Eurozone

    Contra Yeats; The Greek Center Held

    By: Repair_Man_Jack (Diary)  |  June 17th at 09:30 PM  | 

    Official results released by the interior ministry, with 97 percent of ballots counted, showed New Democracy taking 29.7 percent of the vote, with SYRIZA on 26.9. The PASOK Socialists were set to take 12.3 percent of the vote. Because of a 50-seat bonus given to the party which comes first, that would give New Democracy and PASOK 162 seats in the 300-seat parliament, in an | Read More »

    Beware The Greeks Bearing Votes

    By: Repair_Man_Jack (Diary)  |  November 2nd at 01:00 PM  | 

    Brett Stevens of Amerika.org theorized that human societies can have two forms of culture; Managerial and Organic. He describes these two options below. • Managerial. Like attending a job, days at an American high school or going to a mall, the managerial state consists of people who have nothing in common except wanting to make money and not get murdered. As a result, a strong | Read More »

    Europe Kicks The Can; Buying Time With Borrowed Money

    By: Repair_Man_Jack (Diary)  |  October 27th at 02:30 PM  | 

    “No one should take for it for granted that there will be peace and affluence in Europe in the next half century,” Chancellor Merkel. (HT:CNBC) Ka-Blam! The Eurozone is saved. They’ve found just the right drug cocktail of financial bailouts. The markets are all a screaming buy!1!1.(/sarcasm off) If only this were the truth. The reality here is that the Europeans will destroy a bunch | Read More »