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(Stefan, 16 February 2010 11:55)
Serbia has problems and no arguments there, but I can tell you this that my sources say Serbia is in a better position than any of the others around it. Slovenia, Croatia, Macedonia and Montenegro are technically broke; let me say that slowly ….they are BROKE. They live off the crumbs that fall off the EU’s table. Neither can borrow money without EU guarantees – let them try issuing bonds, going to the IMF or World Bank without them. Let me repeat, all financial transactions for these so called countries have to be approved by the EU.
If you beleive the Euro can’t fall by 30% then why do you think the EU is so worried about Greece? The fear is about a “domino’ affect followed by Portugal, Spain, Ireland, Italy, France and so on. The world money markets would savage the Euro plain and simple.
Now tell me which country is not in deep dodo in Europe or North America? Germany was the only country in the Europe up until recently that was not in trouble, but the latest information coming out is that it’s also heading south quickly. The US now owes $16 trillion dollar and by the end of 2010 it will be 18 trillion and no signs of the depression easing.
(Lenard, 16 February 2010 10:33)
My god you people hang on this NATO like a drunk to a fence. Here is some news for you the US is in the process of negotiating a new security pact involving Russia which also includes veto power. Why do you think Madeline Albright is in Moscow? Not for health reasons or on a sight seeing tour!
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