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Title: Euro Zone Done? 'Collapse closer as politicians bargain'

Added: Sep 6, 2011

Author: RussiaToday

Duration: 4:29

Description:
The incoming European Central Bank head says the eurozone should be more financially integrated. And the outgoing chief Jean-Claude Trichet thought a "federation" with a central finance ministry for Europe was the only solution to the debt crisis. But financial writer Peter Bild told RT that the Eurozone system is so flawed that even a common economic government won't save the single currency. RT on Twitter: http://twitter.com/RT_com RT on Facebook: http://www.facebook.com/RTnews

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Channel: News

Tags: rt  peter bild  bill dod  european central bank  eurozone  jean-claude trichet  europe debt crisis  common financial dovernment  euro crisis  bailout  greece bailout  greece debt crisis  united states of europe  gerhard schroeder  german economy  Европейский центральный банк  Жан-Клод Трише  долговой кризис  Греция кризис  Герхард  Шредер 



rt  peter bild  bill dod  european central bank  eurozone  jean-claude trichet  europe debt crisis  common financial dovernment  euro crisis  bailout  greece bailout  greece debt crisis  united states of europe  gerhard schroeder  german economy  Европейский центральный банк  Жан-Клод Трише  долговой кризис  Греция кризис  Герхард  Шредер 

Youtube Comments: 251

kisaforyou Says:

Sep 8, 2011 - Погладь мою киску cathome. ru/pat. php?cat=54695 и получи удовольствие

blviiva Says:

Sep 8, 2011 - Dear Portugal, Greece and other future crisis countries: We would be happy to help you, but our politicians are currently playing polka at the capital city main station while citizens dance along

blviiva Says:

Sep 8, 2011 - By the way, Finland ranked again as worlds' most competitive economy :P

blviiva Says:

Sep 8, 2011 - Seriously, guys how can you fck things up so badly? :DDDD guess you don't yet know how to handle money, because it's new, young and exciting... Hell whatever, I'm going on a vacation to buy some land from the coasts of greece (to build a mansion there in the near future) :D do you take credit or should I pay CASH?

blviiva Says:

Sep 8, 2011 - and here's the proof for that first comment. greetings from the dark, cold and wealthy Finland youtube search: 'bileet steissil'

hmfmi Says:

Sep 8, 2011 - Nigel Farage has been saying this since the beginning, much like Ron Paul in the States

transientdreams Says:

Sep 8, 2011 - Hey. Iceland's people said: "Fuck you" to the failing banks and foreign dept and let them all fail and voted AGAINST any bailout. They are now recovering faster than the rest of the world in the same crisis. Odd, huh??

fleemonstay Says:

Sep 9, 2011 - Well that's just the thing, it WILL be in the German's interest to stay inside the EUro because they are an export driven economy and they know they cannot remain competitive in the top end of the manufacturing sector with a high Reich Mark, so, they'll have to stay in.Serves them right! But as for the Nazi's controlling things behind the scenes this is all according o plan, once again the peoples of Germany shall suffer at the hand of their shadowy masters.

r0ll0t0masi Says:

Sep 10, 2011 - And, it has to be a DEMOCRATIC process...

Sexisttroll Says:

Sep 10, 2011 - oh so now the 50s aren't the peak year? contradiction much? plus military production fell after WW2 true. but you forgot to say it increased again for the korean war. (lol sounds like your "history book" is missing pages)...

nenu Says:

Sep 10, 2011 - it would be worse for them, actually

Gary190tube Says:

Sep 10, 2011 - I agree with both your replies.

astrofrk Says:

Sep 11, 2011 - No, I said the 50's were the peak years for US industry as well as Union activity. Sure Korea brought production. Don't tell me about missing pages when you tell me the 50's were not productive. This is when we created suburbia and the US Interstate system. Your profile says you don't even like to read. Perhaps you should start, my young troll.

SpreadingTruths Says:

Sep 12, 2011 - This is part of the jewish plan to take away sovereignty from all the countries of the world and make a one world government ruled by them. The jews are behind all these big national debts in Europe and USA.

carlospa22vlc Says:

Sep 12, 2011 - what loans ? spain participes with bailouts to greece , portugal and ireland, do you think that just spain and italy can collapse ? you are so funny , if that happens then france and germany and the rest will collapse , also the united states are much worse than even greece

prjerry7 Says:

Sep 12, 2011 - It would cause a financial crisis but temporarily, but in the long run Germany wouldn't have to keep supporting parasite societies of other countries.USA isn't worse then Greece. USA is actually doing better then all of Europes major economies;h t t p : / / w w w . u s d e b t c l o c k . o r g / w o r l d - d e b t - c l o c k . h t m l [take out space]

envanje Says:

Sep 12, 2011 - The only value that goes over gold is a loaded gun.Criminality will rise to unknown peaks.All due to the worthless political opportunists who couldn't keep their filthy hands out of the inflation treasury although it was forbidden by God Himself !

carlospa22vlc Says:

Sep 12, 2011 - germany is also in troubles my friend, we are all toguether,united states is lucky they pay low taxes cause it is a central country and it is esencial, but its deficit this year is around 8% and its public debt also highter than us,anyway don´t worry if italy and spain even have to go out of euro as greece portugal and ireland, we will see how much banks will lose in germany france china etc , and where they will export, then we will see where the US goes

prjerry7 Says:

Sep 12, 2011 - in 1949 our national debt was much higher in comparison to gdp then today.Our economy is larger then any nation has ever had and def. larger then our own in the 50's.

Booyaa1969 Says:

Oct 1, 2011 - We have found a politician stupider the Bush His Name Is OBAMA.....LOL

StellandBlood Says:

Oct 28, 2011 - Yes with debts forgiven in the 70´s.

prjerry7 Says:

Nov 29, 2011 - the problem in Europe is their huge dependency on government, their healthcare systems literally run on government spending, their debt to gdp ratio is also much larger then in the states.

prjerry7 Says:

Nov 30, 2011 - European doctors dont really get paid as much as American, their healthcare isnt overly expensive, their simply not making enough to sustain it universally. EU countries need cuts, some may even need to eliminate universal healthcare. If they can't pay for it, stop borrowing fucking money to later blame the banks & make them take in 50% of the debt, its completely irresponsible & will destroy investment in the continent.

Gluluman Says:

Apr 24, 2012 - Any functional country, whose currency is pegged against the Euro, should be wise enough to get out, wile the ink is still wet. In the [Lexus and the Olive three] Friedman wrote 60 years four countries controlled global financial transaction, namely the US, UK, France and Germany. Sadly the East Asian DRAGON has awakened. The free ride is over , Europe is dead.

MegaTechnoMarine Says:

May 24, 2012 - I guess this is kinda a retarded question. But what would happen to the europeans if EU collapsed? Would there be war or just seriouse financial problems worse than those now?

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