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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: Maurice Winn who wrote (92781)7/23/2012 5:03:07 AM
From: TobagoJack  Read Replies (1) of 217729
 
<<Greece doesn't need rescue. The creditors are the people wanting to be rescued. Greeks have not got a problem. Government employees, government pensioners and others bludging on the citizens' funds have got a problem too. But actual regular productive Greeks do not.>>

(i) not altogether true, except a rescue will not do the greeks much good unless they use the opportunity to pilfer more of the rescue money and stash same offshore

(ii) the creditors ? they shall print to extract what they need from any and everybody, including euro-holding greeks, and make up the difference

(iii) the government employees, civil master pensioners, and other bludgings on the citizen's funds? they shall aggregate what they must to extract what they want by any and all rule-by-making-up-rules regime per tyranny of coke-n-pepsi universal suffrage democracy, as they are in the effective majority

(iv) the regular productive greeks? unless they getgold and stay away from the banking system, they are done for

recommendation to the average greek dude, getgold, extend lunch hours, move up dinner time, and consider moving to turkey, the country that got rejected for euro membership

back to watching the kids and the ponies.

tomorrow shall start 3 days sojourn in paris, then back to rustic abode to welcome more friends.
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