troika will be in Greece forever Merkel wants 'permanent' supervision of Greece, warns of war BRUSSELS - Peace should not be taken for granted if the euro fails, German chancellor Merkel told MPs. In a dark blue jacket reflecting the mood in and about the eurozone, Merkel abandoned her usual cautious rhetoric warned outright of a war. "But debt restructuring alone does not solve the problem. Painful structural reforms have to be made, otherwise even after debt restructuring we're back to where we are today," Merkel warned. That's why, she said, Greece would have to be "assisted" for quite some time. "It's not enough that the troika comes and goes every three months. It would be desirable to have a permanent supervision in Greece," she said.
she surely knows how to use excel. and run some monte carlo to hang shorts by the ball hope anglosaxon presidents can match 23% of her intelligence.
That would be the 5th Riche and with a woman president perhaps no longer the fatherland but the mommy land.
The Germanic tribe have always been warmongers, and they are good at it. If Germany decides to "intervene" again. Where will the US be? Both times we had to stop them before, but we were a different nation then, and they know that.
This is a bit hyperbolic, don't you think? What you're witnessing is the dynamic of a currency union, which has nothing to do with the Germanic character, and everything to do with how currency unions work: http://www.elitetrader.com/vb/showthread.php?s=&postid=3301601#post3301601 All of you (with the possible exception of martinghoul, the sanist person on this forum (and I say that knowing full well I'm nuts)) need to start reading Jane Jacobs. A short synopsis: http://www.zompist.com/jacobs.html When you're done with her and are trying to figure out where she got her crazy notions, you can start reading such obscure (to the folks around here anyway) people like Henri Pirenne (start with Medieval Cities and then read the rest), Paul Einzig (you could start with The Case Against Joining the Common Market and branch out from there), and Steve Mihm's sometimes hilarious A Nation of Counterfeiters, which inadvertently makes the case for local currencies in between what he thinks is a book that shows the case against them.
"how currency unions work?" If you're you're going to lambaste someone for posting hyperbole it's good form to not go and one-up them with a hyperbolic post of your own. No currency union, in all of recorded history, has ever "worked."