Discussion in 'Economics' started by schizo, Jun 5, 2010.
This is the start of a wild fire that will not be contained.
If Greece can borrow money from the IMF, why can't Hungary ?
who is going to get burned?
how are you going to make money off it?
all wild fires eventually die but as u imply we are in the early stages.
Hungary already has borrowed. do some research. what are limits to how much the IMF will loan?
Hungary has already borrowed 20 bln some but not enough.
The comments from officials that caused the mess around Hungary is just a part of a petty and pathetic political game. Those silly comments were far from the truth becuse Hungary is far from bankruptcy even the economic situation is not best.
I am sooooo sick of these damned European countries!!!!! Always sooooo damned competitive - now they are competing to see who can default first
It is the European version of "The Biggest Loser".
Read up on Dave Rosenberg's letter - "breakfast with dave". the latest and greatest thing driving consumer consumption is the "strategic default" on your mortgage.
Yeah, if we have to put a wager on it, my bet is on California. Oh wait, did you say European????
Yeah - damned Californians!!!! Always playing "keep up with the Joneses," but in California's case it is "keep up with the Europeans!"
I can see it now! California snubbing the French: "Not only is our wine better, but we can default quicker than any European country!"
Separate names with a comma.