Posted on 02/13/2015 2:11:33 PM PST by Kaslin
Actually at first it worked too well.
All of the silver they imported from their colonies debased the currencies of Europe and caused massive inflation.
Portugal has (IMNVHO, of course) profound economic problems. Big international conglomerates very often do NOT provide high levels of employment in their home country, in which right unemployment reportedly hovers somewhere in the neighborhood of 15%, and in real life may be, as these things go, somewhat higher. I am sure many an unemployed Joao really gets a patriotic thrill walking past those jazzy HQ buildings.
(a)off the cuff,
(b)ignorant,
(c) asshat comments
In re:
(a): Most assuredly, however there is a lot written on the cuff
(b): In many areas
(c):I have forwarded your stirring defense of Portugal to the appropriate Chamber of Commerce, however they may not approve of your intemperate language.
I do however, somewhat agree with your off-the-cuff generalized remarks about the Euro
OBTW, welcome to the site. Keep those posts coming!
Ironically, it was a massive silver strike near Athens that helped propel them ahead of the other cities Athens came to dominate and also financed Athenian colonies and trading posts abroad.
This entire display of gamesmanship for the world to see is just a show.
It’s an “Eminence Front”.
It’s a put on.
For what it’s worth from my perspective and for those that are listening.
Deception is so commonplace among so many countries in the Middle east that we in the “west” don’t get it.
I would include Greece in this group.
Not so much Italy.
But all the Arab states certainly practice the art of deception to advance their goals.
Americans don’t understand the need to lie or deceive any counter-party in any transaction.
We think that those “counter parties” have a the same fundamental foundation for truth that we have.
They don’t.
It’s in many ways the difference between Peter and Paul.
Here's what Alexis Tsipras says about it:
"What happened in Chile when the dictatorship fell, what is happening in Venezuela today, what happened in Argentina ten years ago, when the IMF left Argentina, all this constitutes experiences that make us much richer and help us to perfect and concretise our strategy, both in Greece and in Europe."
At the same time, Venezuela and Bolivia are copying the Greek Model!
Greece is looking for a total reset.
Debt forgiveness without austerity ?
Those that have been given debt forgiveness are right back where they started.
It’s an issue of the culture and it’s acceptance of corruption that the people accept as normal.
It’s ultimately, IMHO, the difference between who is thought to be “the source” of rights vs the “custodians”.
True, free market capitalism is really scary.
Free market capitalism is the purest form of the expression of human nature.
This expression is what the Leftist fear.
They think that “everybody” is out to screw over everybody they can because that is what they would do.
True capitalism is a leap of faith in the integrity of ones fellow man.
Leftist’s, progressives have no faith in their fellow man. They don’t trust the capitalist because they don’t trust themselves.
At the end of the day it all comes down to “The Fall”
Man is flawed according to God.
or
Man and society is a work in progress.
The question the progressive liberal has always underlies their foundation of uncertainty.
Liberals are very proud and while they accept certain aspects of the “Fall” they can’t, like most Arabs accept the “fall” in it’s entirety.
Judge me not ye saints for my history may be tainted
But I’m sober enough to know blood when I see it
I’ve borne my share of stones most of them easily thrown
But who’s to deny your water shed side leading me home?
What am I supposed to do about it now?
Past regrets and long laments, they find me somehow
O, what am I supposed to do about it now?
What have I to do but fall down?
To spy from far away may seem that I’m one to betray
But O, how I try the spirit to guide, the promise you made
What am I supposed to do about it now?
Past regrets and long laments, they find me somehow
O, what am I supposed to do about it now?
What have I to do but fall down?
Hold me up, never let me go
Love me when I am broken and speak to me
What am I supposed to do about it now?
Past regrets and long laments, they find me somehow
O, what am I supposed to do about it now?
What have I to do but fall down?
https://www.youtube.com/watch?v=B5zjOl3DpZA
The “What am I supposed to do about it now” is the issue.
Faith ?
or
Force ?
They seem to have chosen force.
another perspective, from the economist
what is the collateral on these loans?
if there is no collateral, then perhaps the problem is with the loaners.
yet another take
http://america.aljazeera.com/opinions/2015/2/germany-owes-greece-for-nazi-era-debts.html
...but not for long...seems that the Turks are re-introducing islamic curriculum into the schools......Ataturk spinning in grave.
Greece needs a Pinochet type figure.
Greece needs to bail out of the Euro and the Eurozone. Default the debt and go back to basics
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