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By the way, I think it would be good to construct a typology of exit strategies used regarding on the one hand: capital flight, debt default, economic sabotage; and, on the other, restructuring to overcome the resulting difficulties (including both success stories and failures). On Thu, Feb 26, 2015 at 2:15 PM, Andrew Pollack <acpolla...@gmail.com> wrote: > 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
