On 11/07/2012 10:22 AM, Adam Buckland wrote:
Technically America loves 4 more years... However America dislikes the economic news from the Eurozone that it will go into recession.... US exports need willing buyers in Europe....
It seems best to view economics today using a global scope. We are all in this together.
This may sound backwards; because; the economic problems of the EU, and its euro currency, is thought to be unmanageable debt, but I think the EU needs to stimulate economies of all its members to create demand for not only products product and sold between EU member countries, but for products produced abroad, even if it increases the debt of the various players. Once the EU begins operating normally, the excessive debt of the EU member countries should be addressed by a EU governing body.
The EU need a stronger governing body with a central bank that can control the currency of all its member countries, much like the US Federal Reserve operates. The EU should draw up a document specifying exact what powers and responsibilities its governing body has, and leaving all other powers and responsibilities to it sovereign member countries. This would reduce contention between the separate member countries.
In short the EU should be structured much as the USA with its governing body analogous to the USA Federal Government, and its member countries analogous to the USA states.
Regards, LelandJ
-----Original Message----- From: ProFox [mailto:[email protected]] On Behalf Of Michael Madigan Sent: 07 November 2012 15:22 To: Pro Fox Email List Subject: [OT] Dow Jones down 240 America loves 4 more years. http://finance.yahoo.com/q;_ylt=Ah5H5txzIYQhxMiFLaAP.FOiuYdG;_ylu=X3oDMTIyMGRkaG9uBG1pdANGaW5hbmNlIEZQIE1hcmtldCBTdW1tYXJ5IDIEcG9zAzUEc2VjA01lZGlhUXVvdGVzTWFya2V0U3VtbWFyeQ--;_ylg=X3oDMTFpNzk0NjhtBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3?s=^dji --- StripMime Report -- processed MIME parts --- multipart/alternative text/plain (text body -- kept) text/html ---
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