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(icj1, 18 February 2015 04:47) Sorry, but the question above makes no sense - the US does not control Europe because according to the CE of B92 forums sj, the US has collapsed and run out of cash long ago.
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It depends on what is meant by "run out of cash". I think we can all confess that the US treasury has run out of cash and has been in deficit for many decades. The US Federal Reserve is printing money at a rate unprecedented in the economic history of any nation. There isn't even a good agreement as to how many tens of trillions of dollars have gushed out of the US federal reserve and entirely bypassed the US treasury.
That the US Federal Reserve is no longer focused on Monetary policy and has an essential role in fiscal policy speaks volumes about the (in)stability of the US economy.
icj1 also stated that the US does not "control" Europe. Most notably, the unprecedented US bailouts that started in 2008 required the rescue of many European banks by the US Federal Reserve.
Money to EU banks(!) from the US Federal Reserve can be found on page 131 of the July 2011 GAO Audit:
Barclays PLC (United Kingdom): $868 billion
Royal Bank of Scotland (UK): $541 billion
Deutsche Bank (Germany): $354 billion
UBS (Switzerland): $287 billion
Credit Suisse (Switzerland): $262 billion
Bank of Scotland (United Kingdom): $181 billion
BNP Paribas (France): $175 billion
and many many more including banks in Belgium of all places
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