Comments on: EU must choose its lies wisely http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/ Tue, 24 Mar 2015 16:54:45 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Florance Smialowski http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-2988 Thu, 09 Oct 2014 12:08:28 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-2988 Before the game, perhaps everyone thought Li Na would win, but certainly can not think she can so “terrorist” to win, after all, Jankovic is a former women “one elder sister”, she in the 3 game of the match against Li Na in the recent three game winning streak

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By: kilosubtorra http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-386 Tue, 21 Dec 2010 07:48:48 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-386 not one person (is there anyone in Western societies accepting this harsh reality?) concedes that just because you are used to living on 500 Euros a week doesn’t mean that you can’t live on 100 Euros a week (half the world is still living on one US dollar a day now). so bring on the austerity measures. the sooner one swallows one’s medicine the sooner one get back to living what one used to be able to do.

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By: fred5407 http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-385 Mon, 20 Dec 2010 23:24:18 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-385 I think that the debt is not real to the government or to business when all you have to do is run the card through the slot. Piling up debt never has worked. The problem, to me, is that the US is worshiping technology and profits. There is no base of truth.

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By: mdiavaro99ro http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-384 Mon, 20 Dec 2010 22:46:26 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-384 Well, on medium and long term anything could happen. Politically speaking, there’s quite a few interesting options on the table…

As for economics, the longer it takes to find true solutions the more matters are going to turn political.

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By: DisgustedReader http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-382 Mon, 20 Dec 2010 21:59:19 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-382 James Saft, in answer to your conundrum, twisted tax rules and other deviant laws make it quite profitable for lenders to bailout Ireland now, knowing very well they will get the shaft in a few years downstream (near the edge of the falls).

The taxpayers of the EU and US will have a big military helicopter waiting to pick them up before they go over the falls, complete with stewardesses showing lots of cleavage fettering them with martinis and caviar crepes.

Global warming is even profitable, don’t you know? Melt the ice caps and you can cover the poles with drilling platforms.

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By: DisgustedReader http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-381 Mon, 20 Dec 2010 21:53:53 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-381 I have no use for liars. However, I do admit to having a perverse fascination with politicians that can look you right in the eye and lie through their teeth without sending off so much as one intuitive “alarm” in me. Do they give politicians top-secret training at MIT or some other major university on how to lie to even a pro?

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By: georgesmiley http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-380 Mon, 20 Dec 2010 21:15:11 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-380 Thank YOU! Its about time that someone starts telling and writing the truth. I was wondering how long it would take. Any way I am currently visiting Greece and if what I see here is any indication then option two (revolt) might be the most likely. It might have already started. The citizens are slowly becoming aware of the scam and the lies its being fed by the government. The common Greek does not want to bail out German and French banks or the greek tycoons who took must of the money at his cost. A better credit rating on the international debt markets will not help Mr.Papandreou. Ask a cat to do the math and it will tell you that short of the intervention of Zeus there is no physical possibility for Greece to repay its debt. EVER.

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By: paintcan http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-379 Mon, 20 Dec 2010 19:59:26 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-379 I talk to my old Dad who has been a small investor for years and he knows the US is bankrupt as well. So who isn’t lying to keep up the appearance of economic health?

The British have never wanted to give up their pretensions that they are still a global empire. Isn’t Great Britain itself still a country with the landed wealthy money men all living in the southern half of the country and the northern half barely making it at all and where on the dole? Who just transformed the social structure of their country by drastically raising the cost of higher education for the majority of its students? Are the guys in their southern estates looking for gardeners and housemaids?

Someone isn’t admitting to the tottering state of his own “green and pleasant” land.

An old New York expression – “Keeping up with the Joneses” has been transformed into a game of trying to keep up the Joneses bluff of solvency. In other words, who can claim loudest that the other guy is in worse fiscal shape than he is?

Portugal – I have read in these Reuters pages not even a year ago – is actually less indebted compared to GDP than the US. And how devastating can the fiscal woes of economies of countries as small as Greece and Ireland actually be in comparison with their much larger neighbors?

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By: John2244 http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-378 Mon, 20 Dec 2010 18:54:19 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-378 I think the EU and Europe is great. Its brought the continent together without war for over 60 years, created a common goods, labor and service (market). As an American I’ve really enjoyed the benefits of integration.

But this is no US and the design of the Euro has always been flawed as countries no longer can compete on socialist policies. Used to be you could take your pick and then pay the bill if it went wrong. Some countries were more socialist, some less, some better run, some living off tomorrow. That whole system now is interconnected through the Euro. Sure Europe is inefficient with 27 currencies but it is equally inefficient with one. The answer always has been strong regional currencies that work in smaller integrated countries that have similar tax, income and social support structures Groups like 1)Scandanavia 2) Spain Portugal 3) German, Austria, NL or 4) The Baltic States

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By: randburg100 http://blogs.reuters.com/james-saft/2010/12/16/eu-must-choose-its-lies-wisely/comment-page-1/#comment-377 Mon, 20 Dec 2010 17:41:35 +0000 http://blogs.reuters.com/jim-saft/?p=230#comment-377 I go for the euro-geddon scenario – I wouldn’t be surprised to see this bastard currency rip the 4th Reich apart. Sorry “Clearthinker” we’ve had the 4th Reich for years – just based in Brussels & not Berlin!

Just make sure you folks get stocked up on gold & silver bullion.

The west has had its day & the damage is too far gone to be reparable. Unlike post 1945, Europe & other “developed” economies can’t just go on a resources grab from the subservient colonies et al – too late China is in there already & has been for some time.

The so called emerging economies don’t need the west – long term they will leave us behind as they have sufficient markets within their own populations. China has a 1.3 billion within its borders, never mind those living on their borders…who needs the US/Europe?

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