ocean conditions are changing due to Rapid Global Climate Shift

Rio+20 Earth Summit results in nonbinding declaration with moderate goals

 

If the Euro Zone Breaks Up, the World’s Poorest Countries Could Suffer Most

 

New world global Economics like its politics is such a bunch of baloney.

When you move money from rich countries to poor countries, only a certain number of already rich people get richer. The money never gets to the poor. Example, Haiti, Africa, etc... Their government officials and the NGO's get the millions, the poor get a few bags of beans and rice. If they would spend the millions on education like India did in the 70's and 80's then their per capita hunger would could down as the nations Real GDP goes up.

Giving money never solves any problems if the people along the way are taking it.

 

We sure could use one of those titanium shovels to clear away all the BS.

 

I haven't been reading this thread because of the hysteria.

Perhaps this might be a "titanium shovel" hoytedow wants.

http://www.torontosun.com/2012/06/22/green-drivel

Please realize I don't doubt that the climate is getting hotter, just the hysteria about people and the end result. There are clear records that climate changes historically.

 

It was the poor countries that bakrupted the EU.
The EU thinking it had enough cash to give handouts to poor countries, what a laugh!
PS that actually expains the whole EU excpet they were loans so once again dumb anough to think they would get it back

 

I didnt know the EU was bankrupt--when did that happen.

The EU is handing out cash --billions of it and no one is laughing.

Perhaps your forgetting every country in the world is hardly having a hay day

 

It really isn't that simple, you know. Ask yourself why the EU wanted new members to begin with. It certainly wasn't so they could expand their charitable donations to the poor.... and it wasn't because they're 'dumb.'

 

So have the AGW enthusiasts tried to make this science false yet?

http://www.friesian.com/crichton.htm

 

Try http://webcache.googleusercontent.c...://www.torontosun.com/2012/06/22/green-drivel instead.

 

The powers that be who knew the financial situation then and now attemptted the "we are too big to fail" financial model hence plug in more countries regardless...
Unfunded pension liability is and will for the next 20 years cripple most of the EU countries

 

With all due respect, that explanation makes no sense at all to me. Plugging more and more weak components into a crumbling structure would just hasten its demise -- because ultimately no one is too big to fail, unless there's someone even bigger who wants to rescue them.

Who are these 'powers that be' you speak of? Who's powerful enough to lead that many countries to financial ruin for their own benefit, and how do they plan to survive the impact when everything hits bottom??

 

Looks like we got a replacement for masalai.

 

The EU plugged the likes of Greece in for either the above or Ego or whatever?
Greece never issued financial statement to the EU central bank yet they still went ahead with the result today that no-one is surprisd with.
Everyone played on Germany still apoligising for the war via we will send you our cash to make a fundamentally flawed financial system appear legit.
( Germany sends every French farmer how much each year..?)
There are/were old school polititians who lived through WWII who were all for the union as a means to prevent any further wars which in IMHO was a good idea to meet that solution, they had financial rules each country had to meet in order for there to be a monitary union but in later years was thrown out the door when it seemed to become an egotisical socialiast plot or something..new world order etc etc...?
The UK and seveal others were smart enough to know this would lead to today and stayed out.
The too big to fail senario has come from the old school polititians who are only interested in ensuring the system lasts till they retire.
Most of the power in most of EU is with polititans who are at or over retirement age.
Young people have watched this happen over the last 10 years and now that they have lost their jobs only see the above.
Greece was keen to join otherwise it would have done an Argentina.
Everyone in the financial world knows that current fudge has just delayed the default to later rather than sooner

Ask a young person in the street and they quite often say lets default have 10 years pain and then we will have a chance to live at least as well as our parents when we retire.

Not being trapped in that system I can only imagine how painfull it must be to see 50% of your taxable income ( in many EU countries) being used to pay debt and pensions of a problem that the young have neither caused not benefitted from and that that level of tax is not going to be reduced in their lifetime.
They are looking at a miserable working career and low to no pensions.
How can it tax ever go down, Greece is broke and can never repay the current debt level, they have already had a 100billion Euro gift ( who paid for that?)and yet the fix was to loan them more money..Enron or what??
What happens when the banking sector is bankrupt..they consolidate..does that fix anything..no they just become too big to fail and every American knows that..how much money did you give to the bankrupt crooked bankers that you will never see returned and you already had a debt how big?

 

Greece cheated with thier entry into the EU. they bought the services of a large American banker to disguise the problem. Also many countries at that time had bought the American sub prime mortgage debt packages with a ribbon on in 2008.