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Exit Polls Suggest Syriza Has Won Greek Election

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    • This explains a lot.

      According to you, income is increased by having the government repeal a tax you didn't pay anyway.
      “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

      ― C.S. Lewis, The Abolition of Man

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      • First Ireland, now Spain



        So, why can't Greece?
        “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

        ― C.S. Lewis, The Abolition of Man

        Comment


        • Originally posted by pchang View Post
          This explains a lot.

          According to you, income is increased by having the government repeal a tax you didn't pay anyway.
          The bored sign was because it was collected. it was also an unjust tax.
          It will be replaced with a just one.

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          • I didn't read the link with Spain and Ireland but I know they keep throwing families out of their houses in Spain speedily en mass and with great efficiency.
            This hasn't happened here and it will also stop in Spain pretty soon when Podemos win.
            It is good to care about the people first the numbers second (or really, not at all)
            If this butthurts some people like our dear cha ching, it means we are solodily on the good track.
            I will worry when you don't complain.

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            • Maybe one day you will learn that individuals are anecdotes and that if you really want to see how ALL the people are doing, you must pay attention to the numbers. In any case, I no longer trust what Geeece says, but will wait and see what Greece does. As for unjust taxes being replaced with just taxes, let me know when Greece's tax receipts match their projections.
              “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

              ― C.S. Lewis, The Abolition of Man

              Comment


              • I have no illusion that the vast majority of your comments are completely cluless, so I don't pay attention to you.
                If you actually said something that matched reality, I would.
                But even then, your end goal is indifferent to me, so meh

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                • Originally posted by Fake Boris View Post
                  IIUC, a CDS isolates all factors that are not part of a "credit event" - i.e. partial or complete default.
                  Not fully, but at least it substantially reflects the default risk, which is why I told you to use it.

                  What you miss again is that you claimed that the existence of a positive interest is evidence of default risk. It isn't.
                  One day Canada will rule the world, and then we'll all be sorry.

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                  • Originally posted by Dauphin View Post
                    Not fully, but at least it substantially reflects the default risk, which is why I told you to use it.

                    What you miss again is that you claimed that the existence of a positive interest is evidence of default risk. It isn't.
                    So define evidence of a default risk then.
                    In Soviet Russia, Fake borises YOU.

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                    • What? I just said the CDS was sufficient. It also includes an adjusting factor though.
                      One day Canada will rule the world, and then we'll all be sorry.

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                      • Originally posted by Dauphin View Post
                        What? I just said the CDS was sufficient. It also includes an adjusting factor though.
                        Then the CDS rate is just stronger evidence than positive interest, but positive interest is still some sort of evidence. :
                        In Soviet Russia, Fake borises YOU.

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                        • Christ on a bike.....
                          One day Canada will rule the world, and then we'll all be sorry.

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                          • Originally posted by Fake Boris View Post
                            Then the CDS rate is just stronger evidence than positive interest, but positive interest is still some sort of evidence. :
                            So, if you were completely guaranteed that I would pay you back, you would lend me $1million at 0% interest?
                            “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                            ― C.S. Lewis, The Abolition of Man

                            Comment


                            • Originally posted by pchang View Post
                              So, if you were completely guaranteed that I would pay you back, you would lend me $1million at 0% interest?
                              What are the other options?
                              In Soviet Russia, Fake borises YOU.

                              Comment


                              • The other option is to say no. But, if your answer is no, explain why.
                                “It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”

                                ― C.S. Lewis, The Abolition of Man

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