What does €190bn buy these days?

[BrilloPad]

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.

[Doggy Styles]

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?

[SupremeSpod]

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?

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

A non-story.

[Mich the Tester]

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.

[FiveTimes]

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

[SupremeSpod]

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

Maine Road?

[KaiserWilly]

You can buy 1/5 of Apple.

[Mich the Tester]

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

You can buy 1/5 of Apple.

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