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Title: Euro Doom: 10-year-old currency race against time
Added: Jan 2, 2012
Author: RussiaToday
Duration: 3:45
Description:
New Year celebrations for many people in the eurozone were reined-in due to the tough current economic climate. With many predicting further financial misery, 2012 will see a severe test for the euro as it fights for survival. The single currency has now been in circulation for a decade, but it leaves millions of Europeans anything but optimistic, as RT's Tesa Arcilla reports.RT on Twitter: http://twitter.com/RT_com RT on Facebook: http://www.facebook.com/RTnews
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Channel: News
Tags: rt euro anni euro 10 years euro 2002 euro circulation eu collapse euro analysis referendum eu eurozone european union germany france angela merkel eu summit budget cuts economy scandal greece euro austerity eurocrisis democracy europe european central bank bureaucracy european taxpayers debt crisis brussels euro debt athens riots recession
rt euro anni euro 10 years euro 2002 euro circulation eu collapse euro analysis referendum eu eurozone european union germany france angela merkel eu summit budget cuts economy scandal greece euro austerity eurocrisis democracy europe european central bank bureaucracy european taxpayers debt crisis brussels euro debt athens riots recession
Youtube Comments: 145
OnTheLambda Says:
Jan 3, 2012 - Try riding one for 8 hrs a day for 5 years , then you will know the meaning.
Kykysha Says:
Jan 3, 2012 - "All monetary systems produce this immoral way of thinking, that we should remain divided, as if somehow its fixed any problems big or small." Is part Im think you very right on, kinda sorta. When its to monies is almost allway to everyman to himself a morality its go through the window. (most times, there is people who put others before monies). Is time to stop thinking to 'us and them' a think to the people who are fight to make a living, a depend to those to office to care.
iansuderman Says:
Jan 3, 2012 - It seems that this is a little too early to panic, but yes the capitalist debt system will fail.Capitalism is the redistribution of wealth. The failure of the system is the same key failure of the 30's. Over extended credit. Misguided ideas of the debtors ability to pay and basic competition for the customers business.In short bankers lent out far more than they should cuasing them to be over extended.Cheap
iansuderman Says:
Jan 3, 2012 - After the banks overlending came the reduction in output of oil. Oil is more simply represented as cheap labour, infact almost free labour added to the market. As this oil becomes less available the markets adjust for the lower available ability of business to produce. Less oil = less productiviety = less return. This has made it impossible for the banks to return a profit and more importantly to collect any return of interest.
anasthase100 Says:
Jan 4, 2012 - - It means : " Stop to suck all oil for yourself " and you will have more beautiful people to see in the Streets vs pachyderms
TheLoneace69 Says:
Jan 4, 2012 - i guess rothchild will be movin in and buying shit up real soon.
TheLoneace69 Says:
Jan 4, 2012 - my prediction "WWIII"
Gradovitch Says:
Jan 4, 2012 - what happened with the Euro's 10 last days prediction!??
nekrothaftis88 Says:
Jan 5, 2012 - fuck you germany I wish the new year to you is, bad and full of misery.
kepler5813 Says:
Jan 5, 2012 - If anyone wants to strengthen the euro, and that is debatable, then the failing debtor nations of the EU must return to their original currencies. The true value of the euro against the US dollar is the status of the German economy. France under Szarkozy, the Hungarian sheister, is dragging down the leading nations of Europe through the politico-banking cabal of the Freemasons and Zionists. Merkel must go. Szarkozy must go. Berlusconi and Papandreou should be in prison by now. Spain is the last.
LordLindsey12 Says:
Jan 8, 2012 - Who REALLY runs our world? search "israel Did 911" and search "ZionCrimeFactory" for proof."US Rep. McKinney has accused the pro-Israel Lobby in America (AIPAC, ADL, etc) for ruining her political career.She refused to sign the pro-Israel pledge from Congress and took a pro-Palestinian stance. Because of this, she said "war was declared" on her by them. In 2009 she told TIU's Ognir that "more than 99% of Congress work for Zionist-Israeli interests." w(dot)zioncrimefactory com/jew-world-order
financialtools1 Says:
Jan 17, 2012 - To understand better who and why Greek and EU Debt is under pressure, read story below in Reuters, Hedge-Funds paid 10 to 40 cents on the Euro for that Debt from Banks, and now they are trying to get 100% from EU Taxpayers and Consumers : Hedge funds hunker down for Greek debt standoff , reuters.com/article/2012/01/13/us-hedge-funds-greece-idUSTRE80C0KJ20120113 , this is what Shakespeare called the evil ways of the "money lenders" , what a criminal shame ! financialtools1.blogspot.com
frankyfrankyren Says:
Feb 19, 2012 - Beware, Another wall street crash is closing in!
frankyfrankyren Says:
Feb 19, 2012 - Shares even Apple dont worth that much shit!
TheLoneace69 Says:
Jan 4, 2012 - my prediction "WWIII"
Gradovitch Says:
Jan 4, 2012 - what happened with the Euro's 10 last days prediction!??
nekrothaftis88 Says:
Jan 5, 2012 - fuck you germany I wish the new year to you is, bad and full of misery.
kepler5813 Says:
Jan 5, 2012 - If anyone wants to strengthen the euro, and that is debatable, then the failing debtor nations of the EU must return to their original currencies. The true value of the euro against the US dollar is the status of the German economy. France under Szarkozy, the Hungarian sheister, is dragging down the leading nations of Europe through the politico-banking cabal of the Freemasons and Zionists. Merkel must go. Szarkozy must go. Berlusconi and Papandreou should be in prison by now. Spain is the last.
LordLindsey12 Says:
Jan 8, 2012 - Who REALLY runs our world? search "israel Did 911" and search "ZionCrimeFactory" for proof."US Rep. McKinney has accused the pro-Israel Lobby in America (AIPAC, ADL, etc) for ruining her political career.She refused to sign the pro-Israel pledge from Congress and took a pro-Palestinian stance. Because of this, she said "war was declared" on her by them. In 2009 she told TIU's Ognir that "more than 99% of Congress work for Zionist-Israeli interests." w(dot)zioncrimefactory com/jew-world-order
financialtools1 Says:
Jan 17, 2012 - To understand better who and why Greek and EU Debt is under pressure, read story below in Reuters, Hedge-Funds paid 10 to 40 cents on the Euro for that Debt from Banks, and now they are trying to get 100% from EU Taxpayers and Consumers : Hedge funds hunker down for Greek debt standoff , reuters.com/article/2012/01/13/us-hedge-funds-greece-idUSTRE80C0KJ20120113 , this is what Shakespeare called the evil ways of the "money lenders" , what a criminal shame ! financialtools1.blogspot.com
frankyfrankyren Says:
Feb 19, 2012 - Beware, Another wall street crash is closing in!
frankyfrankyren Says:
Feb 19, 2012 - Shares even Apple dont worth that much shit!
Kykysha Says:
Jan 3, 2012 - Im agree, but Im disagree :pIm not see how race a religion or even language can fitting into this. Im not say your wrong is just I don't seeing it, aside to those who its blame their problems to those thing. A again Im not saying you are do that, its just only connection Im see to it. What I was seen, is europe its try to move to single currency, a those its have the monies a power was take advantage to it to put themself to better position without worry to anyone else.