Economic crisis: France: 1 - Rest of the world: 0

[HoreTore]

No crisis here either. We profit from when the oil goes up We also have a ton of money stored away, so we can probably buy your country in a year or so

KukriKhan: don't worry, I'll hire you as my maid.

Laffite?

Female genitals?

[KukriKhan]

No crisis here either. We profit from when the oil goes up We also have a ton of money stored away, so we can probably buy your country in a year or so

KukriKhan: don't worry, I'll hire you as my maid.

I do have tons of experience mopping floors. But I ain't wearing the heels & apron, dude. A little dignity, please. :)

No need to be ashamed, just be sure to vote Democrat this time.

LOL. Unless something miraculous happens in the next 5 weeks to change my mind, I'll probably file yet another third-party protest (yea, I know: throwaway) vote. I haven't gotten my ballot yet to see which yay-hoo will get my nod.

[HoreTore]

I do have tons of experience mopping floors. But I ain't wearing the heels & apron, dude. A little dignity, please. :)

SILENCE, UNDERLING!!

[KukriKhan]

SILENCE, UNDERLING!!

Yassah, Massah.

[HoreTore]

Yassah, Massah.

Well, it's a nice start, but.....

I was thinking more like this:

Spoiler Alert, click show to read: 

You could be a fine janitor, I suppose, but.... You don't happen to have a hot young wife, sister, daughter, relative, etc do you?

[KukriKhan]

While I do have the legs for the job, my hair is the wrong color. :)

Sending a descendant to do the job is exactly what we over here are trying to prevent (pawning off our indebtedness on our kids, grandkids, and such, to pay).

[SwordsMaster]

Female genitals?

Sorry. Misspelled.

I believe most economies that have sensible borrowing policies and regulations will weather the crisis with little drama.

[Oleander Ardens]

While Germany itself is not as weak as other countries, Hypo Real Estate, a company in the DAX with a solid balance sheet is in free fall. It makes profit but a small subunit in Ireland can no longer operate because the specific credit markets are frozen. It got a lifeline credit by German Banks. In one day a -60% slump. A real run on the bank.

[JR-]

it may just take longer for things to get ugly in europe, with no way to fix it:
http://blogs.telegraph.co.uk/angela_...ke_a_tea_party

[Vladimir]

Great. Looks like I'll get that world war I was wishing for.

I really had high hopes for the EU.

[Fragony]

Way to go now this is how you take a nosedive, bloody monday in dutchiestan and yours truly is in a particulary bad mood.

[Vladimir]

Way to go now this is how you take a nosedive, bloody monday in dutchiestan and yours truly is in a particulary bad mood.

If you think you're in a bad mood now just think how bad you'll feel when the Germans come back to visit again, en masse.

Oops, fixed! Oh and don't believe Hussar when he says he's just back to "visit some old relatives."

[Strike For The South]

en masse

[Fragony]

If you think you're in a bad mood now just think how bad you'll feel when the Germans come back to visit again, en masse.

Oops, fixed! Oh and don't believe Hussar when he says he's just back to "visit some old relatives."

Always be ready for the bug, these frenchies desiring grandeur or germans wanting to add a few gears to the machine

[Louis VI the Fat]

it may just take longer for things to get ugly in europe, with no way to fix it:
http://blogs.telegraph.co.uk/angela_...ke_a_tea_party

Bah. The Telegraph is at it again. What a rag that paper has turned into. Desperately anti-EU. To sum up the article: 'Europe (Telegraph parlance, i.e. Europe without the UK) does not have the financial crisis that the ultra-liberal model created in the UK. However, if Europe would get a crisis like this, even though it appears they're not, then they would be less likely to withstand it. Which proves the superiority of the UK model.'

Or: 'even though 150000 Bangladeshi drowned because their infrastructure is ill-equipped to deal with floods, if Australia was flooded, they would have even more casualties since the Australia infrastructure is even less equipped to deal with months of heavy rainfall.
This proves the superiority of the Bangladeshi model.'


~~~


Meanwhile on the continent. The financial crisis is trickling down. Supersarko is at it though, trying to get the EU in line.

PARIS (AFP) - President Nicolas Sarkozy on Monday battled to contain fallout from the global financial crisis, moving ahead with plans for a world summit and calling a meeting of French banking and insurance chiefs.


France will host a meeting of European officials to prepare a summit "in the coming weeks to establish the basis of a new international financial system," said Sarkozy, whose country holds the presidency of the European Union.

Officials from Britain, France, Germany and Italy -- the EU members of the G8 -- will meet in Paris in the coming days to lay the groundwork, he said on the sidelines of an EU-India summit in the southern city of Marseille. On Tuesday, the president is to meet at the Elysee presidential palace with banking and insurance company chiefs to take a close look at the health of French banks and review the credit level of French households and businesses.

The announcements came as the Franco-Belgian bank Dexia announced an emergency board meeting after liquidity concerns sent its shares into freefall. Dexia's shares closed Monday down 30 percent on the Paris exchange, at seven euros worth less than a third of their value this time last year.

Belgium's federal government announced late Monday that it had tentatively agreed, along with its three main regions and shareholders, to help prop up the embattled bank -- less than 24 hours after stepping in to rescue Belgian-Netherlands banking and insurance giant Fortis. "During consultations between the federal government and the three regional governments (Wallonia, Flanders and Brussels) this afternoon, they confirmed their in-principle agreement to take part in a joint effort to boost Dexia group's funds," a statement said. The statement, distributed by the office of Prime Minister Yves Leterme, made no mention of financial details but Belgian media said the support could amount to seven billion euros (10 billion dollars). On Sunday, the Benelux countries stepped in to partially nationalise Fortis, increasing fears the crisis that has wiped out several US and British banks was spreading across Europe.

Sarkozy warned in a major address last week that France would not be spared from the turmoil unleashed by the US banking crisis.

In Paris, the CAC 40 index plunged 5.04 percent to 3,953.48 points Monday in line with other European stock markets.

[Vladimir]

Wow, a whole 5% huh? Has anyone else noticed that the Dow is up almost 300 points? Anybody?

[Ronin]

didn´t really notice....on other news...the PSI-20 gained 1,87% today

[Papewaio]

Or: 'even though 150000 Bangladeshi drowned because their infrastructure is ill-equipped to deal with floods, if Australia was flooded, they would have even more casualties since the Australia infrastructure is even less equipped to deal with months of heavy rainfall.
This proves the superiority of the Bangladeshi model.'

I agree with what you are saying.

But you picked a bad analogy. Australia is subject to flash floods. That is why in the middle of a flat dry plane you will find buildings on stilts, they are there for the next big flood. You will find tinnies out in the middle of the outback.