tag:blogger.com,1999:blog-4413130168723738166.post8732885367986639321..comments2024-02-26T00:59:26.907-08:00Comments on Ana the Imp: Beyond the Economics of the MadhouseAnastasia F-Bhttp://www.blogger.com/profile/01284602529524462457noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-4413130168723738166.post-29372909862627928532012-08-07T23:56:25.368-07:002012-08-07T23:56:25.368-07:00good posting about Beyond the Economics of the Mad...good posting about Beyond the Economics of the Madhousewww.estojaya.bizhttps://www.blogger.com/profile/03180405207264052275noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-63992643044665915582012-08-05T16:05:16.919-07:002012-08-05T16:05:16.919-07:00Yes, John, the dismal science and the dismal Union...Yes, John, the dismal science and the dismal Union leaves us all, well, dismal.Anastasia F-Bhttps://www.blogger.com/profile/01284602529524462457noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-46734974204637541522012-08-03T07:24:35.079-07:002012-08-03T07:24:35.079-07:00Which misses the point.
The point being fiscal uni...Which misses the point.<br />The point being fiscal union, followed by political union.<br />There would still be a certain amount of individuality amongst countries, but most decisions on taxation would be taken eu-centrally.<br />Since tax evasion is seen as a national sport in Italy, Spain and Greece I feel that even fiscal union will not be enough.<br />Greece is EMU history, if Spain is as well then the entire Union may as well fold-up. Since the bill for Spain may well reach one trillion euros we are certainly approaching an event that would cripple not only Europe but most of the world. Since private debt in this country is fast approaching the trillion pound mark we may, ironically, be worse off than either Spain or Greece. Read your mortgage agreement, until paid-off the lender owns it ( or at least the debt).Johnmhttps://www.blogger.com/profile/14763363660123520529noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-28360810931417487592012-08-02T16:37:37.495-07:002012-08-02T16:37:37.495-07:00The thing is, James, the exchange rate is quite hi...The thing is, James, the exchange rate is quite high, which does not really reflect the value of the economies in question. If Greece still had the drachma and Spain the peseta the currency would be able to find its own level, making these places far more attractive than they are.Anastasia F-Bhttps://www.blogger.com/profile/01284602529524462457noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-68153713699195346502012-08-02T16:35:25.112-07:002012-08-02T16:35:25.112-07:00When they are suitably feather-bedded, accounts in...When they are suitably feather-bedded, accounts in the Cayman Islands, Swiss banks and what have you. No, they are not smart enough to be corrupt!Anastasia F-Bhttps://www.blogger.com/profile/01284602529524462457noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-30342270899851320352012-08-02T16:32:37.881-07:002012-08-02T16:32:37.881-07:00Indeed it will, Joe.Indeed it will, Joe.Anastasia F-Bhttps://www.blogger.com/profile/01284602529524462457noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-40761591551685446702012-08-01T22:10:36.347-07:002012-08-01T22:10:36.347-07:00Ironicly most people at my work are talking about ...Ironicly most people at my work are talking about overseas holidays in Greece Spain or Ireland since the euro is sooooo cheap. <br /><br />Sadly, the advertising to travel to these country was really reflecting how sad their economy had beenroentarehttps://www.blogger.com/profile/11935487193733829245noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-68594259526368700062012-08-01T19:53:23.923-07:002012-08-01T19:53:23.923-07:00Keynesians to a man - and not one ever ran a busin...Keynesians to a man - and not one ever ran a business. They're all rentiers who enrich themselves by skimming a percentage of the vast wealth looted from taxpayers used to bribe the civil service, NGO, and union gangs who get them elected, or from directorships and 'consultation' fees from companies seeking licenses, permits, and government contracts. <br /><br />Their "business" is the systematic, parasitic exploitation of real business, which has become a global infestation. I wonder if they will be smart enough to jump off?Calvinhttps://www.blogger.com/profile/10640148105202971907noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-37463060249328608582012-08-01T17:47:44.782-07:002012-08-01T17:47:44.782-07:00The figures are scary - if the Greek bailout is hu...The figures are scary - if the Greek bailout is hurting prudent German investors so much, Spain will break the bank and the camel's back!Joe Danielshttps://www.blogger.com/profile/13813771610543530480noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-39251601669944448802012-08-01T17:30:12.171-07:002012-08-01T17:30:12.171-07:00Errors in paragraphs 2&6Errors in paragraphs 2&6anthonyhttps://www.blogger.com/profile/02931330128135957439noreply@blogger.comtag:blogger.com,1999:blog-4413130168723738166.post-52162519457068487442012-08-01T17:23:42.884-07:002012-08-01T17:23:42.884-07:00Economics are manipulated to enrich certain elite ...Economics are manipulated to enrich certain elite players.anthonyhttps://www.blogger.com/profile/02931330128135957439noreply@blogger.com