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Showing results 1 to 13 of 13
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Posts Made By:
Fat Tails
Forum:
Traders Hideout
June 6th, 2017, 03:43 AM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
George, The root of nazism was...
George,
The root of nazism was nationalism and chauvinism. We should not start this all over again.
We should leave some of the ghosts of the past where they belong.
I am not going to...
Forum:
Traders Hideout
June 5th, 2017, 08:09 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
European History has a lot of pitfalls. And...
European History has a lot of pitfalls.
And nearly every country in Europe suffered from the deeds of Nazi criminals.
However, if you look at Greek government debt, it was about 25% of GDP...
Forum:
Traders Hideout
June 5th, 2017, 01:39 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
I am not good at reading Greek, but I managed to...
I am not good at reading Greek, but I managed to understand what you have written. I agree with what you said about Nazi Germany and share your views. My ancestors did not participate in that war,...
Forum:
Traders Hideout
August 27th, 2015, 11:01 AM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
The real problem is not Greece. Greece is a...
The real problem is not Greece. Greece is a comparatively rich country
- which has been overspending for more than a decade
- which has accumulated a huge debt
- populated with citizens who do...
Forum:
Traders Hideout
July 16th, 2015, 01:44 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
I do not think that there is a contradicton...
I do not think that there is a contradicton between the solution adopted this week-end and an exit of Greece from the Euro area.
Greece has a highly unprofessional government, which has repeatedly...
Forum:
Traders Hideout
July 13th, 2015, 06:37 AM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
A default + Grexit might have the better option...
A default + Grexit might have the better option economically.
http://www.cepr.net/documents/publications/argentina_recovery_2007_10.pdf
But it would have had further political implications,...
Forum:
Traders Hideout
July 10th, 2015, 06:29 AM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
Compounded nonsense. Written by a capital...
Compounded nonsense. Written by a capital investment firm to distribute a free investment report.
"When you shred democracy and the central tenants of a legal system ...."
I think democracy is...
Forum:
Traders Hideout
July 8th, 2015, 02:50 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
Looks like a table of gross external debt. This...
Looks like a table of gross external debt. This includes public and private debts and does not take into account debt owed by other countries. For example, Luxemburg, which comes on top of the list...
Forum:
Traders Hideout
July 8th, 2015, 02:39 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
There are many economics professors who call the...
There are many economics professors who call the end of capitalism.
I do not believe that the end of capitalism is near, but I believe that capitalism requires a strict set of rules.
There is a...
Forum:
Traders Hideout
July 8th, 2015, 12:01 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
Back in 2009 the situation was pretty much the...
Back in 2009 the situation was pretty much the same in Spain, Portugal, Greece, Cyprus, Ireland.
What is specific about Greece is tax evasion and cronyism.
Greece already had a public deficit...
Forum:
Traders Hideout
July 8th, 2015, 11:18 AM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
Cronyism in new government
Minister of Tourism, Elena Kountara appointed her brother Nikos Kountara as her counselor. Nikos was already her counselor when Elena worked as a model.
Minister of Defense, Panos Kammenos...
Forum:
Traders Hideout
July 7th, 2015, 07:09 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
The European Union has 28 member states, out of...
The European Union has 28 member states, out of which 19 use the Euro as their principal currency.
The annual budget of the European Union is about 110 billion Euros.
The current EZB lifeline...
Forum:
Traders Hideout
July 6th, 2015, 06:22 PM
Replies:
121
Greece May Be First EU Default
Views:
47,900
Posted By
Fat Tails
There is no choice. Greece has become a...
There is no choice.
Greece has become a large Ponzi scheme.
The Greek debt has been reduced by € 60 billion in 2012.
The debt had then be rescheduled and the coupon payments were reduced to...
Showing results 1 to 13 of 13
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