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Thom Hartmann: The Euro crisis... are we as badly f***ked as it looks?

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thomhartmann Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 11:56 AM
Original message
Thom Hartmann: The Euro crisis... are we as badly f***ked as it looks?
 
Run time: 12:37
https://www.youtube.com/watch?v=6AYdcS9elwM
 
Posted on YouTube: November 30, 2011
By YouTube Member: TheBigPictureRT
Views on YouTube: 73
 
Posted on DU: November 30, 2011
By DU Member: thomhartmann
Views on DU: 1363
 
Professor Richard Wolff, New School University NYC joins Thom Hartmann. The Eurozone is creeping closer and closer to spiraling into an economic abyss. And the biggest economy in Europe has MAJOR reservations about riding in on a white horse to save the day.

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings
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HCE SuiGeneris Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:48 PM
Response to Original message
1. A MUST watch!
K & R
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zanana1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:54 PM
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2. Thanks for the primer on world economy.
I had to go through it twice to understand it fully. It helped me see how huge and interrelated this whole mess is. Thank you.
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:55 PM
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3. If economies in the US
and Europe are so bad, why are they giving money MORE MONEY to the Banksters? Give it to the fucking people and let them spend it.

I can't believe what I'm seeing today....Banksters getting more money to play with in the stock, bond, commodities markets.

:wtf: :wtf: :wtf: :wtf: :argh:
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Amonester Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 01:39 PM
Response to Reply #3
4. Yep. Central banks(tering) all over the world jump in for the 1%.
Edited on Wed Nov-30-11 01:40 PM by Amonester
Again.

At 'preferencial' rates...

Lot's of 'well-connected' (read 'big-kickbacks-donors') are back in the worldwide casino.

Screw the rest (99.99%) who will have to pay (if not with all they have, it will be in blood-and-tears).
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femrap Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 04:03 PM
Response to Reply #4
7. It's the Audacity
of Austerity. I don't know how much further the Central Banks can kick the can down the road, but when that can hits the fan, it's going to be very ugly.

Even China dropped the percentage on what the banks have to hold in reserves.

I guess that's why sabers are being rattled over Iran...another war to distract the sheeple. WW3: The Crusades of Xtians vs. Muslims. I want no part of it.

Let the Zealots kill each other and leave the Collateral alone for a change.

My head hurts.
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 01:49 PM
Response to Original message
5. K&R-clear and to the point, not the usual wall st/dc mumbo jumbo
so everyone becomes more confused than they already are--the rulers want the 99% to be confused and in chaos-just like shock & awe and perpetual wars...keep them busy while we continue to rob the world to ruination.
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Jack Rabbit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 02:25 PM
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6. K/R
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