German GDP hits 300%

[00111001]

LINKY]

Quote:Germany is THE REAL backstop of the EU. And it’s comprised its own solvency as a result: the country is only €328 billion away from reaching an official Debt to GDP of 90%, the level at which national solvency is called into question.



Moreover, that €328 billion has already been spent via various EU props. Indeed, when we account for all the backdoor schemes Germany has engaged in to prop up the EU, Germany's REAL Debt to GDP is closer to 300%.

Whoops...

[bigpaul]

(1 August 2012, 11:08)00111001 Wrote: LINKY]

Quote:Germany is THE REAL backstop of the EU. And it’s comprised its own solvency as a result: the country is only €328 billion away from reaching an official Debt to GDP of 90%, the level at which national solvency is called into question.



Moreover, that €328 billion has already been spent via various EU props. Indeed, when we account for all the backdoor schemes Germany has engaged in to prop up the EU, Germany's REAL Debt to GDP is closer to 300%.

Whoops...

i read somewhere(prob daily express) that 51% of Germans want OUT of the eurozone!

[00111001]

(1 August 2012, 11:31)bigpaul Wrote:

(1 August 2012, 11:08)00111001 Wrote: LINKY]

Quote:Germany is THE REAL backstop of the EU. And it’s comprised its own solvency as a result: the country is only €328 billion away from reaching an official Debt to GDP of 90%, the level at which national solvency is called into question.



Moreover, that €328 billion has already been spent via various EU props. Indeed, when we account for all the backdoor schemes Germany has engaged in to prop up the EU, Germany's REAL Debt to GDP is closer to 300%.

Whoops...

i read somewhere(prob daily express) that 51% of Germans want OUT of the eurozone!

Yeah, I heard that. They want out of the Eurozone and into Poland

[Hrusai]

am i detecting a pattern here?

[Paul]

Probably

[Kenneth Eames]

Its the same as Britain, the Govt. of Germany are the same as our Govt. Once in power they do as they please. The ordinary people are forgotten and their hair-brained ideas are put into motion. What we need is a new Political Party that will do the bidding of the people. Kenneth Eames.