Not entirely. You ovestate the exchange rate issue. German products have more going for them than the exchange rate...and of course they would...
Going to the Euro allowed the Greeks to borrow money at a AAA rating even though they had no way to pay it back. That is hardly like joining the...
Going back to the Drachma is not a solution for Greece. In order to have a currency, you have to have foreign credit to back it up. Greece has...
Thier intention is irrelevant. They are insolvent. All the purported 'solutions' are all about creating liquidity for defaulted, insolvent,...
"Nobody is "deleveraging the private sector" Do really think that is true? Have you noticed what is going on in housing? Default is a form...
Stardust, thank you for the thoughtful reply. I am glad I made you think about things. There is much we could talk about with regard to...
Random, that is a good nomiker for you; it describes nature of you comments...that and 'frivolous' or 'shallow.' It is not the natural...
Just don't get normal; try and have some fun.
So oldtime, how do you think TV makes money...or used to anyway? They mostly sell adds for stuff you buy...maybe a couple of shows are trying to...
Stardust, there are maitrix of reasons why macro economic and related social changes take place. I highlight only two significant ones. I assure...
Of course women have always worked; in the home and outside. The point of change is what they were working on.
Back in the 1950's Investment was 55% of the GDP; today it is less than 14%. There was no inflation to speak of back then when we adhered to...
Well the IRS does have a 'stand' of sorts that you have to pass through and pay tax on your estate (as if you had died) if you want to get out.
The problem is our international corporate tax policy that drives capital out of the U.S. Apple and all other multinationals that earn profit...
Insolvent banks should be liquidated and their assets should be taken over by solvent banks.
Stardust...lowering interest rates is a supply issue....expanding credit is a demand issue. That was the whole point of the too many words I have...
"Reagonomics" is a media term. I believe it was coined by Paul Harvey. It's often associated with another media term, "trickle down economics"....
and really Mcfadden, you say the author was a supporter of Reagan and then you say that there is no author? Do you have any grasp of how...
A 45 page pamphlet with no author? And you admonishing someone to do real research? You found it unbiased? How did you fact check it? On a web...
Who was the author of the book and when was it written?
Separate names with a comma.