Greeks invented logic?
in [Design]
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From: GM on 7 May 2010 06:14 John Larkin wrote: > > http://www.bloomberg.com/apps/news?pid=20601087&sid=ai35iM38zN08 > > > Insane. Everybody in Greece will go on strike to punish... who? > > John > > What is the best solution? 1. Default now with $300 bn internal & external debt and renegotiate the debt payment 2. Take the IMF loan, put as a guarantee greek public properties (from oil resources to Acropolis to greek islands), smash the middle class, destroy the private sector (the major measure against the private sector are going to be voted in September) and then after 3 years default with a $500+ bn internal & external debt and let the german government take everything including the ones that it couldn't take even in WWII As a greek I choose number 1. Pure aristotelian logic... Regards Georgios M
From: krw on 7 May 2010 18:51 On Fri, 07 May 2010 13:14:33 +0300, GM <nospam(a)please.com> wrote: >John Larkin wrote: >> >> http://www.bloomberg.com/apps/news?pid=20601087&sid=ai35iM38zN08 >> >> >> Insane. Everybody in Greece will go on strike to punish... who? >> >> John >> >> > >What is the best solution? > >1. Default now with $300 bn internal & external debt and renegotiate the >debt payment > >2. Take the IMF loan, put as a guarantee greek public properties (from >oil resources to Acropolis to greek islands), smash the middle class, >destroy the private sector (the major measure against the private sector >are going to be voted in September) and then after 3 years default with >a $500+ bn internal & external debt and let the german government take >everything including the ones that it couldn't take even in WWII > >As a greek I choose number 1. Pure aristotelian logic... Likely the best choice, but Obama wants what's behind door #2.
From: dagmargoodboat on 7 May 2010 20:08 On May 7, 5:14 am, GM <nos...(a)please.com> wrote: > John Larkin wrote: > > >http://www.bloomberg.com/apps/news?pid=20601087&sid=ai35iM38zN08 > > > Insane. Everybody in Greece will go on strike to punish... who? > > > John > > What is the best solution? > > 1. Default now with $300 bn internal & external debt and renegotiate the > debt payment > > 2. Take the IMF loan, put as a guarantee greek public properties (from > oil resources to Acropolis to greek islands), smash the middle class, > destroy the private sector (the major measure against the private sector > are going to be voted in September) and then after 3 years default with > a $500+ bn internal & external debt and let the german government take > everything including the ones that it couldn't take even in WWII > > As a greek I choose number 1. Pure aristotelian logic... Yep. The problem in your country and ours is that when the government borrows money, the collateral promised is ... the country. Hey, we're putting into the IMF bailout(*)--save us some grapes. (*) borrowed money, naturally, not our own. James Arthur
From: John Larkin on 9 May 2010 11:36 On Fri, 07 May 2010 13:14:33 +0300, GM <nospam(a)please.com> wrote: >John Larkin wrote: >> >> http://www.bloomberg.com/apps/news?pid=20601087&sid=ai35iM38zN08 >> >> >> Insane. Everybody in Greece will go on strike to punish... who? >> >> John >> >> > >What is the best solution? > >1. Default now with $300 bn internal & external debt and renegotiate the >debt payment > >2. Take the IMF loan, put as a guarantee greek public properties (from >oil resources to Acropolis to greek islands), smash the middle class, >destroy the private sector (the major measure against the private sector >are going to be voted in September) and then after 3 years default with >a $500+ bn internal & external debt and let the german government take >everything including the ones that it couldn't take even in WWII > >As a greek I choose number 1. Pure aristotelian logic... > >Regards >Georgios M This is interesting, http://www.nytimes.com/2010/05/08/world/europe/08europe.html especially Merkel's wonderful line �a battle of the politicians against the markets... I am determined to win.� Wow. If, as you suggest, Greece were just to disavow the debt, what's to keep the crisis from reappearing, much worse, in a few years time? The southern european countries can't keep consuming more than they produce; Germany and France will get tired of paying for it. In Greece one-third of all workers are employed by the government. John
From: Nico Coesel on 9 May 2010 12:30
John Larkin <jjlarkin(a)highNOTlandTHIStechnologyPART.com> wrote: >On Fri, 07 May 2010 13:14:33 +0300, GM <nospam(a)please.com> wrote: > > >If, as you suggest, Greece were just to disavow the debt, what's to >keep the crisis from reappearing, much worse, in a few years time? The >southern european countries can't keep consuming more than they >produce; Germany and France will get tired of paying for it. > >In Greece one-third of all workers are employed by the government. Interesting. Last time I checked the Greek weren't communists :-) -- Failure does not prove something is impossible, failure simply indicates you are not using the right tools... nico(a)nctdevpuntnl (punt=.) -------------------------------------------------------------- |