And this guy wants to lead the country. Really.
Spain received 100 Billion Euro- 125 Billion Cdn for their banks- And more to come-
So how many Billions would it take for Mulcair to consider we have helped- 50- 80- 100 Billion- We have good credit as a country.
Come on Thomas - Tell us how much beef do we throw at an fffn sink hole before we have done our part.
The EU is a freaking financial disaster-
Greece
Portugal
Ireland
Spain
Italy is next on the list for a bailout -
France will be the next on the bloc- the new President is lowering the age of retirement back to 60. They cannot afford it - but a good Socialist will pass the law.
Spain was led off the cliff by Socialists as well.
Italy - mix of both and a ton of corruption.
France- Changing laws to keep unproductive employees employed- The Debt to GDP is rising
So the Bond market will have Italy then France on the list.
The EU has the funds to prevent these runs but no Political will - Imagine having 27 Govts having to agree on certain bailouts- Looks like a Clusterfuk to me Sir
The EU does not have the political will or the legal framework to attack this problem in the way the US did.
They plan to have fiscal integration over the next 10 years- Read that as much longer.
They have 6 months to a year.
A recession in the EU will impact Central and Eastern Canada the hardest.
Impact on the West - small change.
Thomas Mulcair takes heat over push to aid European countries in financial crisis | News | National Post
NDP leader Thomas Mulcair was the target of Conservative criticism in Question Period on Monday over his apparent support of Canada coughing up money to help European nations on the brink of financial collapse.
The exchange between the parties began last Wednesday when Mr. Mulcair criticized Prime Minister Stephen Harper for his government’s reprimand of European nations and his unwillingness to work with other G20 countries to come up with a plan to weather Europe’s worsening financial crisis.
“Mr. Speaker, the Prime Minister pretends to be concerned now, but two months ago in Washington the Conservatives were singing a different tune.
“At the G20 meeting in April, the Minister of Finance led the effort to block an international plan to resolve the European economic crisis. He told European countries “to step up to the plate” and fix the problem on their own, as if our fate were not intimately connected to theirs, and he gets applause for that from the peanut gallery.
“When will the Conservatives stop lecturing European countries and put forward a real plan to protect and create jobs here in Canada?”
Spain received 100 Billion Euro- 125 Billion Cdn for their banks- And more to come-
So how many Billions would it take for Mulcair to consider we have helped- 50- 80- 100 Billion- We have good credit as a country.
Come on Thomas - Tell us how much beef do we throw at an fffn sink hole before we have done our part.
The EU is a freaking financial disaster-
Greece
Portugal
Ireland
Spain
Italy is next on the list for a bailout -
France will be the next on the bloc- the new President is lowering the age of retirement back to 60. They cannot afford it - but a good Socialist will pass the law.
Spain was led off the cliff by Socialists as well.
Italy - mix of both and a ton of corruption.
France- Changing laws to keep unproductive employees employed- The Debt to GDP is rising
So the Bond market will have Italy then France on the list.
The EU has the funds to prevent these runs but no Political will - Imagine having 27 Govts having to agree on certain bailouts- Looks like a Clusterfuk to me Sir
The EU does not have the political will or the legal framework to attack this problem in the way the US did.
They plan to have fiscal integration over the next 10 years- Read that as much longer.
They have 6 months to a year.
A recession in the EU will impact Central and Eastern Canada the hardest.
Impact on the West - small change.
Thomas Mulcair takes heat over push to aid European countries in financial crisis | News | National Post
NDP leader Thomas Mulcair was the target of Conservative criticism in Question Period on Monday over his apparent support of Canada coughing up money to help European nations on the brink of financial collapse.
The exchange between the parties began last Wednesday when Mr. Mulcair criticized Prime Minister Stephen Harper for his government’s reprimand of European nations and his unwillingness to work with other G20 countries to come up with a plan to weather Europe’s worsening financial crisis.
“Mr. Speaker, the Prime Minister pretends to be concerned now, but two months ago in Washington the Conservatives were singing a different tune.
“At the G20 meeting in April, the Minister of Finance led the effort to block an international plan to resolve the European economic crisis. He told European countries “to step up to the plate” and fix the problem on their own, as if our fate were not intimately connected to theirs, and he gets applause for that from the peanut gallery.
“When will the Conservatives stop lecturing European countries and put forward a real plan to protect and create jobs here in Canada?”
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