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BRICS loans to EU

Indophile
Posts: 1,414
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9/20/2011 4:06:46 PM
Posted: 5 years ago
Is it really an absurd idea?

"Brazil's President Dilma Rousseff seconded the suggestion and encouraged the proposals for an "international effort" to help rescue Europe from its debt crisis. Pundits loved the idea as evidence of a major shift in the balance of the global economy toward emerging markets."

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innomen
Posts: 10,052
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9/20/2011 4:25:23 PM
Posted: 5 years ago
At 9/20/2011 4:06:46 PM, Indophile wrote:
Is it really an absurd idea?

"Brazil's President Dilma Rousseff seconded the suggestion and encouraged the proposals for an "international effort" to help rescue Europe from its debt crisis. Pundits loved the idea as evidence of a major shift in the balance of the global economy toward emerging markets."

http://www.moneylife.in...

Kidding me? Let Brazil shovel money into that black hole, we've been subsidizing Europe for 60 years. I don't see the world lining up to help out the US...ever.
darkkermit
Posts: 11,204
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9/21/2011 8:33:12 AM
Posted: 5 years ago
At 9/20/2011 4:25:23 PM, innomen wrote:
At 9/20/2011 4:06:46 PM, Indophile wrote:
Is it really an absurd idea?

"Brazil's President Dilma Rousseff seconded the suggestion and encouraged the proposals for an "international effort" to help rescue Europe from its debt crisis. Pundits loved the idea as evidence of a major shift in the balance of the global economy toward emerging markets."

http://www.moneylife.in...

Kidding me? Let Brazil shovel money into that black hole, we've been subsidizing Europe for 60 years. I don't see the world lining up to help out the US...ever.

This. Since when has the world been practicing reverse welfare?
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