Home › Forums › Financial Markets/Economics › Report from Paris – great reading
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January 8, 2009 at 7:57 PM #326131January 8, 2009 at 9:39 PM #326514patientrenterParticipant
[quote=bsrsharma]… USA don’t just pay half….
I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
January 8, 2009 at 9:39 PM #326581patientrenterParticipant[quote=bsrsharma]… USA don’t just pay half….
I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
January 8, 2009 at 9:39 PM #326601patientrenterParticipant[quote=bsrsharma]… USA don’t just pay half….
I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
January 8, 2009 at 9:39 PM #326173patientrenterParticipant[quote=bsrsharma]… USA don’t just pay half….
I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
January 8, 2009 at 9:39 PM #326684patientrenterParticipant[quote=bsrsharma]… USA don’t just pay half….
I hope that was tongue in cheek! You realize US treasury is beyond bankrupt (-11T) to practice such generosity. Wait till treasury floats paper for 1.2T deficit this year and see what happens to $ and rates.[/quote]
Sorry, bsrsharma, but I actually did not have my tongue in my cheek. Europe should pay most or all of the tab, but the US has already spent trillions to limit Russian expansion, so why skimp on a few tens of billions that would keep Ukraine out of Putin’s clutches? It’s a lot cheaper than building military forces to intimidate Russia out of Ukraine after it takes hold.
January 9, 2009 at 9:07 AM #32628434f3f3fParticipantYou never know quite what is going on in situations like this, but it could be interpreted that Europe is being held to ransom. “You want the Ukraine, you can have her but she comes with a few debts.” I spent a little time in the Ukraine, but it was about 30 years ago. Then it was part of the Soviet Union. It struck me then as having a distinctive cultural identity, and independence seems a natural evolutions for many post Soviet satellites. However, putting aside communism’s stated goals for a moment, it should be remembered that the “buffer zone” was a strategic response to what Russia saw as European expansionism. There may be a case to argue that those fears still linger.
January 9, 2009 at 9:07 AM #32662234f3f3fParticipantYou never know quite what is going on in situations like this, but it could be interpreted that Europe is being held to ransom. “You want the Ukraine, you can have her but she comes with a few debts.” I spent a little time in the Ukraine, but it was about 30 years ago. Then it was part of the Soviet Union. It struck me then as having a distinctive cultural identity, and independence seems a natural evolutions for many post Soviet satellites. However, putting aside communism’s stated goals for a moment, it should be remembered that the “buffer zone” was a strategic response to what Russia saw as European expansionism. There may be a case to argue that those fears still linger.
January 9, 2009 at 9:07 AM #32669134f3f3fParticipantYou never know quite what is going on in situations like this, but it could be interpreted that Europe is being held to ransom. “You want the Ukraine, you can have her but she comes with a few debts.” I spent a little time in the Ukraine, but it was about 30 years ago. Then it was part of the Soviet Union. It struck me then as having a distinctive cultural identity, and independence seems a natural evolutions for many post Soviet satellites. However, putting aside communism’s stated goals for a moment, it should be remembered that the “buffer zone” was a strategic response to what Russia saw as European expansionism. There may be a case to argue that those fears still linger.
January 9, 2009 at 9:07 AM #32671034f3f3fParticipantYou never know quite what is going on in situations like this, but it could be interpreted that Europe is being held to ransom. “You want the Ukraine, you can have her but she comes with a few debts.” I spent a little time in the Ukraine, but it was about 30 years ago. Then it was part of the Soviet Union. It struck me then as having a distinctive cultural identity, and independence seems a natural evolutions for many post Soviet satellites. However, putting aside communism’s stated goals for a moment, it should be remembered that the “buffer zone” was a strategic response to what Russia saw as European expansionism. There may be a case to argue that those fears still linger.
January 9, 2009 at 9:07 AM #32679434f3f3fParticipantYou never know quite what is going on in situations like this, but it could be interpreted that Europe is being held to ransom. “You want the Ukraine, you can have her but she comes with a few debts.” I spent a little time in the Ukraine, but it was about 30 years ago. Then it was part of the Soviet Union. It struck me then as having a distinctive cultural identity, and independence seems a natural evolutions for many post Soviet satellites. However, putting aside communism’s stated goals for a moment, it should be remembered that the “buffer zone” was a strategic response to what Russia saw as European expansionism. There may be a case to argue that those fears still linger.
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