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

To: TobagoJack who wrote (90983)	6/4/2012 1:27:36 AM
From: average joe	2 Recommendations Respond to of 219654

Good observation - "borrow and renege" is exactly what the Greeks seem to excel at. Anyone from Greece with money or sense has already abandoned ship. Unfortunately they are some who believe we must all suffer together in equal proportions out of either a sense of camaraderie or altruism. The Greeks are not alone in mismanagement and very soon the dominos will start coming down one after another and no amount of German capital will solve the crisis. I don’t blame the Greeks for not realizing the philosophy of financing future decades of Greek civilization could be passed on for centuries. Better to crash and burn now than precipitate a bigger event a ten years down the road. "We may consider each generation as a distinct nation, with a right, by the will of its majority, to bind themselves, but none to bind the succeeding generation, more than the inhabitants of another country." Thomas Jefferson "To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical." Thomas Jefferson "The earth belongs to the living, not to the dead." Thomas Jefferson "I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." Thomas Jefferson