Obama’s Euro-Crisis Lecture Is ‘Pitiful and Sad’

Spiegel Online
September 29, 2011

Europeans are well aware of the seriousness of their ongoing debt crisis. But they don’t, it seems, like to receive lectures from other countries — especially the United States, which is struggling to deal with its own mountain of debt.

On Tuesday, German Finance Minister Wolfgang Schäuble curtly rejected recent American criticism of Europe’s approach to solving its debt crisis. “I don’t think Europe’s problems are America’s only problems,” said Schäuble, who has become increasingly sharp-tongued as the euro crisis deepens. “It’s always easier to give other people advice.”

Schäuble was referring to strongly worded comments made by US President Barack Obama and US Treasury Secretary Timothy Geithner in recent days. At an event in California on Monday, Obama warned Europeans that their inaction was “scaring the world.” The Europeans, he said, “have not fully healed from the crisis back in 2007 and never fully dealt with all the challenges that their banking system faced. It’s now being compounded by what’s happening in Greece.” He continued: “They’re going through a financial crisis that is scaring the world, and they’re trying to take responsible actions, but those actions haven’t been quite as quick as they need to be.”

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5 Responses to “Obama’s Euro-Crisis Lecture Is ‘Pitiful and Sad’”

  1. Obama is such a reggin’ monkey. Just look at his pictures.

    • If you mean what I think you do, get help. Soon.

      • I mean reggin’, man,. Reggin’!

  2. People in USA know who the real culprits are that are causing economic castatrophe in the EU and the USA…the bank robbers. Fingerpointing is just a ploy by Obama and his administration to lay blame. If the people of Greece were smart, they would tell those bankers to take a hike. It will be difficult for them and they know that, but it is what must be done. I saw some pictures from Greece online yesterday, and they also know who these psycopaths are. If they hold out, they will finally get it together and take their country back from these robber barons.

  3. Botero – let us mind our own business. We have enough problems that we need to take care of first, so be a Model for the world, will ya?

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