An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Showing posts with label greeks. Show all posts
Showing posts with label greeks. Show all posts
Monday, July 6, 2015
Remember, just last Thursday, when Varoufakis threatened to quit if the Greek people voted "YES?" So they listen to him and voted "NO" and he still quits!
What kind of behavior is this? Does this speak to a timid, confused, mousy man or, what?
LAST THURSDAY, Varoufakis threatened to quit if the Greek people voted "YES."
So they listened to him and voted as he wished--NO--and what does he do? He fucking quits.
This is another example of the type of pathetic, useless, completely confused leadership of the left the world over. It is sooooo fucking easy for the Conservatives and neoliberals to run the left around and herd them like a bunch of sheep.
They're laughing now...absolutely laughing their asses off.
Like I said, Alexander the Great is rolling over in his grave at this pathetic display of mousy-ness.
Thursday, June 4, 2015
A Speech of Hope for Greece? Begging Your Conqueror For Mercy? ... Better Strategies Have Been Taken
(Commentary posted by Roger Erickson)
Varoufakis makes some stellar points, but this would useful only when coming from the conquerors, not from the vanquished.
Time for Greeks to wise up. Begging for mercy rarely works.
A Speech of Hope for Greece
Varoufakis makes some stellar points, but this would useful only when coming from the conquerors, not from the vanquished.
Time for Greeks to wise up. Begging for mercy rarely works.
Wednesday, May 27, 2015
Slightly Better Serfdom Terms For Greeks? Well Ok! That Makes All The Difference.
(Commentary posted by "Saint" Roger :( )
Better serfdom terms was the only goal? Why didn't Tsipras just say so up front?
Slightly Better Serfdom Terms For Greeks? Ok. That Makes All The Difference
Sometimes it comes right out of your own mirror. Then you die ... maybe slowly, and maybe not all at once, but you start to die.
Better serfdom terms was the only goal? Why didn't Tsipras just say so up front?
Slightly Better Serfdom Terms For Greeks? Ok. That Makes All The Difference
Sometimes it comes right out of your own mirror. Then you die ... maybe slowly, and maybe not all at once, but you start to die.
And all those who depend upon you are condemned to die too. Maybe some of them might escape someday ... but for now they're still sentenced.
Sometimes it really is liberty ... or death. And none of us has the right to choose the latter for our descendants.
Sometimes it really is liberty ... or death. And none of us has the right to choose the latter for our descendants.
Thursday, June 28, 2012
Greeks Should Have Seen This Coming - in 1992
Wynne Godley nailed it, way back then.
"The central idea of the Maastricht Treaty is that the EC countries should move towards an economic and monetary union, with a single currency managed by an independent central bank. But how is the rest of economic policy to be run? As the treaty proposes no new institutions other than a European bank, its sponsors must suppose that nothing more is needed. But this could only be correct if modern economies were self-adjusting systems that didn’t need any management at all."
(Hat tip to EconomicsNewZealand @economicsNZ)
An uninformed population and it's options are soon parted?
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