Originally posted by falafel
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Is he trying to lien on you? Joe Junior was my hero!Do Your Damnedest In An Ostentatious Manner All The Time!
-General George S. Patton
I'm choosing to mostly ignore your fatuity here and instead overwhelm you with so much data that you'll maybe, just maybe, realize that you have reams to read on this subject before you can contribute meaningfully to any conversation on this topic.
-DOCTOR Wuap -
Wait, did Krugman say that Greece defaulting on its debt may not be all that bad in the long run...
I would have to agree. Let Greece follow Argentina's example.Don’t Cry For Argentina
OK, I guess I don’t quite see how Argentina’s default, of all examples, can be viewed as a cautionary tale for Greece [...]
Argentina suffered terribly from 1998 through 2001, as it tried to be orthodox and do the right thing. After it defaulted at the end of 2001, it went through a brief severe downturn, but soon began a rapid recovery that continued for a long time. Surely the Argentine example suggests that default is a great idea; the case against Greek default must be that this country is different (which, to be fair, is arguable)."If there is one thing I am, it's always right." -Ted Nugent.
"I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
"Yet I still see wisdom in that which Uncle Ted posts." -creek.
GIVE 'EM HELL, BRIGHAM!Comment
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If Greece defaults, or even if it remains n the same sorry state it currently 'enjoys', does anybody think it would be a good time to take the wife to that Greek island vacation we always wanted? I would LOVE to spend a week or so on Mykonos or Santorini, etc.
As to the whole default/bailout thing, I only have this to share. It is pretty funny, but breaks down the numbers game fairly well:
[YOUTUBE]I5QwKEwo4Bc[/YOUTUBE]Comment
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