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ECB and Inflation

Started by The Minsky Moment, November 06, 2013, 02:06:33 PM

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Admiral Yi

 :lol:

Next they should try claiming they've actually already paid it all back, but no one was paying attention.

Valmy

Wait are they claiming the debts were borrowed by their previous military dictatorships?

QuoteThe debt truth committee?

It sounds better in Greek.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

The Brain

I think they should keep digging.
Women want me. Men want to be with me.

Syt

http://www.reuters.com/article/2015/06/18/eurozone-greece-imf-adults-idUSB5N0YP00920150618

QuoteGreece and its international creditors must discuss the Greek crisis as "adults", IMF Managing Director Christine Lagarde said on Thursday.

"We can only arrive at a resolution if there is a dialogue, and for the moment we are short of the dialogue, so the key emergency in my view is to restore the dialogue with adults in the room," Lagarde told a news conference.
I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Legbiter

Lagarde sounds like an idiot. Hope the Greeks have a plan B.
Posted using 100% recycled electrons.

The Minsky Moment

Seriously?
Having a plan B is not an issue.  The problem is not having a viable Plan A.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Razgovory

Quote from: Crazy_Ivan80 on June 11, 2015, 12:53:26 PM

the greeks need to learn that the rest of europe will not pay for their happy-time


What school of economics emphasizes grudges and revenge?
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Crazy_Ivan80

Quote from: Razgovory on June 19, 2015, 10:35:23 PM
Quote from: Crazy_Ivan80 on June 11, 2015, 12:53:26 PM

the greeks need to learn that the rest of europe will not pay for their happy-time


What school of economics emphasizes grudges and revenge?

the school where the greeks learn to pay their taxes instead of leeching

The Brain

You have to encourage the others.
Women want me. Men want to be with me.

Legbiter

Quote from: The Minsky Moment on June 19, 2015, 09:33:02 PM
Seriously?
Having a plan B is not an issue.  The problem is not having a viable Plan A.

The obvious plan A hasn't been done for at least 5 years now, why it hasn't been done is baffling to me.
Posted using 100% recycled electrons.

Razgovory

Quote from: Crazy_Ivan80 on June 20, 2015, 03:40:14 AM
Quote from: Razgovory on June 19, 2015, 10:35:23 PM
Quote from: Crazy_Ivan80 on June 11, 2015, 12:53:26 PM

the greeks need to learn that the rest of europe will not pay for their happy-time


What school of economics emphasizes grudges and revenge?

the school where the greeks learn to pay their taxes instead of leeching

I can't help but think that this might not be rational economic behavior.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Syt

I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Valmy

Quote from: Razgovory on June 20, 2015, 10:35:53 AM
I can't help but think that this might not be rational economic behavior.

It is not economic it is political. This is the kind of problem you run into with confederations. We give lots of money to crap states like Mississippi because ultimately we know they have to do what the Feds say. If we had as little control as the EU does over the Greeks we would feel differently.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Admiral Yi

What does KYB stand for?

Valmy

I presumed it was the IMF.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."