eurozone will collapse this year, says nouriel, page-15

  1. 14,931 Posts.
    strange view of the world?

    You say that the stock market gauges only corporate profits.....yes, what is wrong with that? Corporate profit is what is important to shareholders. Companies are created to make profit. They are after all businesses not charities.

    You say they couldn't care less half of Americans have lost lost their jobs and many losing their homes as well. So what? Its not their jobs to care. They are businesses and not charities.

    You say, they couldn't care less if many europeans must work till they drop dead to pay off all these trillions in free money pushed down their throats. So what. No one made these people take the money. It is the greed and laziness of these people that got themselves into the mess they are in. Anyone who takes money knowing they can't pay it back are idiots and deserve what they get.

    You say...Greece can never pay of this debt and their solution is a70% writedown.... No, the solution is that they tighten their belts, get off their butts and work harder, and pay their fair share of taxes.

 
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