Re: It's Your Choice, Europe: Rebel Against the Banks or A...
by toyg on Tuesday December 06, 2011 @03:59AM
(#3318594)
The fiscal "breathing room" is there, but at European level (Ireland, Netherlands etc). Some US states also have an unmanageable level of debt, but it's balanced out across the whole union through the FED; in Europe this is not allowed by current treaties.
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Re: It's Your Choice, Europe: Rebel Against the Banks or A...
by nhaehnle on Tuesday December 06, 2011 @06:35AM
(#3318909)
It's good to keep in mind that the debt level for US states is typically more in the 10-20% range. Since Euro member nations are - as far as money is concerned - basically in the same situation as US states, it's no wonder they're in trouble.
Re: It's Your Choice, Europe: Rebel Against the Banks or A...
by wtn on Tuesday December 06, 2011 @05:26AM
(#3318746)
It's Fed not FED, Perl not PERL, Mac OS not MAC OS, &c…
Re: It's Your Choice, Europe: Rebel Against the Banks or A...
by roel_v on Tuesday December 06, 2011 @07:25AM
(#3319013)
Fed (Federal Reserve) and Mac (Macintosh) are not acronyms, just abbreviations. Perl is an acronym though. That's not to say that it should be PERL - over the years, 'Perl' has become a word of itself, but the reason it's not is different from the other examples you quote, so as a series they don't make sense.
(Practical Extraction and Reporting Language, btw)