Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: How Greece could go down like Lehman Brothers

By: Cactus Flower in ALEA | Recommend this post (0)
Wed, 01 Jul 15 5:57 AM | 54 view(s)
Boardmark this board | The Trust Matrix 		Msg. 17078 of 54959
(This msg. is a reply to 17075 by Cactus Flower)
Jump:
Jump to board:
Jump to msg. #

The lesson. Don't join a currency bloc unless your central bank runs it.

This is going to happen to countries when their interests diverge from the folks in control.

Germany has destroyed Greece. Again.

Not deliberately. But they demanded an austere approach that tore Greece apart and then demanded more austerity as if the failed policy might work if applied more strictly.




» You can also:
- - - - -
The above is a reply to the following message:
Re: How Greece could go down like Lehman Brothers
By: Cactus Flower in ALEA
Tue, 30 Jun 15 4:30 AM 		Msg. 17075 of 54959

Funny thing is, the US is giving Merkel's advice to Puerto Rico.

You'd have to think austerity isn't the best answer.

« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next