Article

2009-02-15 Europe

Europe's economic slump deeper than expected

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Posted by Steve White 2009-02-15 00:00|| E-Mail|| Front Page|| [11130 views ] Top

#1 Italy badly needs to devalue but can't obviously. Who drops the Euro first? Spain, Italy or Greece?

Posted by .5MT 2009-02-15 06:07|| www.cybernations.net]">[www.cybernations.net] 2009-02-15 06:07|| Front Page Top

#2 Europe also performed more poorly than the United States

Give the One time.

Posted by g(r)omgoru 2009-02-15 06:33|| 2009-02-15 06:33|| Front Page Top

#3 Who drops the Euro first? Spain, Italy or Greece?

Probably Ireland

Posted by tipper 2009-02-15 06:52|| 2009-02-15 06:52|| Front Page Top

#4 Let's see..........

During a worldwide economic downturn, Europe is worse off than the U.S.

One of our major political parties' policies is to make us more like Europe, knowing full well that this is the case.

Have I got that right?

Posted by no mo uro 2009-02-15 07:08|| 2009-02-15 07:08|| Front Page Top

#5 Europe sank even deeper into recession than the United States in the closing months of last year..

Han Solo: You said you wanted to be around when I made a mistake, well, this could be it, sweetheart.
Princess Leia: I take it back.

Posted by Procopius2k 2009-02-15 07:41|| 2009-02-15 07:41|| Front Page Top

#6 Wow Tipper, yeah, that happened suddenly. Still I have faith that Irelands economic structure is sounder than Italys in the medium to long-term.

Posted by .5MT 2009-02-15 08:10|| www.cybernations.net]">[www.cybernations.net] 2009-02-15 08:10|| Front Page Top

#7 ...the recession, which started in the United States before spreading to most of the rest of the world.

Just one more thing for Europe to blame on us...

Posted by Raj 2009-02-15 08:41|| 2009-02-15 08:41|| Front Page Top

#8 The G7 is just one more group like the UN and NATO that should only have one seat for Europe.

The EU wants to act like a nation than they should betreated as a single nation.

Posted by AlanC 2009-02-15 08:59|| 2009-02-15 08:59|| Front Page Top

#9 ...the recession, which started in the United States before spreading to most of the rest of the world.

Just one more thing for Europe to blame on us...

...because they need someone the blame because their bankers and investors held a lot of bad paper (sub-primes et al) because investing in Europe has been made unsustainable by socialist governments and programs whom the Euros voted and continue to vote into power. Don't expect them to figure it out.

Posted by Procopius2k 2009-02-15 12:12|| 2009-02-15 12:12|| Front Page Top

#10 A failure rate of 10pc would lead to the collapse of the Austrian financial sector," reported Der Standard in Vienna. Unfortunately, that is about to happen

Posted by Bright Pebbles the flatulent 2009-02-15 14:11|| 2009-02-15 14:11|| Front Page Top

#11 ...the recession, which started in the United States before spreading to most of the rest of the world.

Because despite the best efforts of various and sundry parties, our financial system is still more transparent than Europe's.

Posted by trailing wife ">trailing wife 2009-02-15 15:06|| 2009-02-15 15:06|| Front Page Top

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