| Skybird |
01-28-15 08:27 PM |
Greece contributes less than 0.3% to the world's GDP, so their relevance today is somewhat limited, to put it friendly. Bangladesh contributes more to the global GDP. Markets have adopted to the chance for a Grexit, stockmarket indices reflect and communicate that. Athen has no threat potential anymore by which to blackmail the EU. Oh, the Greek stockmarket yesterday collapsed, in case you have not noticed it, in reaciton to Tsipra's announcement of suicidal plans. The two biggest banks of Greece, lost 30 and 40% of their value. That is the Tsipras magic. More to follow!
Let them have their own currency that they can value up and down like they want, and refer them to the long since overdue structural reforms. Best for them. Best for us. Best for all. At least the best of all bad scenarios possible, since good options we already have run out of many, many years ago.
But you can plunder your private savings, Tchocky, and transfer them over to Athens to contribute to their cause, if you feel so concerned. ;) Just keep your hands off other people's stack. When somebody of us wants to follow your example, we can decide and do so all by ourselves and do not need neither your assistance nor your command, thank you.
Hewre is Vaclav Klaus in an interview witrh German daily Die Welt, on the disaster of the Maastricht treaties and the Euro:
http://www.focus.de/finanzen/news/st...d_4435356.html
Quote:
Die Diagnose ist sehr einfach: Die europäische Wirtschaft leidet unter einem Systemfehler. Man muss sich dieses Fehlers annehmen, anstatt auf Gipfelkonferenzen kosmetische Korrekturen zu beschließen. Die sind irrelevant. Ich werde oft gefragt, welche konkreten Maßnahmen ich empfehle. Diese Frage ist falsch. Es gibt keine richtigen Maßnahmen. Was wir brauchen, ist ein Paradigmenwechsel.
(...)
Europa braucht einen Systemwechsel, ähnlich wie die osteuropäischen Staaten vor 25 Jahren. Ich war damals Finanzminister und habe immer gesagt, dass wir keine Reformen brauchen. Reformen gab es gegen Ende des Kommunismus genug. Wir brauchten eine grundlegende Veränderung des Denkens und des Benehmens. Das gleiche gilt heute für die EU.
(...)
Vom europäischen Sozialismus hin zu einem echten Kapitalismus.
(...)
Je schneller Griechenland die Eurozone verlässt, desto besser für Griechenland. Ansonsten wird Griechenland jahrzehntelang in tragischen Situationen verharren. Die Finanztransfers, die wir aktuell sehen, sind keine Hilfen für Griechenland. Es sind Hilfen für die Weiterexistenz der Eurozone.
Der Euro ist die größte Tragödie Europas.
|
Translation:
"The diagnosis is simple. The European economy suffers from a (fundamental) system error. One has to adress this system error, instead of just doing some cosmetical corrections at summits. These are irrelevant. I often get asked what concrete measure I would recommend. The question is wrong. There are no right measures. What is needed, is a fundamental change in paradigms. (...) Europe needs a system chnage, comparable to the easteuropean states 25 years ago. Back then I was finance minister, and I always said that we did not need reforms. Reforms we had more than enough at the end of communism. We need a fundamental chnage in thinking and behaving. The same is true for the EU today. (...) From European socialism towards true capitalism.(...) The Euro is the biggest tragedy of Europe. (...) The sooner Greece leaves the Euro, the better it will be for Greece. Else it will stay deadlocked for decades in this tragic situation. The financial transfers we currently see, are no help for Greece. They are a help to secure the survival of the Euro.
|
