Harper stands against EU

[Slava]

I was talking to a CPer yesterday afternoon about this. The thing I find the funniest is the German position. They won't put their name on a Euro-bond which is probably a good way to get some money flowing, yet they're critical of Canada for not contributing to their relief.

[getbak]

Originally Posted by Itse

Maybe I'll question a local for the finer points of Italian politics.

Ask for an invite to a Bunga Bunga party.

[bomber317]

Originally Posted by Slava

I was talking to a CPer yesterday afternoon about this. The thing I find the funniest is the German position. They won't put their name on a Euro-bond which is probably a good way to get some money flowing, yet they're critical of Canada for not contributing to their relief.

To add to that vein, http://www.calgaryherald.com/news/po...606/story.html

Don't tell us how to run the economy, but hold on, give us money or else everybody is going down.

[CaptainCrunch]

So its equivalent to give us money, let us use it as we see fit, oh and chances are you'll not only never get paid back but we'll be back within a year to get more because of our sink hole economy.

Harper is right, Europes problems are structural more then caused by a recession, they've baically run a socialist give the people everything they want model without bringing in the income to support it.

Now they're facing a hard course.

the only way that I would see money go there is if we can charge them a money mart level of interest with strict conditions if you don't pay.

In other words, if you don't pay us back 50% of your hottest woman belong to us. Oh and if you don't pay us back we get 50% of all revenue from your professional soccer teams.

You can't keep throwing money at the problem in the hopes that it fixes itself. You might not like austerity cuts to your social programs and government infrastruture, but your alternative is a massive tax increase to support your own fracking problems.

I'd rather not see my money going to pay some government worker to retire at 50 with full benefits.

[CaptainCrunch]

A prime example of why we shouldn't be giving money to Europe

http://www.telegraph.co.uk/finance/f...ement-age.html

[GP_Matt]

Wow,

They didn't have a lot of details, but does the article imply that people who started working after high school can retire earlier than those who went to University or College? There may be something to that, but the whole move seems crazy and poorly timed.

[Tinordi]

When simpletons discuss macroeconomics and political-economies...

[CaptainCrunch]

Originally Posted by GP_Matt

Wow,

They didn't have a lot of details, but does the article imply that people who started working after high school can retire earlier than those who went to University or College? There may be something to that, but the whole move seems crazy and poorly timed.

Crazy,ill timed, spends money while increasing taxes, and if you decrease the age of retirement like that then the pension system puts out far more money then it brings in..

Its beyond stupid and serves no purpose in fixing the economy.

This guy is a popullist moron, he's going to give everything that the people think they want while destroying Frances economy for future generations.

[CaptainCrunch]

Originally Posted by Tinordi

When simpletons discuss macroeconomics and political-economies...

Some clarification please, who are the simpletons? The people who write the articles or the people that discuss these articles on this board?

[SebC]

Originally Posted by Tinordi

When simpletons discuss macroeconomics and political-economies...

Dude, this is a driveby... who is wrong and why?

[Tinordi]

Well to be glib the issue is more complicated then hectoring the EU for having entitlements. This is not a black and white issue, and shoring up the reserve fund of the IMF in case the EU teeters significantly would actually be good for Canada too. To simply sit back point our fingers and say nyah at Europe ignores the deeply complicated and profound impact an EU breakup would have an all OECD economies.

So yes, if you want to be simple minded about it, you can point to individual entitlement plans and falsely conclude that those are the problem when infact the roots are much much deeper. The EU needs political integration to make a monetary union work. Until the time is bought for that to happen through shoring up a reserve fund then this will not unravel well. But please continue on falsely pinning blame and then washing your hands.

We certainly would never be in a similar position where we'd need help now would we? Has anyone bothered to look at Canada's housing market lately? Surely there's no possibility of a major economic shock to our economy. Carry on.

[bomber317]

Originally Posted by Tinordi

Well to be glib the issue is more complicated then hectoring the EU for having entitlements. This is not a black and white issue, and shoring up the reserve fund of the IMF in case the EU teeters significantly would actually be good for Canada too. To simply sit back point our fingers and say nyah at Europe ignores the deeply complicated and profound impact an EU breakup would have an all OECD economies.

So yes, if you want to be simple minded about it, you can point to individual entitlement plans and falsely conclude that those are the problem when infact the roots are much much deeper. The EU needs political integration to make a monetary union work. Until the time is bought for that to happen through shoring up a reserve fund then this will not unravel well. But please continue on falsely pinning blame and then washing your hands.

We certainly would never be in a similar position where we'd need help now would we? Has anyone bothered to look at Canada's housing market lately? Surely there's no possibility of a major economic shock to our economy. Carry on.

yes, but to ask for aid but at the same refuse to "take lessons from other economies" is not a solution.

Since this is truly a global issue, everybody needs to sit down and figure out a solution. You can't just ask for money from everybody and tell us "this will help us, trust us". How about a gameplan or roadmap for the money? What are our solutions to this? How can other nations help? What policies do we need to enact.

But whatever, it's easier to be flippant to everybody at first, and waiting for us dumb people to beg you for more information.

[Ironhorse]

Originally Posted by CaptainCrunch

A prime example of why we shouldn't be giving money to Europe

http://www.telegraph.co.uk/finance/f...ement-age.html

"We committed to put this measure in place quickly for social justice for those who started working early, said Social Affairs Minister Marisol Touraine.”

WTF is "social justice"? Everyone should be rich?

[Resolute 14]

Originally Posted by CaptainCrunch

Some clarification please, who are the simpletons? The people who write the articles or the people that discuss these articles on this board?

The people who aren't Tinordi, I'm betting.

[Azure]

Originally Posted by Resolute 14

The people who aren't Tinordi, I'm betting.

Yep. A stupid and snide remark. Just Tinordi being Tinordi.

[CaptainCrunch]

Originally Posted by Tinordi

Well to be glib the issue is more complicated then hectoring the EU for having entitlements. This is not a black and white issue, and shoring up the reserve fund of the IMF in case the EU teeters significantly would actually be good for Canada too. To simply sit back point our fingers and say nyah at Europe ignores the deeply complicated and profound impact an EU breakup would have an all OECD economies.

Except that shoring up the IMF without conditions as to how the money is used is economically stupid. At this point whether the EU breaks up or continues the same path is going to cause harm to our economy if we unconditionally give aid.

And its not more complicated dropping the retirement age and spending billions upon billions on that while removing tax revenue from two years of prime income years, while doing what is probably going to be a fairly minor revenue collection is outright stupid and ###### economics.

Originally Posted by Tinordi

So yes, if you want to be simple minded about it, you can point to individual entitlement plans and falsely conclude that those are the problem when infact the roots are much much deeper. The EU needs political integration to make a monetary union work. Until the time is bought for that to happen through shoring up a reserve fund then this will not unravel well. But please continue on falsely pinning blame and then washing your hands.

you know its pretty clear that your a smart guy, or at least that you think that your a smart guy. but your arrogance makes your posts about as appealing as chewing tin foil.

If you look at the platform of the new leader of france it flies in the face of common sense. He wants to up wages to the government sectors, he wants to reduce the pension age, he wants to increase the size of the civil service, and oh don't worry about it mon ami da rich will pay for it with a 75% percent tax rate. Your right the EU needs to be integrated, but the only nation with any kind of common sense right now is Gernany and they're the only natiion with money to spare. Frankly if any nation should pull out of the Euro its Germany, they're the equivalent of a rich guy being married to a harpy with a spending problem and no common sense.

Originally Posted by Tinordi

We certainly would never be in a similar position where we'd need help now would we? Has anyone bothered to look at Canada's housing market lately? Surely there's no possibility of a major economic shock to our economy. Carry on.

That's great and everything but Canada isn't intent on crippling its economy via stupidity and sense of entitlement. France seems to be. And there's no point in putting money into the IMF if these nations are merely going to piss it away and then come asking for more.

And that's exactly what's happening in countries like France, Greece, Spain and Italy and others. They're unwilling to get rid of economic crushing social programs and bloated and useless government work forces to get their spending under control. And because of that they're not breathing life into the private sector which fuels their economies, or whats left of them.

Anyways, I'm sorry, I'm just way too simple minded to understand you.

[CaptainCrunch]

Originally Posted by Ironhorse

WTF is "social justice"? Everyone should be rich?

Well except for the well off, they need to pay for all of this stuff.

So if you're poor you should be rich, if you're rich you should be poor.

[GP_Matt]

Germany does benefit from the European Union though.
They sell a lot of their manufactured goods to the other countries with no tariffs. They benefit from a devalued Euro to help them export to the rest of the world. I am pretty they get really cheap electricity from France. (I read that a while ago though so it may be dated) They also benefit through a large source of very cheap labour throughout Europe who come to Germany to work.

[CaptainCrunch]

Originally Posted by GP_Matt

Germany does benefit from the European Union though.
They sell a lot of their manufactured goods to the other countries with no tariffs. They benefit from a devalued Euro to help them export to the rest of the world. I am pretty they get really cheap electricity from France. (I read that a while ago though so it may be dated) They also benefit through a large source of very cheap labour throughout Europe who come to Germany to work.

True, but if they're sending money out to support these nations on a conitnual basis even the benefits that you talk about will be negatively impacted.

Right now if your the strongest nation carrying a bunch of weak sisters on your back your going to stumble eventually.

[Makarov]

Originally Posted by CaptainCrunch

So if you're poor you should be rich, if you're rich you should be poor.

Who are you, Glen Beck?