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Title: 'Euro on edge, will collapse by November if no new crisis plan'
Added: Aug 8, 2011
Author: RussiaToday
Duration: 5:5
Description:
European Central Bank officials have agreed to buy Eurozone government bonds to fight the continental debt crisis. Although it's not clear yet which bonds the bank is going to buy - experts expect them to be from debt-laden countries like Italy and Spain. That's after the German government reportedly admitted that the EU rescue fund won't be able to save Italy, the Eurozone's third biggest economy, if it needs help. The G7 group of the most-industrialised nations are also vowing to support financial stability and welcomed what it called 'decisive actions taken in the U.S. and Europe'. But financier and author Patrick Young says the EU needs to change tack immediately.
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Channel: Entertainment
Tags: rt italy bailout berlusconi speech silvio berlusconi euro crisis bailout cuts cutbacks tax banks greece bailout greece debt crisis spain italy ireland italy news eu economy finance currency rate future expert analysis greece default europe eurozone евро греция италия долг stock market news european central bank bonds ЕЦБ кризис
rt italy bailout berlusconi speech silvio berlusconi euro crisis bailout cuts cutbacks tax banks greece bailout greece debt crisis spain italy ireland italy news eu economy finance currency rate future expert analysis greece default europe eurozone евро греция италия долг stock market news european central bank bonds ЕЦБ кризис
Youtube Comments: 310
jjbarbados Says:
Nov 2, 2011 - Europeans have the most expensive currency in the world and have problems accordingly.The spend too much, produce little, export less, creates no jobs, 0 growth.The world today has succesful economies, all with cheaper currencies, what do europeans have so special no to correct their exchange rate? what do they export ? a mass of drunks in a low cost plane from England? Germans raving in Ibiza? Today Europe is replaceable.Most items come from Asia.
2tur Says:
Nov 6, 2011 - ..Most know the U.S Dollar will collapse, it's unable to continue at this rate and neglect. "Anti-christ"; seems every President the U.S has is declared a "Anti-Christ". Obama's the "Anti-Christ", Bush is the "Anti-Christ", "Ron Paul" is the "Anti-Christ", "Winston Churchill" is the "Anti-Christ". There isn't a "Anti-Christ"; you as Amerik's are responsible for this, not just your Government. You are all just as guilty for promoting it and being terrified to take back power. Shame!!!
42069girl Says:
Nov 6, 2011 - @2tur: We are not all "terrified to take back the power" that's what our founding Fathers were all about. Look @ the "Occupied" people. They're certainly not scared. MTV's even got a program called "True Life: I'm Occupying Wall Street" or something like that......Point is: We Americans are not scared of anything -if anything we're tired off all the Gov't bullshit and lies!
justicepartyuk Says:
Nov 8, 2011 - Countries in Euro zone are deliberately bankrupting there countries to qualify for EU hand out. Euro died 20 months ago & now Euro have been cremated.
Keessince1988 Says:
Nov 9, 2011 - For solutions watch Zeitgeist Moving Forward, it's featured on my channel.
hebay2 Says:
Nov 13, 2011 - Italy needs a reality check coz they love themselves,the most vain nation on earth where u can lituraly be judged by the cloths you were wellcome to the real world haha
antonKASA2007 Says:
Nov 21, 2011 - european leftists and lazy bums destroyed europe and the world...but it was done with purpose putting all the block head dum people in their plan to create the unfinished babel as their flyer show 10 years ago...where are the smart europeans and why were put the csars,comisars communists in power in eu
boscoesarmy Says:
Nov 21, 2011 - I thought it was the french who were the worst for vanity.
kopellhinex Says:
Nov 24, 2011 - CAPITALISM creates ELITE CRIMINALS. BANKERS. DRUG LORDS. INEQUALITY. INSECURITY. GREED. RUTHLESS COMMUNISM. NWO. NAZI. TERRORISM. LAZY PEOPLE. REBEL POLITICIAN. ANARCHY. worst is WAR etc.. etc..CAPITALISM was designed only for CORRUPT OPPORTUNISTIC MANIPULATIVE LAZY POLITICIAN. BANKERS. LAWYERS. DRUG LORDS. JUDGES. CRIMINALS. DICTATORS. RULERS. KING. SULTANATE. EMPEROR etc. etc..HARD WORKING PEACE LOVING HAPPY HONEST SOCIETY were always the slave victim and poorly starve to death. :(
VincetheFrogophil Says:
Dec 3, 2011 - the dwarf ... Sarkozy has made France a small country under Germany. Europe is dominated by Germany, the European aid will be made on account of the Germans. Marine Le Pen has the courage to say, like other political economist, the Euro is dead and the only solution is to get out and devalue our currency. It forces us to stay as Germany take this monetary situation.
Standuble Says:
Dec 4, 2011 - Your comment made me lol but I barely understood a word of it!
mikis78 Says:
Dec 5, 2011 - It's december ALREADY. What a loser! People are ready to say anything to get their faces on TV or newspaper. Everybody wants to be the next superstar orf economy, and steal the throne of Roubini. :DCan't blame, it's a way to the riches! Book sales, seminars, interviews... you name it!Too bad Patrick failed.
nekrothaftis88 Says:
Dec 6, 2011 - i don't know good english
Standuble Says:
Dec 6, 2011 - Oh that is quite alright, thank you for responding to me :)
RVIIIN Says:
Dec 8, 2011 - Hey Commie Queers, work on your smug-bastard smiles at 1:25 onward. Plize. You make Americanz criiiiinnnnge at Yur sullied arses working that RT Commie Scheit! Good Fuck on your Mom!
Devoj4E Says:
Dec 19, 2011 - Wo vor habt ihr Griechen Angst ????Was ist euer PROBLEM ?????Und was müsste sein das Ihr völlig zufrieden seit ?????Was wollt ihr überhaupt ?????Das möchte ich von euch wissen ?????Viva la Makedonia 4 all Makedonians but never 4 fascist Greeks
luc59457 Says:
Dec 19, 2011 - Can Blame. There should be no riches.The more you support those riches, the more the riches goes in the fews direction. There should be no personal abundance just like there should be nobody without anything, necessities to say the least. Everybody wants to be the next superstar orf economy, Answer: No. The truth is, different strokes for different folks. Some people would rather be a construction worker, some, a paramedic, etc, but to them, they are a superstar of their trade.
mikis78 Says:
Dec 20, 2011 - "There should be no riches"? Good luck with that. :) That would be the first time in the history of mankind, communism included. There's always the elite - and the rest.If everyone where equally poor, sooner or later someone would find a way to get personal advantage. Human nature.
luc59457 Says:
Dec 20, 2011 - I never said equally poor, the word poor would no longer exist. I can tell by your whole paragraph you only think inside the box. Human Nature Changes, T.Boone Pickens is one example, a firm oil supporter, who had a change in ideology of our energy future aka a small part of just one change in human nature. Industry plays a big role in human nature.
TurrisBlancus Says:
Jan 30, 2012 - it's January... no problem yet...
spark300c Says:
Feb 2, 2012 - because there is no defaults yet. The crisis can be solved if bond markets close so no country can take on more debt and abolish the welfare state rise taxes and paid off the old debt. If do not work you not eat is a moral for reason. Welfare makes poeple think they can get something for nothing and entitled to what you have if have little bit more than them. how ever this not going to happen so euro is going to collapse.












42069girl Says:
Nov 2, 2011 - @oscie1: You got everything right except the very end part where you said it's going to be Muslims who are taken to concentration camps. We (believers in Jesus) believe in the end times it will be Christians who are taken up, imprisoned and put to death by the rest of the unbelieving world. And, smh, the Jewish people will share our fate. But this has to happen so Christ can return. It's coming.