EU Finance Chiefs Race to Ready Emergency Fund Before Asian Markets Open...

Asheron

European Union finance ministers pledged to stop a sovereign debt crisis from shattering confidence in the euro as they held an emergency summit to hammer out a lending mechanism for deficit-stricken nations.


http://www.bloomberg.com/apps/news?pid=20601087&sid=aNvRfcFRIgsU

amcluesent

>hammer out a lending mechanism<

Printing mechanism surely? In a few years, I expect we'll hear tales of people turning their back on a wheelbarrow full of Euros for a moment and returning to find the wheelbarrow had been stolen, leaving the money:)

Degenerate

So the German Finance Minister Wolfgang Schaeuble has been rushed to hospital from the meeting. Apparently he "had an allergic reaction to some medication".

This has to be good fodder for some conspiracy theories, let me help you get started:

1. The medication in question was Rohypnol.
2. He saw the bail-out bill and had a heart attack.
3. Lost a fist-fight with Nicholas Sarkozy .

amcluesent

Now the German coalition looks to be breaking up!

"German Chancellor Angela Merkel's party and its coalition allies have been defeated in regional elections in North Rhine-Westphalia, projections suggest.

If confirmed, this would see Mrs Merkel's national coalition lose its slim majority in the upper house of parliament, the Bundesrat.

Meanwhile many cities in NRW are on the brink of bankruptcy and local councils in NRW are sinking into debt."

German cities going bankrupt! Political chaos! Club Med countries heading for default! I predict a riot!

Cleaver

amcluesent wrote: »

I predict a riot!

Are there many sitiations where you don't predict a riot?

<the Amcluesents are in Sainsburys>

Mrs Amcluesent: Ohh, will you look at, they've run out of 4 pint semi-skimmed. I'll have to get a 6 pint instead.
Mr Amcluesent: This is a result of an indebted nation causing an acute lack of supply. I predict a riot!
Mrs Amcluesent: Oh no, one of these eggs has broken too. Pop back and get me another half-dozen will you dearie?
Mr Amcluesent: The cracked egg is just another metaphor for our society. I predict a riot! And the FTSE at 1000! And a run on sterling! And more riots!
Mrs Amcluesent: God, it's only an egg...
Mr Amcluesent: Sovereign debt crisis! Islamic fifth coloumn! Summer of rage! I predit a riot!
Mrs Amcluesent: It's like this every time we go shopping, I don't know why I don't leave you at home with your crosswords...
Mrs Amcluesent: Riots!

nearlynew

Cleaver wrote: »

Are there many sitiations where you don't predict a riot?

<the Amcluesents are in Sainsburys>

Mrs Amcluesent: Ohh, will you look at, they've run out of 4 pint semi-skimmed. I'll have to get a 6 pint instead.
Mr Amcluesent: This is a result of an indebted nation causing an acute lack of supply. I predict a riot!
Mrs Amcluesent: Oh no, one of these eggs has broken too. Pop back and get me another half-dozen will you dearie?
Mr Amcluesent: The cracked egg is just another metaphor for our society. I predict a riot! And the FTSE at 1000! And a run on sterling! And more riots!
Mrs Amcluesent: God, it's only an egg...
Mr Amcluesent: Sovereign debt crisis! Islamic fifth coloumn! Summer of rage! I predit a riot!
Mrs Amcluesent: It's like this every time we go shopping, I don't know why I don't leave you at home with your crosswords...
Mrs Amcluesent: Riots!

I've got to be honest cleaves, not one of your better posts.

Cleaver

nearlynew wrote: »

I've got to be honest cleaves, not one of your better posts.

I found the idea of amcluesent predicting riots in Sainsburys an appealing comic situation.

You had a nice weekend nearly? Been up to much?

nearlynew

Bit of gardening, bit of shooting, bit of drinking.

usual weekend !!!!!!.

how about you?

Cleaver

Bit of gardening today as well. Well, digging up massive weeds before real gardening starts. The Mrs was doing a course in town yesterday so I cooked us a nice dinner.

Nowt much today - just chilled out and watched the footie.

What did you shoot?

nearlynew

I bagged a squirrel and my mate got a rabbit.

Then we watched cardiff beat leicester in the championship playoff while getting drunk.

A great day all round.