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Greece has been in a cycle of high debt and default since 1833. Just ask Carmen Rienhart.
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“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 -
Of course, it's always entertaining what zanny theories the architects of cluster****s will come up with to try and justify their failures.
And for that, they must be thanked.
So I'd rather ask krugman or schtiglitz (sp?).
They also have nobels which they can toss around between themComment
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And somehow nobody learns to stop lending money to Greece. Rich European bankers are caught in a cycle of lending money only to get screwed overOriginally posted by pchang View Post
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Poor bankers.
Really my heart aches.
IS THERE NO JUSTICE IN THIS WORLD?
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BTW even though I think Greece was the only country to get a loan even beofre it was formed (!), it has defaulted far less times than other countries.
But it is entertaining what other rabbits the clueless are going to draw from their hats.
They must go to kids parties and make themselves useful.Comment
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When your credit is that bad and you still get loans you aren't the problemOriginally posted by pchang View PostI drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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nah, they're probably on their way to the clinic after too much anti-anxiety drugs.Comment
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BTW did you know which countries had the most write offs in the last century?
France and Germany.
Oh yes.
Doesn't fit with your narrow world view clueluss ***** HA!
Trying to explain the european situation with pure (and neoliberal) economics is like trying to screw a screw with a sandwich.
Better eat it.Comment
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The solution is freem arkets.
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And not getting into massively destructive wars on home soil.The genesis of the "evil Finn" concept- Evil, evil FinlandComment
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the reaction from conservative priti patel to the corbyn victory.
i hope the tories use her more as a spokeswoman in the coming months/years.
"The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.
"The most obvious predicition about the future is that it will be mostly like the past" - Alain de BottonComment
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This is even better
One of these days this kind of "presentation" will backfire. Looking good for Corbyn already, as in the UK majority of the people Tory or not, can actually think.Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
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Also a fair review of a mountain he has to climb, with the media. (or better to say against them, outside of Scotland - no friends whatsoever).Last edited by OneFootInTheGrave; September 13, 2015, 06:12.Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
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The poor sods just can't realize that there's absolutely nothing they can do to prevent him from getting into office.
They will be his most valuable promoters and the only thing that could hinder him is him making some terrible mistake.
(but it would have to be terrible, like slapping a priest in public or something)Comment
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