The weekly: Greece to default/restructure THIS weekend? thread

Discussion in 'Economics' started by TGregg, Aug 19, 2011.

  1. So did Jane Jacobs and Paul Einzig.
    Who? What?

    My point precisely.
     
    #81     Sep 14, 2011
  2. benwm

    benwm

    Not gonna happen...I'm sure you know this...

    Only through use of force would this be achievable.

    The lack of "fiscal union" was always the weak link the Euro idea - and this remains as politically unfeasible as it always was.
     
    #82     Sep 15, 2011
  3. DT-waw

    DT-waw

    More financial and social chaos = closer and closer to martial law and total dictatorship.
    Exactly what the Elite wants.

    Notice, that politicians and central bankers are always choosing the worst options. Decisions, which will make nations the poorest as possible.
    The best technique is to set socialism so graceful, that it takes awful amount of debt to run it.
     
    #83     Sep 15, 2011
  4. C6H12O6

    C6H12O6

    In my very humble opinion, not the elite, but that's what the german bankers and the german politicians want.
     
    #84     Sep 15, 2011
  5. Most famously, Milton Friedman wrote about it very prophetically almost 20yrs ago.
     
    #85     Sep 15, 2011
  6. morganist

    morganist Guest

    What did he write about the default of the Euro?
     
    #86     Sep 15, 2011
  7. Not sure what the "default of the Euro" means, but you will find his answer to the relevant question at the bottom of this page (it's the last question asked):
    http://www.abc.net.au/money/vault/extras/extra5.htm
     
    #87     Sep 15, 2011
  8. morganist

    morganist Guest

    So you now agree with me about something?

    In that the Euro will fail?

    Finally a success of sorts. I just wish it was not about a bad thing.
     
    #88     Sep 15, 2011
  9. No, I am not agreeing with you. I am not sure how you decided that. In fact, I still have no idea if it will fail or survive. Either is possible and all I know is odds, rather than certainties.
     
    #89     Sep 15, 2011
  10. morganist

    morganist Guest

    I love the fact you cannot admit that you have finally agreed with me about something.

    Our odd relationship is hilarious.

    I wonder what other people think of us here.

    Anyway. My opinion is as always the Euro will fail without radical intervention. I willl just have to wait till 2014 when the Germans pull the plug on Greece due to the maturity of the debt. Then you will agree.
     
    #90     Sep 15, 2011