLATION FROM US WEALTH TRANSFER--TO PIIGS.
Anonymous Coward
User ID: 1204153
United States
03/21/2011 09:19 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


Who cares about state debt? We will print up a few extra trillion then export 70% of the inflation to other countries.
 Quoting: Anonymous Coward 990655


Wrong. A falling dollar obviously imports inflation from others.
 Quoting: galdur


Not if 70% of dollars are held overseas shit for brains.
 Quoting: Anonymous Coward 990655


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
 Quoting: galdur


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
Anonymous Coward
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United States
03/21/2011 09:26 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Portugal gov't nears collapse amid debt crisis

LISBON, Portugal (AP) -- Portugal's main opposition parties told the beleaguered minority government they won't budge from their refusal to endorse a new set of austerity measures designed to ease a huge debt burden that is crippling the economy. The new steps are likely to be rejected in a parliamentary vote expected Wednesday and the timing could not be worse. A defeat in the vote, Prime Minister Jose Socrates warned, would trigger his government's resignation, consigning Portugal to at least two months of political limbo just as officials were hoping to boost investor confidence in the country's future. "At this point, a political crisis is a big push towards the country resorting to outside help," Finance Minister Fernando Teixeira dos Santos said. The national political crisis also threatens to set back Europe's broader plan to stamp out the debt market jitters The national political crisis also threatens to set back Europe's broader plan to stamp out the debt market jitters.

[link to finance.yahoo.com]
 Quoting: Chris Jusset


Gawd this money system on this planet, it will never work, cannot work because all money carries interest. Perhaps the Chinese dragons who have taken over are going to squeeze the Rothchild's et all a bit too much.
Anonymous Coward
User ID: 1308167
Portugal
03/21/2011 09:47 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Why should there always be growth? Why? Who does it benefit to have growth?
 Quoting: Anonymous Coward 1301284


That's one of the most important and central questions that you could ask.

In our debt saturated world financial system (which relies on compound interest, wage inflation, housing inflation, and expanding employment), GDP GROWTH is necessary in order to keep the credit/debt house-of-cards from collapsing.

However, this GROWTH requires cheap oil ... but now that oil is over $100/bbl (Brent is over $110/bbl) ... and now that many alternative energy sources like NUCLEAR appear less attractive, GROWTH will soon be impossible.

At that point, the only thing keeping the house-of-cards intact will be massive MONEY PRINTING. Guess what ... that's exactly where the USA is right now.

siren2siren2siren2siren2siren2
 Quoting: Chris Jusset


Long live Zimbabwe!!!!!!!!

I have a one hundred trillion (Zimbabwe)dollars banknote.
You can find it dirt cheap on Ebay.

That's righ! One followed by fifteen zeros!

100.000.000.000.000

Guiness records stuff. You can find it dirt cheap on Ebay. In it's last days as currency, it could by a loaf of bread.

You can find it dirt cheap on Ebay. Just search "zimbabwe 100 trillion".

If you could trade it one (Zimbabwe)dollar for one euro, you would be able to pay all Europe's debt.

That is the way we are headed: United Europe of Zimbabwe!

Iceland, Ireland, Greece, first...

Clear the way! Here goes Portugal! Who is next? Please make an orderly line... we are civilised people... albeit completely nuts...

lolsign
Cosmogenesis11

User ID: 1307685
Turkey
03/21/2011 09:50 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
im Portuguese
had to come out of the Country...

exactly cause i say this for 10 years or more...

il tell u people dont have conscience...

they spend to much... consumerism

they show good big cars
but they are poor

show off only

the portuguese midlle class


and u cant say nothing them... cause they know everything.


our politicians are 89% corrupt and lyers has yours... lol


theres no integrity


rotchilds central bank working on pressing the people in portugal


familys are high in debt... crdit cards and house credit


and they wanna do what???

When gold was taken off line the backing of the fake money became clear ~ it is a ponzy scheme to bilk the world by indebting them, thus enslaving them to the buying and selling of the accrued interests. The Federal Researve, the IMF, the World Banking mobsters have created a debt creating machine that seems unstoppable.

Last Edited by Cosmogenesis12 on 03/21/2011 09:51 PM
Time is Art

WE ARE ONE

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ONE​NESS
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galdur

User ID: 1234399
Iceland
03/21/2011 09:54 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


Wrong. A falling dollar obviously imports inflation from others.
 Quoting: galdur


Not if 70% of dollars are held overseas shit for brains.
 Quoting: Anonymous Coward 990655


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
 Quoting: galdur


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
 Quoting: Anonymous Coward 1204153


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
galdur

User ID: 1234399
Iceland
03/21/2011 10:14 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Why should there always be growth? Why? Who does it benefit to have growth?
 Quoting: Anonymous Coward 1301284


That's one of the most important and central questions that you could ask.

In our debt saturated world financial system (which relies on compound interest, wage inflation, housing inflation, and expanding employment), GDP GROWTH is necessary in order to keep the credit/debt house-of-cards from collapsing.

However, this GROWTH requires cheap oil ... but now that oil is over $100/bbl (Brent is over $110/bbl) ... and now that many alternative energy sources like NUCLEAR appear less attractive, GROWTH will soon be impossible.

At that point, the only thing keeping the house-of-cards intact will be massive MONEY PRINTING. Guess what ... that's exactly where the USA is right now.

siren2siren2siren2siren2siren2
 Quoting: Chris Jusset


Long live Zimbabwe!!!!!!!!

I have a one hundred trillion (Zimbabwe)dollars banknote.
You can find it dirt cheap on Ebay.

That's righ! One followed by fifteen zeros!

100.000.000.000.000

Guiness records stuff. You can find it dirt cheap on Ebay. In it's last days as currency, it could by a loaf of bread.

You can find it dirt cheap on Ebay. Just search "zimbabwe 100 trillion".

If you could trade it one (Zimbabwe)dollar for one euro, you would be able to pay all Europe's debt.

That is the way we are headed: United Europe of Zimbabwe!

Iceland, Ireland, Greece, first...

Clear the way! Here goes Portugal! Who is next? Please make an orderly line... we are civilised people... albeit completely nuts...

lolsign
 Quoting: Anonymous Coward 1308167


Well, apparently Zimbabwe's money is worth more as eBay novelty than as actual money.

But about three years ago a roll of toilet paper containing about 300 sheets cost 900,000 Zimbabwe dollars. Fortunately Z$1000 bills were still in circulation, resulting in huge savings in this regard.
oniongrass

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United States
03/21/2011 10:15 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Guess who's gonna pay for it......

canny
 Quoting: °Epic°


Don't pay.

The debt is not owed to the German gov't is it? Talk your gov't out of bailing out your banks and you should be OK.
oniongrass

User ID: 1193082
United States
03/21/2011 10:21 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


Not if 70% of dollars are held overseas shit for brains.
 Quoting: Anonymous Coward 990655


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
 Quoting: galdur


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
 Quoting: Anonymous Coward 1204153


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
 Quoting: galdur


The US people never wanted to be the attack dog. We didn't even want to enter WWI or WWII. We are extremely weary of it.

But the government never gets tired of it. Hillary gave some good lip service a couple weeks ago, complaining the US has to do the dirty work for other countries. But now we are doing it in Libya again. Day 1: 100+ cruise missiles. Day 2: 40 bombs from B-2 bombers. It's not speculative; we've already done it.

Fuck. Sorry, we couldn't stop it this time either. We were taken by surprise just as much as you were. Our Speaker of the House, John Boehner, has demanded an explanation. But Obama, our Commander in Chief, is off in Brazil as his orders to drop the bombs are executed.
Monkeyfister

User ID: 1248075
United States
03/21/2011 10:38 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Portugal needs to pull an "Iceland" move, and tell them all to bugger off.

Last Edited by Monkeyfister on 03/21/2011 10:39 PM
"I'm the bride at every funeral, I'm the corpse at every wedding..." --Brother Theodore
... and don't blame me-- I voted for Bob Barr in 2008.
Only COWARDS hide behind anonymous Karma.
galdur

User ID: 1234399
Iceland
03/21/2011 10:38 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
 Quoting: galdur


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
 Quoting: Anonymous Coward 1204153


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
 Quoting: galdur


The US people never wanted to be the attack dog. We didn't even want to enter WWI or WWII. We are extremely weary of it.

But the government never gets tired of it. Hillary gave some good lip service a couple weeks ago, complaining the US has to do the dirty work for other countries. But now we are doing it in Libya again. Day 1: 100+ cruise missiles. Day 2: 40 bombs from B-2 bombers. It's not speculative; we've already done it.

Fuck. Sorry, we couldn't stop it this time either. We were taken by surprise just as much as you were. Our Speaker of the House, John Boehner, has demanded an explanation. But Obama, our Commander in Chief, is off in Brazil as his orders to drop the bombs are executed.
 Quoting: oniongrass


Well, I guess it´s among the burdens of having a huge armaments industry. You don´t just fill all available warehouses with bombs and then go out of business. No, of course like other businessmen you try to create business to get rid of the inventory. Now, armaments and war are just a step away from politicians and policymakers and it so happens that it´s all funded and controlled by big business. And who questions the bills for $1000 hammers when it´s a righteously manufactured war for god and country? They even provide you with the most business friendly election results through their own polling machines.
Anonymous Coward
User ID: 1305345
United States
03/21/2011 10:46 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Jews destroy yet another country.
Anonymous Coward
User ID: 1175267
United States
03/21/2011 10:47 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
fuck the investor, they can all be executed.
Waterbug

User ID: 1295673
United States
03/21/2011 10:48 PM

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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
 Quoting: Anonymous Coward 1204153


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
 Quoting: galdur


The US people never wanted to be the attack dog. We didn't even want to enter WWI or WWII. We are extremely weary of it.

But the government never gets tired of it. Hillary gave some good lip service a couple weeks ago, complaining the US has to do the dirty work for other countries. But now we are doing it in Libya again. Day 1: 100+ cruise missiles. Day 2: 40 bombs from B-2 bombers. It's not speculative; we've already done it.

Fuck. Sorry, we couldn't stop it this time either. We were taken by surprise just as much as you were. Our Speaker of the House, John Boehner, has demanded an explanation. But Obama, our Commander in Chief, is off in Brazil as his orders to drop the bombs are executed.
 Quoting: oniongrass


Well, I guess it´s among the burdens of having a huge armaments industry. You don´t just fill all available warehouses with bombs and then go out of business. No, of course like other businessmen you try to create business to get rid of the inventory. Now, armaments and war are just a step away from politicians and policymakers and it so happens that it´s all funded and controlled by big business. And who questions the bills for $1000 hammers when it´s a righteously manufactured war for god and country? They even provide you with the most business friendly election results through their own polling machines.
 Quoting: galdur


Military Industrial Complex. We were warned. Eisenhower in '61. [link to www.youtube.com]
galdur

User ID: 1234399
Iceland
03/21/2011 11:07 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
 Quoting: galdur


The US people never wanted to be the attack dog. We didn't even want to enter WWI or WWII. We are extremely weary of it.

But the government never gets tired of it. Hillary gave some good lip service a couple weeks ago, complaining the US has to do the dirty work for other countries. But now we are doing it in Libya again. Day 1: 100+ cruise missiles. Day 2: 40 bombs from B-2 bombers. It's not speculative; we've already done it.

Fuck. Sorry, we couldn't stop it this time either. We were taken by surprise just as much as you were. Our Speaker of the House, John Boehner, has demanded an explanation. But Obama, our Commander in Chief, is off in Brazil as his orders to drop the bombs are executed.
 Quoting: oniongrass


Well, I guess it´s among the burdens of having a huge armaments industry. You don´t just fill all available warehouses with bombs and then go out of business. No, of course like other businessmen you try to create business to get rid of the inventory. Now, armaments and war are just a step away from politicians and policymakers and it so happens that it´s all funded and controlled by big business. And who questions the bills for $1000 hammers when it´s a righteously manufactured war for god and country? They even provide you with the most business friendly election results through their own polling machines.
 Quoting: galdur


Military Industrial Complex. We were warned. Eisenhower in '61. [link to www.youtube.com]
 Quoting: Waterbug


You even get the most sickening ideology to promote this war business, like "creative destruction". This originally derived from Marxist theory but has in recent times mostly been pushed by U.S. Neocons. Look up this psychotic ideology and you will understand better what amoral forces control your government.
Anonymous Coward
User ID: 1301792
United States
03/21/2011 11:17 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Guess who's gonna pay for it......

canny
 Quoting: °Epic°


Lemme guess ... ... hmmm ... ... GERMANY will pay for it!
 Quoting: Chris Jusset


Germany will be the biggest payer but the rest of northern European nations have their own share to pay because of those fucking southern European scum countries...fuck them.
 Quoting: Anonymous Coward 1300780


Educate yourself before saying non-sense
wtf
 Quoting: Anonymous Coward 1307886


popcorn
Anonymous Coward
User ID: 1301792
United States
03/21/2011 11:24 PM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
...


The dollar is near a decades low. The scam isn´t working. The U.S. is so totally bankrupt that for the first time in a century its ruling elite actually hesitates to jump into what used to be a sure thing business proposition - WAR. I guess it can be too much of a good thing when you end up bankrupt in endless wars on multiple fronts.
 Quoting: galdur


The elite won't let the US fall, we're the war mongering militaristic "enforcers" that keep the Eurozone safe and compfy in their stutus of wealth...ie we do the dirty work for the french and germans
 Quoting: Anonymous Coward 1204153


There is certainly some truth in that. You could even say that the Middle East is mostly about European logistics, procurement of energy from there and goods from the Far East and the most efficient transport of all that through the Suez Canal. Maybe it´s more that the US is getting tired of acting as an attack dog than its being weary of impossibly costly wars.

When I refer to the US as being bankrupt, I mean this in an external sense, they can always draw in their lines for a time to gather strength within their own system. It´s an extremely diversified economy and could very well be self-sufficient if it had to.
 Quoting: galdur


The US people never wanted to be the attack dog. We didn't even want to enter WWI or WWII. We are extremely weary of it.

But the government never gets tired of it. Hillary gave some good lip service a couple weeks ago, complaining the US has to do the dirty work for other countries. But now we are doing it in Libya again. Day 1: 100+ cruise missiles. Day 2: 40 bombs from B-2 bombers. It's not speculative; we've already done it.

Fuck. Sorry, we couldn't stop it this time either. We were taken by surprise just as much as you were. Our Speaker of the House, John Boehner, has demanded an explanation. But Obama, our Commander in Chief, is off in Brazil as his orders to drop the bombs are executed.
 Quoting: oniongrass


clappa

Most Americans didn't want to go into WWI...Most Americans didn't want anything to do with WWII and they had to be tricked into fighting...honestly, most Americans don't want to be bothered with fighting in other people's countries. Bush was very clever not to institute a draft, because that would be one of the fastest ways to start a revolution at home.

Obama is one piece of work..he should give back that Nobel Peace Prize. He's just as bad as Bush, illegally ordering bombing another country which hasn't done anything to us, and then skipping town for a nice vacation in a party capitol. Screw them all...but we don't even get a chance to protest...the media is 100% owned at this point. We're fucked but good.
Signas
User ID: 1248634
United States
03/22/2011 12:46 AM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Seems that Ireland is preparing to give Germany a big FU on the 24th. This could get interesting. Germany invades Ireland. LOL
Anonymous Coward
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United States
03/22/2011 01:02 AM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Guess who's gonna pay for it......

canny
 Quoting: °Epic°


Lemme guess ... ... hmmm ... ... GERMANY will pay for it!
 Quoting: Chris Jusset


Germany will be the biggest payer but the rest of northern European nations have their own share to pay because of those fucking southern European scum countries...fuck them.
 Quoting: Anonymous Coward 1300780


You are an idiot and you know nothing about history. Southern european countries countributed much more to the world than scandinivian ones. Go read some History books you retarded.
 Quoting: Anonymous Coward 1293837


lulz?
Anonymous Coward
User ID: 1229673
United States
03/22/2011 01:32 AM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
THEY SHOULD HAVE DONE LIKE ICELAND AND LET THEIR FUCKING FUCKED UP BANKS GO STRAIGHT TO HELL- TIED EM UP IN THE CORNER AND SAID "HEY BANKER ASSHOLES- GET YOUR SHIT TOGETHER OR GO TO JAIL" THEN PUT A BUNCH OF TIGHT REGULATIONS ON THEM SO THEY CAN NEVER DO THAT SHIT AGAIN.

GUESS WHAT? ICELANDS ECONOMY IS NOW DOING BETTER THAN ANYONE ELSE - ESPECIALLY THE DUMBFUCKS WHO BAILED OUT THE BANKS.
Anonymous Coward
User ID: 1308436
Canada
03/22/2011 01:58 AM
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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Portugal needs to pull an "Iceland" move, and tell them all to bugger off.
 Quoting: Monkeyfister


We shall see, problem is with iceland it was not the goverment or the country debt itself that was the problem, it was their main banks that overextended themselves, so the icelandic goverment told them u aint getting a bail out and let them fail, with portugal its the goverment itself that has no money they are in the same situation as the us, officially the us is

bankrupt they just got a renewal of funds from congress to run the country until april and then goes to a vote again, where do these funds come from, they sell bonds to the central reserve which then creates money from thin air, problem is the more bonds you create the more you dilute the worth of the dollar, same with portugal, the current goverment wants the parlament to allow the creation of more funds, but the

oposition party is saying screw you, at this point i think the good route is to just let the country go bankrupt yes it will hurt but at least u offload alot of your debt that way.
Lux Aæterna

User ID: 1308718
Portugal
03/22/2011 07:33 AM

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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Ys it's true, tomorrow PM José Sócrates gov will fall. In some days ahead IMF will enter and rescue the country. Sad thing happening in my country...
 Quoting: Anonymous Coward 1307874


Frankly, any country whose leader's name is Jose Socrates deserves to fail.

That's what you get for electing a super-villain.

Hey, wait a minute...Baraq Hussein....shit!
 Quoting: Comedian


:ohyeah
applause2
The meek shall inherit the Earth.
Jesus of Nazareth
Chris Jusset (OP)

User ID: 1202409
United States
03/22/2011 07:39 AM

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Re: --- BREAKING --- Portugal Govt nears Collapse Amid Massive Debt Crisis
Obama should give back that Nobel Peace Prize. He's just as bad as Bush.
 Quoting: Anonymous Coward 1301792


Can anyone with a straight face support Obama's receipt of the Nobel Peace Prize? Yeah, what a joke.

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