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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (87274)	2/17/2012 1:14:48 PM
From: Joseph Silent	Read Replies (1) \| Respond to of 219793

Of course you are correct Haim, and this becomes very obvious in the case of China. I have been following the Tibet case for many reasons, and due to my personal interest. Observe how the size of China's treasure chest keeps the objections under some control. Left to be seen for how long.

To: Haim R. Branisteanu who wrote (87274)	2/19/2012 3:54:05 AM
From: elmatador	Read Replies (2) \| Respond to of 219793

Greece isn't "Argentina, which broke its peg with the dollar more than a decade ago, defaulted on its foreign debt and has since fared far better than many expected." Greece does not have a Mercosur and Brazil as a neighbor. Better to have a Brazil as neighbor than a Germany... --------------------------------------------------------------------- Opinion polls show more than 70 per cent of Greeks determined to remain in the eurozone despite enduring two years of austerity and economic contraction. However, there is a minority – particularly on the far left – that wants out. Their chief argument, endorsed by some well-known foreign economists, is that a devalued drachma would lower wages and instantly make Greece more competitive. They tend to point to Argentina, which broke its peg with the dollar more than a decade ago, defaulted on its foreign debt and has since fared far better than many expected. Yet that comparison overlooks the fact that the Greek economy – unlike Argentina’s – boasts a small production base and few exporters. Most of its companies rely on imports, which would rocket in cost. Sceptical, too, are ordinary citizens. “We are not Argentina,” Mr Stournaras said. “We are not even self-sufficient in agriculture.” Athens rehearses the nightmare of default ft.com