Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (37831)	5/7/2010 11:39:05 PM
From: Jurgis Bekepuris	Respond to of 78758

I don't necessarily agree with Krugman, but I do believe that he outlines possible scenarios.

To: puborectalis who wrote (37831)	5/8/2010 12:44:59 PM
From: nianic00	Respond to of 78758

I always thought the idea of the euro was rather stupid. You had a bunch of countries that willingly let go of their power to print money through their central banks. When you give up that power for a shared central bank, monetizing your country's debt becomes extremely difficult, as Greece is now finding out. The EU should have just been a free trade zone. Anyway, this is going to be a mess. We're not just dealing with Greece here. Check out this post by Robert Wenzel economicpolicyjournal.com In addition, what about the US? No way we're making the interest payments without significantly higher taxes and/or massive inflation. Nick