Quote:
Originally Posted by airholland
I quote a analyst as you can see.
It may be big problems, the problems are bigger in the us.
How much feedback can you give over these few lines 
Our banks lost billions in America, it is the dutch bankers own fault, but it started in the us.
We 'll see what last longer, the dollar, the new Amero, the euro or our original guilder. |
This is what German Chancellor Angela Merkel said today to German parliament in effort to get them to approve bailing out Greece:
"Nothing less than the future of Europe is at stake. The happy tale of German history since World War Two and our emergence as a free, united, and strong country cannot be separated from the European Union. We owe decades of peace and prosperity to the understanding of our neighbours. Europe today is looking to Germany. As the strongest economy in Europe, Germany has a special responsibility and it takes this responsibility to heart. Immediate help is needed to ensure the financial stability of the eurozone. This must be done to avoid a chain-reaction to the European and international financial system, and contagion to other eurozone states. There is no alternative."
Did she make any mention there of the US being the cause of this problem? No, because the US is not to blame for this mess.
The chart below will give you an idea of the problem.
