tag:blogger.com,1999:blog-648884752216444797.post2093243127429325917..comments2024-03-28T09:59:13.754-07:00Comments on bionic mosquito: Greece and the Common Currency: The Backstory?bionic mosquitohttp://www.blogger.com/profile/12002548958078731031noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-648884752216444797.post-32923875152717853332014-02-09T17:09:11.721-08:002014-02-09T17:09:11.721-08:00i would only add...it seems to me that Roosevelt&#...i would only add...it seems to me that Roosevelt's gold confiscation and Nixon's closing of the gold window both constitute real, no kidding defaults (not just the money-printing kind of default).<br /><br />One more example of definitions being distorted in order to obfuscate, perhaps. bionic mosquitohttps://www.blogger.com/profile/12002548958078731031noreply@blogger.comtag:blogger.com,1999:blog-648884752216444797.post-62207453952775583822014-02-09T11:55:35.411-08:002014-02-09T11:55:35.411-08:00I found this paragraph interesting in your link:
...I found this paragraph interesting in your link:<br /><br /><br />"By contrast, Anglo-Saxon countries rarely, if ever, default. In this country, we haven’t reneged on our debts in nearly 1,000 years, though there have been close shaves. The same applies to Canada, Australia and the United States."<br /><br />They of course completely ignore the money printing, change of currency, etc. that in my mind qualifies as a form of default....if Greece had the ability to print up a solution no doubt they would and possibly not be labeled as "serial defaulters". <br /><br />:)Nick Badalamentihttps://www.blogger.com/profile/14015961786370759940noreply@blogger.comtag:blogger.com,1999:blog-648884752216444797.post-55194471233354423582014-02-08T19:42:56.607-08:002014-02-08T19:42:56.607-08:00The Greeks have said FU to their overlords more th...The Greeks have said FU to their overlords more than most in the west recently. But this points to the crux of the issue - it is only when the state is seen as no longer providing the goodies that people will speak out.<br /><br />This day hasn't come for many in western Europe and North America. But it is coming. bionic mosquitohttps://www.blogger.com/profile/12002548958078731031noreply@blogger.comtag:blogger.com,1999:blog-648884752216444797.post-57914379689789797332014-02-08T18:39:58.883-08:002014-02-08T18:39:58.883-08:00Wrong people saying FU to the EU. Of course the Gr...Wrong people saying FU to the EU. Of course the Greeks would have to say FU to the so called government that is said to be theirs, and mean it. They haven't done that very well since before they said it to the Turks.<br />taxesAnonymousnoreply@blogger.com