Oh come on! People will think of something to do. Its good that robots can make production cheaper; we can have more stuff for less cost; planes...
The nominal aggregate derivative number is bullshit because it represents both sides of counter trades as if they were all one way. The real risk...
So you see that the process is converting a financial asset, investment abroad, into a tangible domestic 'repair.' You end up with less financial...
Sorry, old time, "It is an ill wind that blows nobody good;" it is well established that there is no societal benefit. You should read Bastiat;...
Sorry for belated reply. I have been having a hurricane...have a residence in NJ; now relocated to ski house in VT. Cable, heat, gas...ski...
Pardon me, that really must be something; I just thought you said something else. Really, what are you trying to say...what something is...
Index change in time defines inflation. Well, of course it defines price change but what does it really tell you? Is the change because of...
It depends on what you do (did) with the capital what you are paying the debt service on. If you borrow capital and invest it in assets that...
Sorry Morganist, but none of this discussion makes any sense; not your article not the general responses; not even the definition of deflation,...
Paraclese, look you are in a mess of corruption. It is cronyism and political organized crime that has allowed your country to be raped...first...
Paraclese, you don't understand what I wrote and you are dreaming about End money coming back to save the day. I said that Greece is in default,...
Default is where Greece is and what has happened. What remains if or everyone to admit it. That is not a way out but it is where they are now....
It will not help them to leave the Euro. They need a medium of exchange. Return to the Drachma would be worse. What they will have to do is...
Did you notice yesteday that the most valuable business in Greece, the Hellenic Coca-Cola Bottling company, announced that it was leaving Greece...
That will not make any material difference in their ability to balance thier budget and pay back thier debts. Greece is insolvent, it is...
This discussion is silly. Who is the buyer? The ECB? The IMF? What are they going to do with a Greek Island or a Ruin, or a park? How do they...
That depends on who your major ceditor is and what your future need for debt is.
The logic of the world economic and political elites, of course being led by the European economic and political elites, is completely from Alice...
You should cite the study Trefoil. Cars are not so commoditized as you suggest. Until very recently I owned a Jaguar XKE V-12, two BMWs, a...
Zdreg is right. Look how competitive Germany is with U.S. in China; even though U.S. currency is tied to Yuan, so Germany has a currency...
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