What does €190bn buy these days?

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Mich the Tester replied

12 September 2012, 11:21
Originally posted by FiveTimes View Post

What does €190bn buy these days? - Manchester City and the naming rights to Maine Road/City of Manchester Stadium ...

Originally posted by KaiserWilly View Post

You can buy 1/5 of Apple.

Overhyped footballers and colourful computers. Wow. Is this what they call 'inflation'?
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KaiserWilly replied

12 September 2012, 11:09
You can buy 1/5 of Apple.
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SupremeSpod replied

12 September 2012, 11:08
Originally posted by FiveTimes View Post

What does €190bn buy these days? - Manchester City and the naming rights to Maine Road/City of Manchester Stadium ...

Maine Road?
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FiveTimes replied

12 September 2012, 10:59
What does €190bn buy these days? - Manchester City and the naming rights to Maine Road/City of Manchester Stadium ...
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Mich the Tester replied

12 September 2012, 10:51
Do these sums of money really mean anything anymore? It must be several trillion gazillion worldwide, since the banks were bailed out, a few countries were bailed out, some bonusses were paid to various unsavoury gits, oh and I nearly forgot; a couple of wars were started and never finished.

If all this results in debt, then everybody on the planet must owe someone more than a grand by now, and seeing as most never even see a grand in their lives it's all becoming meaningless. Maybe it's time for one massive worldwide debt cancelling operation because otherwise I can't see how there's a way out of this. Except perhaps a big worldwide money printing operation and some hyperinflation.
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SupremeSpod replied

12 September 2012, 10:37
Originally posted by BrilloPad View Post

The German Constitutional Court has cleared the fiscal pact and the eurozone's permanent rescue fund but said the German liability to the ESM must not exceed €190bn without parliament's approval.

That should keep the Southern bloc going for a month.

Originally posted by Doggy Styles View Post

And then what happens?

An additional request will be made and the German Parliament will approve it.

A non-story.
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Doggy Styles replied

12 September 2012, 10:35
Originally posted by BrilloPad View Post

The German Constitutional Court has cleared the fiscal pact and the eurozone's permanent rescue fund but said the German liability to the ESM must not exceed €190bn without parliament's approval.

That should keep the Southern bloc going for a month.

And then what happens?
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BrilloPad started a topic What does €190bn buy these days?

12 September 2012, 09:26
What does €190bn buy these days?

The German Constitutional Court has cleared the fiscal pact and the eurozone's permanent rescue fund but said the German liability to the ESM must not exceed €190bn without parliament's approval.

That should keep the Southern bloc going for a month.
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