tag:blogger.com,1999:blog-2761684730989137546.post7462696064479009195..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Jens Weidmann, boss of the Bundesbank, wants the opposite of debt relief for Greece. Really.mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-76835448382795241682015-06-26T16:48:34.673-04:002015-06-26T16:48:34.673-04:00Yet another German Neo-Conservative in denial that...Yet another German Neo-Conservative in denial that the human race is eusocial. First we want you to go into debt with us so that we can foist our over-capacity on you and then when you show signs of being unable to repay we will force you into bankruptcy! The sociologist Nigel Dodds has it about right in this web article that eusociality is the key issue to be addressed in the Eurozone:-<br /><br />https://www.academia.edu/2862257/Money_Law_Sovereignty_Where_does_this_crisis_leave_the_state Schofieldhttps://www.blogger.com/profile/06135158699917324267noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-70428894615173149342015-06-26T04:07:47.128-04:002015-06-26T04:07:47.128-04:00If Greek Banks want to buy short term government d...If Greek Banks want to buy short term government debt then what concern is that of the Bundesbank. That is a commercial decision for the bank in question. <br /><br />The job of the ECB is to maintain the payments system - and if that means backing off every deposit in the Greek banking system then that is what it is tasked with doing. <br /><br />If he's worried about things then he should be putting pressure on the ECB, etc. to conclude a deal with Greece and remove the uncertainty. NeilWhttps://www.blogger.com/profile/11565959939525324309noreply@blogger.com