tag:blogger.com,1999:blog-15768887.post4400213201167133275..comments2024-03-09T18:57:10.942+13:00Comments on Liberty Scott: Greece's tragedy should be lesson to allLibertyscotthttp://www.blogger.com/profile/12741049550997300680noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-15768887.post-15276922056197986222012-05-16T20:45:36.181+12:002012-05-16T20:45:36.181+12:00Greeks can leave,
For the rest of the week, yes. ...<i>Greeks can leave,</i><br /><br />For the rest of the week, yes. <br /><br /><i> the borders can't be closed and Bulgarians will welcome them.</i><br /><br />The Bulgars might, no-one else will. <br /><br /><i> After all, Greeks have citizenship of 26 other countries</i><br /><br />For another week or two. Not thereafter. <br /><br /><i>, and foreign airlines will continue to fly there - Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-15768887.post-40208764892900405782012-05-16T18:39:30.879+12:002012-05-16T18:39:30.879+12:00Sadly French voters have not learnt the lesson (no...Sadly French voters have not learnt the lesson (not that they had a serious Objectivist candidate to vote for). What staggers me is the media breathlessly reporting European voters as "Rejecting austerity, embracing growth" as though borrowing and spending somehow magically results in meaningful increases in quality of life.<br /><br />As Scott mentioned, good quality education, Daddyhttps://www.blogger.com/profile/01922433757298738859noreply@blogger.comtag:blogger.com,1999:blog-15768887.post-6779218337387424342012-05-16T18:38:24.436+12:002012-05-16T18:38:24.436+12:00Sadly French voters have not learnt the lesson (no...Sadly French voters have not learnt the lesson (not that they had a serious Objectivist candidate to vote for). What staggers me is the media breathlessly reporting European voters as "Rejecting austerity, embracing growth" as though borrowing and spending somehow magically results in meaningful increases in quality of life.<br /><br />As Scott mentioned, good quality education, Daddyhttps://www.blogger.com/profile/01922433757298738859noreply@blogger.comtag:blogger.com,1999:blog-15768887.post-34404621748599253462012-05-16T17:20:22.475+12:002012-05-16T17:20:22.475+12:00Greeks can leave, the borders can't be closed ...Greeks can leave, the borders can't be closed and Bulgarians will welcome them. After all, Greeks have citizenship of 26 other countries, and foreign airlines will continue to fly there - not least because the money they bring in will be sought after.<br /><br />Jeremy - My view is that Germany would leave the Euro and re-establish the Deutschmark if it were not for the events of the 1930s Libertyscotthttps://www.blogger.com/profile/12741049550997300680noreply@blogger.comtag:blogger.com,1999:blog-15768887.post-32366327251744993512012-05-16T16:30:19.114+12:002012-05-16T16:30:19.114+12:00The last two years we have seen a socialist bubble...<i>The last two years we have seen a socialist bubble coming to its end in Europe. The governments in Europe have borrowed and credit has been created to finance that borrowing. It is now apparent that that credit cannot reasonably be paid back. Since much of this debt was created by the European private sector both the Eurozone governments and the Eurozone banks are facing busts.<br /><br />It Jeremy Harrishttps://www.blogger.com/profile/05819630707494648769noreply@blogger.comtag:blogger.com,1999:blog-15768887.post-30586731449131424122012-05-16T16:12:39.755+12:002012-05-16T16:12:39.755+12:00You still don't get it.
if Germany refuses......You still don't get it.<br /><br /><i>if Germany refuses... </i><br /><br />Gemany is <b>constitutionally prohibited</b> from "helping out" Greece by its Basic Law - which demands balanced budgets and permits Germany to grant power to the European Central Bank only so long as that banks goal is to "promote price stability". If the ECB goes rogue, Germany would have to Anonymousnoreply@blogger.com