Soros Solves Euro Zone Problem
- Thread starter piezoe
- Start date
it aint that funny, the whole world of economists are divided into two camps
those who have nothing better to do than split up a finite pie like a bunch of old housewives at a midwestern pitch in
and those that understand growth (and they should know, because without it they are never going to be able to pay the bill.)
Export oriented economies should quit Euro.
I don't necessarily buy that. Soros is far from the only one pushing for a Eurobond as a solution to this problem.
Basically all Keynesians, MMT'ers and those that worship social programs are saying that is you have a common currency you need a common bond as a way to monetize debts.
The Germans, having been down the hyperinflation road before are resistant to this idea.
I'm torn. I do feel like if you have a common currency, you also need a common bond, but on the other hand, I don't think debt and/or QE can solve all their problems.
It just spreads the pain across Euroland, IMO.
exactly...
he is the evil voice of collectivism.
a dirt ball who left socialism but still advocates for it because now he and his friends are the ones who buy off the politicians.
He and his boys want to pull the strings.
He wants worker drones who get stoned when they are not working.
He talks his book and he lies his ass off.... all the time.
trusting george soros to give good advice on how to run a govt is like talking Charles Manson's advice on how to run a family well.
--
Secondly, these fricken countries spend too much on their govt and their govt workers. They failed at their social contract by screwing their kids future.
What is plain as day but no leftist will admit... is that...
Govts must stop spending their asses off and shrink.
he is the evil voice of collectivism.
a dirt ball who left socialism but still advocates for it because now he and his friends are the ones who buy off the politicians.
He and his boys want to pull the strings.
He wants worker drones who get stoned when they are not working.
He talks his book and he lies his ass off.... all the time.
trusting george soros to give good advice on how to run a govt is like talking Charles Manson's advice on how to run a family well.
--
Secondly, these fricken countries spend too much on their govt and their govt workers. They failed at their social contract by screwing their kids future.
What is plain as day but no leftist will admit... is that...
Govts must stop spending their asses off and shrink.
actually, I like him
for one thing, he broke The Bank of England, and that is not easy for a common man to do
and secondly, he has lectured and spoken about why letting the market determine true value is not always the best way to go, namely because, the market won't determine true value until it has first created a bubble
people fear what they don't understand
and what they fear they hate
for one thing, he broke The Bank of England, and that is not easy for a common man to do
and secondly, he has lectured and spoken about why letting the market determine true value is not always the best way to go, namely because, the market won't determine true value until it has first created a bubble
people fear what they don't understand
and what they fear they hate
breaking the bank of England was apparently not his trade idea.
it was a drukenmillers.
the thing is I have read his open society stuff... I am not afraid of what I do know... I see this SOB is really a hate america agitator with a lot of money.
keep reading on this list... it starts out OK an gets progressively worse. No pun intended.
well, there is certainly something to be said for letting the market take care of itself
that way there will be no debating over what should be done
some of us have become preoccupied with preventing the misery of the guy that gets caught when these things rebalance
it has something to do with, "those you don't kill may contribute later."
but then again your side's motto, "Let the weak die out" has served humankind very well for many years
that's cool man. We'll just see when it's all said and done if my weak smart ones can beat up your strong dumb ones
He is right of course. See also this SA paper: http://bit.ly/RSfjZS
But it won't happen as long as the Germans can make money out of everyone else.