Europe's new plan: to give more free money to banks

[TheCoinGrabber]

Government always ruin whatever they throw money at. Even more infuriating is that these bankers feel entitled to such subsidies. All they'll achieve by printing more money is weakening the economy in the long run.

Best of luck to everyone. Once the next crash comes, it's gonna be much worse.

[Naida_BR]

Government always ruin whatever they throw money at. Even more infuriating is that these bankers feel entitled to such subsidies. All they'll achieve by printing more money is weakening the economy in the long run.

Best of luck to everyone. Once the next crash comes, it's gonna be much worse.

Instead of giving money to save banks, governments can make some public spending in terms of transport infrastructure (build roads, stations, airports etc.) that will help the trading of goods between countries.
Moves like these can improve the trading balance of the EU, but they insist of trying to protect the banks in this vicious cycle that the economy has fallen.

[sebinjohn]

Hi!!

With the European countries tottering on low growth trajectories, low birth rates, high deficits a situation like the US in 2008 is bound to happen.

[TheCoinGrabber]

snip

Instead of giving money to save banks, governments can make some public spending in terms of transport infrastructure (build roads, stations, airports etc.) that will help the trading of goods between countries.
Moves like these can improve the trading balance of the EU, but they insist of trying to protect the banks in this vicious cycle that the economy has fallen.

Makes me wonder if EU is also doing what China is doing, offering loans to smaller countries to build up so they can keep buying Chinese goods. Of course we know the strings attached but the thing is, the scheme is to keep the trade flowing.

[breathlessz]

snip

Instead of giving money to save banks, governments can make some public spending in terms of transport infrastructure (build roads, stations, airports etc.) that will help the trading of goods between countries.
Moves like these can improve the trading balance of the EU, but they insist of trying to protect the banks in this vicious cycle that the economy has fallen.

Makes me wonder if EU is also doing what China is doing, offering loans to smaller countries to build up so they can keep buying Chinese goods. Of course we know the strings attached but the thing is, the scheme is to keep the trade flowing.

we just wait for the policy, such a strategy is a strategy to bind a country to be able to use its products, so that they have a market and benefit from the loan funds, tactics that are quite wise