******************** POSTING RULES & NOTES ******************** #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. *****************************************************************
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 ******************** > #1 YOU MUST clip all extraneous text when replying to a message. > #2 This mail-list, like most, is publicly & permanently archived. > #3 Subscribe and post under an alias if #2 is a concern. > ***************************************************************** > > 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. > > > _________________________________________________________ > Full posting guidelines at: http://www.marxmail.org/sub.htm > Set your options at: http://lists.csbs.utah.edu/ > options/marxism/acpollack2%40gmail.com > _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: http://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com