Written by Foras Teamhrach
“The rhetoric coming out of Greece has reached a fever pitch. Papademos and Samaras are both out their creating dire images of a post apocalyptic Greek state if a default occurs. Maybe it is a good time to remember what Papademos’ job is. He wasn’t elected. He doesn’t represent the Greek people in a [...]
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Written by Foras Teamhrach
Wikipedia – Photo by Mike Edrington – Robert Reich at the University of Iowa, Sep. 7, 2011 -http://en.wikipedia.org/wiki/File:Robert_Reich_at_the_University_of_Iowa,_Sep._7,_2011.jpg Robert Bernard Reich: (born June 24, 1946) is an American political economist, professor, author, and political commentator. He served in the administrations of Presidents Gerald Ford and Jimmy Carter and was Secretary of Labor under [...]
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Written by Foras Teamhrach
Irish Times - “Germany should admit a Greek default is now a matter of “when” rather than “if”, according to former finance minister Peer Steinbrück. Now a Social Democrat (SPD) backbencher, Mr Steinbrück called on the European Commission to accept the inevitable and organise a restructuring conference “on a lonely Greek island . . . [...]
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Written by Foras Teamhrach
Paul Krugman – “OK, I guess I don’t quite see how Argentina’s default, of all examples, can be viewed as a cautionary tale for Greece: Argentina suffered terribly from 1998 through 2001, as it tried to be orthodox and do the right thing. After it defaulted at the end of 2001, it went through [...]
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