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dixiegrrrrl

(60,010 posts)
Thu Mar 21, 2013, 07:01 PM Mar 2013

Bernanke does it again!!!! " the Cyprus problem with "be contained" to Europe."

"The continuing Cyprus banking meltdown reverberating across the euro zone likely will be contained on that side of the Atlantic, Federal Reserve Chairman Ben Bernanke said Wednesday.

Mr. Bernanke is “not seeing a major risk to the U.S. economy” due to the crisis, he said at a press conference,
though he acknowledged Cyprus faces a “difficult situation.”
http://blogs.wsj.com/economics/2013/03/20/bernanke-doesnt-see-major-risk-from-cyprus/

remember when he said in July 07 that "the subprime crisis is contained"?????
and
" we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited,”
http://www.forbes.com/2007/05/17/bernanke-subprime-speech-markets-equity-cx_er_0516markets02.html

8 replies = new reply since forum marked as read
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Bernanke does it again!!!! " the Cyprus problem with "be contained" to Europe." (Original Post) dixiegrrrrl Mar 2013 OP
I wouldn't buy a used car from that man. Autumn Mar 2013 #1
Seriously. ananda Mar 2013 #2
The Great Burrrnack Newest Reality Mar 2013 #3
Remain calm. All is well. pintobean Mar 2013 #4
Uh-oh, that means we're in deep shit. Marr Mar 2013 #5
Exactly! So, he does serve a purpose...a wind sock. dixiegrrrrl Mar 2013 #7
Is there a person in Cyprus that is a Bernank? Does he have a helicopter? Safetykitten Mar 2013 #6
that is one of the problems of the EU.. dixiegrrrrl Mar 2013 #8

Newest Reality

(12,712 posts)
3. The Great Burrrnack
Thu Mar 21, 2013, 07:06 PM
Mar 2013

has spoken.

Remember what happened with the Oz head?

Well, at least he is not asking us to get the Wicked Witch's broom.

 

Marr

(20,317 posts)
5. Uh-oh, that means we're in deep shit.
Thu Mar 21, 2013, 07:13 PM
Mar 2013

Guys like that can always be counted on to feed the public information that is 180 degrees wrong in situations like this.

dixiegrrrrl

(60,010 posts)
8. that is one of the problems of the EU..
Thu Mar 21, 2013, 07:55 PM
Mar 2013

each member country has to accept IMF/Europe Central Bank rules, they are no longer sovereign over their own money, they all share the Euro.

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