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Weisbrot, in this paper and then again in recent writings, says Argentina
recovered from default, and from cutting ties, very quickly, and argues
that may be best for Greece.
http://www.cepr.net/documents/publications/argentina-success-2011-10.pdf
Weisbrot is also delusional about how great the new agreement is, but every
liberal has limits.
See also:
http://www.cepr.net/index.php/op-eds-&-columns/op-eds-&-columns/whos-extorting-who
m-its-all-about-coercion
<http://www.cepr.net/index.php/op-eds-&-columns/op-eds-&-columns/whos-extorting-whom-its-all-about-coercion>

http://www.cepr.net/index.php/press-releases/press-releases/greek-bailout-extension-deal-represents-a-significant-retreat-by-the-european-authorities-cepr-co-director-says


http://www.btlonline.org/2015/seg/150306af-btl-weisbrot.html



On Wed, Feb 25, 2015 at 7:20 PM, Louis Proyect via Marxism <
marxism@lists.csbs.utah.edu> wrote:

> ********************  POSTING RULES & NOTES  ********************
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>
> On 2/25/15 5:37 PM, Marv Gandall wrote:
>
>> There is a lot of scaremongering about a Grexit, and not only by nervous
>> investors.
>>
>
> I have yet to see anybody make the case that there wouldn't be at least
> than 2 years of pain but even if there was, the real problem is the
> underlying economy. Greece is suffering for the same reasons much of
> Eastern Europe is suffering. Its industrial base is third-tier. All this
> talk about the drachma versus the euro makes it sound like currency is the
> issue when it is one of a falling rate of profit.
>
>
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