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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 (91914)	6/28/2012 12:35:51 AM
From: Maurice Winn	1 Recommendation Respond to of 217561

annoying double post sorry ...eom...

To: Haim R. Branisteanu who wrote (91914)	6/28/2012 12:35:53 AM
From: Maurice Winn	2 Recommendations Read Replies (1) \| Respond to of 217561

I can't see why consumption needs curbing in the Mediterranean area. I am there now and have increased my consumption from zero a week ago to degustation now. I plan to maintain my consumption. No doubt, the money I give to my suppliers will be used to increase their consumption too. Judging by her bulk, Angela Merkel is the one who needs to curb consumption. Greece too should increase consumption as hordes of tourists and Tradable Citizenship buyers swarm in. There is nothing wrong with consumption if it doesn't rise to greed and self-destruction but is kept to enjoyable levels, and especially is used to enhance survival probabilities. What does need curbing is government theft from the public and debt. Government "workers" need to get real jobs such as making souvlaki for tourists and new citizens and existing citizens, and building nice accommodation, roads, sewerage, and the like for them. Mqurice

To: Haim R. Branisteanu who wrote (91914)	6/28/2012 9:20:48 AM
From: elmatador	Read Replies (1) \| Respond to of 217561

Haim, consider that if the oil price had been low, Italy (which I use here) would not be in so dire straits. I pursue the line of thought that it the high cost of imports is what is derailing Europe. Once can argue that high pension obligations are killing compnaies in social democracies. Yes, it is correct. But we must remember that those pensions were promised during the bright days of the past. General Motors and Nortel are cases in point that prove it is not only an European phenomenon. If we'd add everyhting it becomes a lethal cocktail. Add high pension obligations that sink companies, high costs of imports, high cost of governments, high subsidies...