Louis P. wrote: > Here's someone else with pretty good credentials: "Also 80% of Greeks want to stay in the euro. They know that leaving the Eurozone and the European Union would be no solution..." <
You quote Michael Roberts -- from two and a half years ago, which misrepresents his current attitude, rather different as of Jan. 21, 2015: "What will happen? Can Syriza maintain what some have called the impossible triangle: namely 1) stay in power, 2) reverse austerity and 3) stay in the euro? Or will one or more have to go? "Then the question is posed to Syriza: do they accept less than acceptable debt terms and hope to use the time to grow the economy on a capitalist basis; or do they reject them and opt Argentina-style for a unilateral debt reduction and budget spending? The latter option would mean possible EU loan suspension and ECB lending (although that would be illegal under EU rules). Then Syriza would have to take over the banks and leading industries, involve workers in production control; slash defence spending and monies for the army and police; and appeal for EU support for an EU-wide growth plan based on public investment." --From http://thenextrecession.wordpress.com/2015/01/21/syriza-the-economists-and-the-impossible-triangle/ _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
