Dutch government falls in budget crisis


World | 208328 hits | Apr 23 3:36 pm | Posted by: xerxes
5 Comment

Dutch Prime Minister Mark Rutte tenders his government's resignation to Queen Beatrix amid a row over European budget rules, paving the way for early polls.

Comments

  1. by avatar martin14
    Tue Apr 24, 2012 8:11 pm
    If the Krauts and the Frogs won't do it, why should the Cloggers ?


    It was a big mistake to have a Euro without penalties for misbehaviour.

    As you sow, so shall you reap...

  2. by avatar BartSimpson Gold Member
    Tue Apr 24, 2012 9:35 pm
    It's Brenda's fault for leaving Holland and taking her wooden shoe company with her. :P

  3. by avatar Brenda
    Tue Apr 24, 2012 11:00 pm
    Well, duhhh :P
    Now ask me if I care? ;-)

    From what I gathered, Rutte (prime minister) was supposed to get Europe (Brussels) a budget with no more than 3% deficit. WHY would the Dutch elderly bleed (they were trying to cut OAS) when the rest of Europe is just fucking around? Come on now. Geert Wilders did the only right thing.

  4. by avatar BartSimpson Gold Member
    Tue Apr 24, 2012 11:15 pm
    I agree. Why should the frugal countries suffer so the Greeks, Spanish, Portuguese, and Irish don't have to confront their problems?

    EDIT: And in my email this very second what pops up:

    http://www.telegraph.co.uk/finance/comm ... mbles.html

  5. by Bruce_E_T
    Wed Apr 25, 2012 5:22 am
    "BartSimpson" said
    I agree. Why should the frugal countries suffer so the Greeks, Spanish, Portuguese, and Irish don't have to confront their problems?

    EDIT: And in my email this very second what pops up:

    http://www.telegraph.co.uk/finance/comm ... mbles.html

    Good article.
    The results are in: the hard-Left and hard-Right are on the rampage across Euroland. We have not reached breaking point of July 1932 when Nazis and Communists won over the half the Reichstag seats. That tragedy was the fruit of the Brüning deflation, rigidly imposed to uphold the Gold Standard - the euro's trial-run.

    We forget now, but Germany was heavily indebted to foreigners in 1930, like Spain today. It was the refusal of the creditor powers (US and France) to reliquify the system and slow monetary contraction that pushed Germany over a cliff. The parallels are haunting, but the politics are more genteel this time - up to a point.

    This crisis seems to have a way of feeding on itself. i keep thinking "Just because you have a problem does not mean you have a solution"



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