Financial Crisis - again...?

way too complicated question to answer it in a simple way

reason why you dont year about certain other countries is due to the fact that they have their own currency and economical system.
if they are in problems they just can decide to print the money to pay their "bills" which in the end leads to an inflation which in the end ... over a long term regulates the entire economic system and its problems. Of course the ordinary people pay the price for that due to the raising costs but the country can reduce its depts this way (and most people dont even notice the trick behind it).

In europe the situation is different.
Many countries with many different economic systems, regional differences and different taxes have one currency now.
That practically is a bad idea.
While some stronger economic countries can easily deal with the situation the ones with less economical power naturally run into problems.
And it is not possible just to print a bit money for these countries to allow them to refinance themselves with a controlled inflation.
Every decision about the euro has influence on all its countries. You can not do a good decision for one country while expecting it wouldnt have bad influence on others.
In the past each country could do its own decisions on its currency... printing some money... or trying to remove it from the market (by raising and lowering the interest). That worked pretty well.... only the exchange rates had to be adjusted from time to time.

The main problem in this is that we have the euro but we are not europe yet. We dont have a common economic system, we dont have a common government.
The europe we have atm is just a half finished project.

IF we would have a common economic system in europe then we wouldnt have any downratings at all, since we would have a regulated market based on the same conditions.A rating would only matter for the entire euro zone as not only one small country would be liable for possible financial problems in that region... no, europe as a whole has the accountability then. That would not only shed the light on the weak parts... it would balance everything by considering also the strong economy in other areas of europe.
The economical differences could get dealt with internal via subventions or other regulations.

But again... all this is much more complicated and a solution is hard to achieve since everybody wants something different.

The global crisis from 2008 never ended, never got "solved" and I haven't seen news about countries going perfectly well since then, just countries trying to make changes and in europe, telling their ppl to buy freely cus that will just help getting out of the "small economical problems" instead of admitting they had a nice debt.

Well, that's just what I've seen arround. The US putting a crapload of money in their debt managed to shut the complains for a while, but they never solved the real issue, instead it just grew bigger.

What I don't get is how is it possible that all the countries and banks are losing money ? Where is it going O.o I don't think that few main directors of some banks leaving with 50 mills can make half of the european countries lose 2 % of their economy (however it is called in "technical" form).

I'm telling you folks now, this hasn't happened by accident, it didn't get here overnight and there are those in shadowy, high places who want a global financial catastrophe to happen to finally implement their agenda.

There are alot of high-profile bankers, globalists, people in power and political figures who would love to use such an opportunity to finally assume a real, one-world order, most likely under the guise of the U.N. "for the betterment of mankind in this horrible catastrophe". (HAH!)

It's coming folks, things are already coming into place and have been for some time for this to happen.(like the various trade agreements that are setting up several regional trade zones, like NAFTA, GATT and so forth with the "North American Trade Region", along with it's "new" currency, the "amero") Sadly, I think this is going to start in the EU and eventually make it's way world-wide, almost no country will not be affected by this in the end.

We are most likely one single, major event away from this all coming down, mark my words ladies and gentlemen.

hmm, humanity (nearly) united would normally be a good "goal", but aren't we doing it too fast ? O.o

If there's a way an, at least proper government gets over the rest in the world, it'd be a heavy change (as any other change, the/some people never wanted any of the changes that already happened) but in the future it would be a good part of the history.

If the government won't make it well, the revolutions won't be only in 5 countries, but a global version of it. That could also include patriotic military men that never agreed to such change, and etc.

Even from foreign view there is a major problem.... called import/export.
Entire market branches can break together if inflation becomes a problem... on the other side other branches might even benefit.

Germany's base fell with 2 % last time I seen the news here. Same as 2 other countries I don't rlly remember, France was one of them I think.

Gunny ? Where ?

heh, well, just saying what outsiders see about Germany,( that it's economy is going down as much as some other EU countries). Which is usually worse than what it actually is, like the "rumors" about Spain, where actually since this year, 3 months ago the unemployed number was decreasing instead of increasing as they said, and never passed over 5 mill of unemployed, as expected for the end of last year.

And the "Spain in fire" news appearing on the internet were not even related to manifestations against the government's changes to improve economy, but it was a known vandalic group that keeps doing the same whenever some other manifestation is going, and it only was in 1 city, where that group was. Arrests happened.

Of course "dramatization" makes news more interesting and famous.

U have no idea how screwed up the debts in US are......just take example of where I live in CA. Idiots are running everything and making a bazillion while making sure anyone who has no money can live here......ofc that is payed for by us idiots that try to work for a living. Current US policy is primarily a socialist regime that will hopefully soon run its course and then you can get back to hating the US for trying to help others

Germany has a positive economic development over years meanwhile
dunno where you have heard contrary stuff

The news at TV, 3 months ago.

you should change the channel then
germany had in the first 3 months 2012 a plus of 0,5% (and we are talking just about the first 3 months which naturally are relative weak)
1,9% growth is expected for 2012 (a careful forcast) and germanys exports increased by 3,4% compared to one year ago

there are other countries in the euro zone which also have positive developments

Well, I can't change it when it's the "News Channel", yet something stupid is going with the news makers...
Dunno what anymore, but something was going down over 2 %. Or told so.

And today on some site from Bruselles (or so) it said Spain asked for financial rescue, and now the speaker of economical affairs said it's false, there isn't even a decided ammount for the rescue until within 2 weeks.

And it's the second time (or more) some "data leak" mentioned a financial apocalypse in Spain which never arrived, but tried to destabilize the banks / bag.

Spain's debt is decreasing efficiently with the new changes, even if they say it may be 0.3 % not enough to meet EU's requisites, and unemployment is going down, even if it's just for the summer time.

unemployment

No, it was as a "bad news", related to economy, but it doesn't matter anymore as it's improving now

Looks like economy is improving in most countries in EU now... and people will see it whenever these tries to ruin things stops. Bruselles got to say that the financial rescue is "ready" cus of those news on the internet, when Spain haven't even agreed on the ammount of that rescue, until the end of this month. So asking for it was not even possible.

Quote from /V\ichael

No, it was as a "bad news", related to economy, but it doesn't matter anymore as it's improving now

ye i hve noticed that one US Dollar have gone from 0.72 to 0.83 Euro the last 4 months

wich means it will be alot more expensive for me to buy stuff on ebay... 1$ was 5.60 Kroner before and it is 6.10 Kroner now