an SSD drive is also not a "drive", how dare some call it such. Hair splitting where the effects are the exact same. Peace.
Not even close. That link I gave Zdreg is good because it is a relatively short piece so it won't take you long to read it. There are a number of other important differences beside the one mentioned in the Bloomberg article, but the distinction drawn in that article goes to the core of all the differences. The difference between printing and QE is huge. It's the difference between a wheelbarrow full of bank notes to buy a loaf of bread and less than 2% inflation! And that IS huge!
You really need to learn how to keep a dialogue down to one post. Watch. It's not going to happen. That's why I've said over and over that "what cannot be repaid, won't." The Greeks have to leave the EU. Nothing will change. I'm not sure how many times more I can say it for you. Would it help if it put it in a coloring book and you could use crayons to draw inside the lines? The EU still shows signs of wanting to lend, so it hasn't learned yet apparently (or it just wants to make sure it's own money is returned to it - "Here is your loan to pay us back!"). Hopefully, someone in the EU will grow a brain and say "no more!" Hasn't happened yet. No, why? Yeah, it's really cool. Nowadays you can actually pick up your things and relocate to a new place in the world. People no longer have to live in the place they grew up. It's fascinating, really. You should check it out. Oh wait, you were German by birth and moved to Asia. Silly me! Does living in Asia make you Asian? Does living in Florida suddenly make me a "redneck"? I gotta tell ya, Volly. Every time I think you've said the dumbest thing you could, you surprise me by showing me I was mistaken. You're now saying that someone living in NJ is a redneck when compared to NY? Can someone from New York City please confirm this? It's the first I've heard of it.
Goodness , good luck with you thinking that. I rather look to extract value by focusing on the effects. You can continue to be a stickler for details.
All bla bla. You are just masquerading the shithole you apparently live in else you would not always change topic. No picture ever of your physical setup over all these years on ET and then Florida now NJ. Sorry pal but it all just sounds like a lot of hot air and very little behind. I just get the impression you are talking way over your head.
Ha no, why else would I work and live in HK? The arse bending of the Brits is just remarkable and tangents the topic of this thread. Some in the UK seem to honestly think they can beat Germany's economy by getting an assrape by the Chinese in exchange for favors. It's the products, stupid, the products!!! People just love German stuff. Can't help it. The humor they lack they buy from their American friends (Tsingtao actually delivers it for free he won't even charge for it though he apparently should to get out of NJ and back to a more civilized place).
The trouble for Greece is that the whole socialistic "workers of the world unite" thing and complete wealth redistribution no longer exists. Russia isn't going to be able to lend anything of consequence other than assassins and prostitutes for well known and published reasons. No internationally recognized capital reserves of consequence to lend in serious amounts. They've defaulted on sovereign debt of their own and energy prices are projected to remain suppressed for several years. China, on the other hand, has enormous capital reserves to lend. But China is the polar opposite of Greece from a sociopolitical perspective - and if Greece misses just one payment or asks for a loan restructuring... Well, it would be consistent with other Chinese actions to find an entire Grecian island archipelago occupied, armed, and claimed as Chinese territory in kind.
I don't know if being near enough landlocked has made the german people this way but no one in the uk really gives a dam about the german economy never mind beating it, when you only have fish for immediate neighbors rthe ego can cool it a bit(y)