Alexis Tsipras' "open letter" to German citizens

Discussion in 'Economics' started by Tsing Tao, Jan 29, 2015.

  1. Tsing Tao

    Tsing Tao

    Glad you thought it was funny. I sure did!
     
    #781     Feb 24, 2015
  2. and more of your garbage. You are a sad man, you really have no limits when someone stings you.

     
    #782     Feb 24, 2015
    d08 likes this.
  3. Tsing Tao

    Tsing Tao

    GERMANY WON'T GET LARGE PART OF GREECE LOANS REPAID - MERKEL PARTY LAWMAKER BOSBACH

    Ah, the charade weakens.
     
    #783     Feb 24, 2015
  4. Tsing Tao

    Tsing Tao

    If the sting is a gnat bite, I'm not really going to notice it. :) If you want more of an impact, you have to do better.
     
    #784     Feb 24, 2015
  5. luisHK

    luisHK

    thailand is South East Asia but never mind...
    It is a cheap shot, there's a lot of business going on in East Asia, much of it finance related
     
    #785     Feb 24, 2015
    d08 likes this.
  6. Tsing Tao

    Tsing Tao

    I don't doubt it. I'm talking about volpunter, though.

    I get that you're in HK, but you shouldn't be offended by a flame war that doesn't include you. :)
     
    #786     Feb 24, 2015
  7. Tsing Tao

    Tsing Tao

    The Reason Why The Eurogroup Rushed To Approve The Greek Reform Package?

    As we noted earlier today, there was some confusion over the plight of the Greek reform proposal document, which initially was said to have been delayed until today, only for the Troika, pardon, Institutions, to flip around and say they had actually received it before midnight on Monday. How could the two be possible? Courtesy of Yannis Koutsomitis, who had the simple but profound idea of looking at the properties tab in the leaked Varoufakis draft of the agreed to proposals, we now know.

    As it turns out, the reason why not only the Troika received an agreed to version of the Greek reform proposals "before midnight on Monday", but rushed these through with a favorable agreement today, is that, drumroll, the European Commission drafted the entire letter!

    [​IMG]



    All Yanis Varoufakis had to do was agree to the letter that the Troika had previously written and agreed in advance was agreeable to it, and send it back. The skeptics are encouraged to play around the original pdf "leak" found here.

    As for the actual author of the "Greek" reform package, a document which was created at 10:09 pm on Monday, February 23, 2015 (so technically, yes, before midnight on Monday) was one Declan Costello of the European Commission.

    Who is Declan? Here is his bio courtesy of the CEPR's Policy Portal, VOX:



    Declan Costello



    [​IMG]Declan Costello is an Economist working in the Directorate General for Economic and Financial Affairs of the European Commission since 1991. Currently he is Head of Unit in the department responsible for the 'Coordination of structural refroms and of the economic service, which is involved in developing the economic framework for analysing progress with structural reforms at EU and Member State level towards raising growth potential (the so-called Lisbon strategy), and developing EU policies in response to the economic crisis. Prior to this, he was Head of Unit dealing with economic analysis of labour markets and social welfare systems, where he co-ordinated a project to make projections on the economic and budgetary impact of ageing populations for EU Member States. He has a degree in economics from Trinity College Dublin and a Masters degree for the College of Europe, Bruges. Representing the European Commission, Mr. Costello is also an alternate member of the Economic Policy Committee (EPC) which advises and prepares the EU's Council of Economics and Finance Ministers (ECOFIN).

    But the biggest joke in all this? As the FT's Peter Spiegel revealed, the IMF, which is an integral part of the Institutional Troika, now pretends to not be on board with the very letter it helped draft (and one doesn't need to believe the pdf story above for that: after all all parties have said they cooperated over the weekend when drafting the final version of the letter) just to give the process some aura of legitimacy.

    [​IMG]

    Dow Jones adds:

    • GREEK LIST FAILS TO MAKE CLEAR ASSURANCES ON PENSION, VAT OVERHAULS, LIBERALIZING CLOSED SECTORS - IMF'S LAGARDE
    • IMF'S LAGARDE: GREEK OVERHAUL PROPOSALS 'GENERALLY NOT VERY SPECIFIC'
    • IMF'S LAGARDE: GREEK PROPOSALS A GOOD STARTING POINT
    • IMF'S LAGARDE: GREEK PROPOSALS FAIL TO GIVE ASSURANCES ON IMPORTANT BAILOUT REFORMS
    • IMF'S LAGARDE: CURRENT GREEK BAILOUT PROPOSALS INSUFFICIENT TO RELEASE FUND CASH
    • EU FIN MINS CALL ON GREEK AUTHORITIES TO "FURTHER DEVELOP" AND "BROADEN" LIST OF REFORM MEASURES
    Because the tragicomedy must go on!
     
    #787     Feb 24, 2015
  8. you lost every last bit of credibility and respect.

     
    #788     Feb 24, 2015
  9. luisHK

    luisHK

    Not offended, and imo to each his own sexually, but if someone mentionned living in North America, hinting it might be Chicaco or Vancouver, and working in Finance, I wouldn't look smart retorting he probably moved to Colombia to screw ladyboys.
     
    #789     Feb 24, 2015
    d08 likes this.
  10. Tsing Tao

    Tsing Tao

    It wasn't about going for factual information, but flaming. Is this your first observation of a flame war?

    I could probably provide you some links if you'd like to read up on them.

    Hint: I don't really and truly believe that volpunter, muppet as he is, moved to Thailand to seek out ladyboys.

    Have I soothed your sense of propriety now?
     
    #790     Feb 24, 2015