The IMF no. The ECB would have backstopped the banks. The EU rescue plan would have been a lot more cautious and stringent. Yes.
Here is the blog it came from. Feel free to complain. Otherwise, I guess you'll just have to accept that it's out there. I certainly believe Charles Smith more than some angry German loudmouth that spews nothing but personal attacks and profanity! Have a happy day, volpunter! Or angry day, whatever you like more. http://www.oftwominds.com/blog.html
more stringent? Wait, have you not just complained for 60 pages about the stringent austerity bailout attachments that make no sense? And we did not talk about banks. I asked you a simple, straight-forward question: If the pre-bailout debt of Greece was owed to non-European sovereigns then you are suggesting that Greece would not have been bailed out by Europe?
Shall I say more? Another of your authors hall of shame!!! "Within a few years I returned to self-employment, a genteel poverty interrupted by an 18-month gig re-organizing the back office of a quantitative stock market analyst. I learned how to lose money in the market with efficiency and aplomb, lessons I continue to practice when the temptation to battle the Monster Id strikes." -> basically wannabee trader who never made it and resorted to all sorts of alternative approaches to life to somehow stay afloat. My Bio At readers' request, I've prepared a biography. I am not confident this is the right length or has the desired information; the whole project veers uncomfortably close to PR. On the other hand, who wants to read a boring bio? I am reminded of the "Peanuts" comic character Lucy, who once issued this terse biographical summary: "A man was born, he lived, he died." All undoubtedly true, but somewhat lacking in narrative. I was raised in southern California as a rootless cosmopolitan: born in Santa Monica, and then towed by an upwardly mobile family to Van Nuys, Tarzana, Los Feliz and San Marino, where the penultimate conclusion of upward mobility, divorce and a shattered family, sent us to Big Bear Lake in the San Bernadino mountains. The next iteration of family took us to the island of Lanai in Hawaii, where I was honored to join the outstanding basketball team (as benchwarmer), and where we rode the only Matchless 350 cc motorcycle on the island, and most likely in the state, through the red-dirt pineapple fields to the splendidly isolated rocky coastline. In 1969-70, this was the old planation Hawaii, where we picked pine in summer beneath a sweltering sun. We next moved to Honolulu, where I graduated from Punahou School and earned a degree in Comparative Philosophy (i.e. East and West) at the University of Hawaii-Manoa. The family moved back to California and I stayed on, working my way through college apprenticing in the building/remodeling trades. I was quite active in the American Friends Service Committee (Quakers) and the People's Party of Hawaii in this era (1970s). I next moved to the Big Island of Hawaii, where my partner and I built over fifty custom homes and a 43-unit subdivision, as well as several commercial projects. Nearly going broke was all well and good, but I was driven to pursue my dream-career as a writer, so we moved to the San Francisco Bay Area in 1987 where I worked in non-profit education while writing free-lance journalism articles on housing, design and urban planning. Within a few years I returned to self-employment, a genteel poverty interrupted by an 18-month gig re-organizing the back office of a quantitative stock market analyst. I learned how to lose money in the market with efficiency and aplomb, lessons I continue to practice when the temptation to battle the Monster Id strikes. Somewhere in here my first novel was published by The Permanent Press, but alas it fell still-born from the press--a now monotonous result of writing fiction. (Seven novels and I still can't stop myself.) I started the Of Two Minds blog in May 2005 as a side project of self-expression, and in an unpredictable twist of evolutionary incaution, that project has ballooned into a website with about 3,500 pages that has drawn almost 20 million page views. The site's primary asset may well be the extensive global network of friends and correspondents I draw upon for intelligence and analysis.
When you can't win the argument, attack the source. http://en.wikipedia.org/wiki/Ad_hominem You could always post your own bio here and show us what a wizard you are. It sure is brave going after someone else when you can hide behind anonymity!
and I guess you again wind yourself and refuse to answer a simple question straight forwardly. Sure they would have been different. But that again was not the question. But hey, I take it you refuse to answer it anyway.
says the one who even blocks access to his anonymous ET profile? Hilarious. At least I cite sources from the ECB and EU websites directly with straight but boring facts. I cite only those FT articles that are authored by those with economics degrees and a keen understanding of financial markets. Not those who have never had an achievement in life to show for.