Topic: The EU financial crisis summed up

Anonymous A started this discussion 15 years ago #13,116

- hey guys it's all looking good, the economy is stable
- hurr fiat
- money created out of thin air
- derivatives, derivatives everywhere
- hey let's lend money to people that can't pay it back
- Bush: let's lessen regulation durr
- collapse of everything ever
- Obama: let's remove regulation derpitydoo
- meanwhile in Europe
- oh shit greece why did you lie about your 15% deficit and your massive debt
- oh well goldman sachs told me it was okay!!!!
- ireland what the fuck are you doing? idunnolol
- meanwhile, MARKETS and SPECULATION
- oh shit portugal here, I can't pay for new loans due to this retarded high interest rates
- italy here, it's not going well
- spain: durr what are job is, 20% unemployment is no problem fuck off EU socialism strong!
- START THE PRESSES, PRINT MORE MONEY
- MORE PRINTING
- MORE
- PRINTING
- PRINTTTTTTTT

dreamworks !AUIkTW/L46 joined in and replied with this 15 years ago, 2 minutes later[^] [v] #236,054

we have a conservative government now fora
expect to give us money within the next month

Anonymous C joined in and replied with this 15 years ago, 6 hours later, 6 hours after the original post[^] [v] #236,324

the argument for regulation is retarded

we can't trust people to make good decisions so we need regulation... made and enforced by people

lol

Minichan