Showing posts with label Debt crisis in the news. Show all posts
Showing posts with label Debt crisis in the news. Show all posts

Tuesday, November 1, 2011

The Future is Getting Close Fast!

The morning papers brought my admonitions to the fore.


The Greek people really are fed up.  They are voting whether or not to pull out of the EuroUnion.

"You cannot cut wages, fire people, raise property taxes and call it a solution."  Slim 

The Markets Fell on the Anxieties of the EuroCrisis.

EuroFund cannot receive charity from China.

MF Global down on EuroCrisis.

Some EuroCrats Concede the Need for Economic Development and Growth.

Austerity Alone Cannot Solve the Crisis

"Analysts saw lack of measures to boost economic growth as Achilles Heel." 
(Slim is validated.)

Germany worries about hyper-inflation while the rest of the world worries about a recession.

Bond Markets are off.

Italy Sliding Fast.

G 20 Leaders Heading to Cannes will pursue (push for) Growth. (At Last--Epiphany!)

Even in Pakistan:  Pakistan Agents part of US Plan for Afghanistan.

"It is a universal condition:  We refuse to accept that all alliances and enmities are transitory." Slim Fairview from The Quotations of Slim Fairivew


Alors!  Aussitôt!  Lire mon blog!


Bon Chance!


Slim

(Mince)


Maybe I will be offered a job by the EuroCrats.


slimfairview@yahoo.com


Copyright (c) 2011 Slim Fairview

Friday, September 30, 2011

Point Taken at Last

Great day in the news, today.

Gustav Horn, Dusseldorf, said of the process, "The process...leaves Europe hostage to smaller members."

How long have I been saying the process is the problem?

Chancelor Merkel is facing criticism for her opposition to Economic Stimulus.  Have the EuroCrats had success with Greece?  No.  Have they tried Economic Stimulus? Apparently not.

Chancelor Merkel is criticised by Peer Steinbruck for "lack of confidence." The tempestuous behaviour in the German Parliament indicates that there is this "lack of consensus" I've been blogging about.  Not the lack of consensus, but consensus itself.

"Anyone who goes around with consensus on his lips, should be boiled in his own pudding." --Slim Fairview

The EuroCrats don't need consensus.  The EuroCrats need acknowledgement!  Change the process.

Carmen Reinhart said, on the bailout, "The bailout buys tranquility...it does not restore growth."  That sounds very similar to what I've been saying.  I do take exception to one thing he said.  The bailout does not buy tranquility.  Full Stop!

The best, I saved for last.

Holger Schmieding, Berenberg Bank, London:

"Strict Austerity Worsens Economic Downturns."

"A stagnant economy makes it harder for Governments to pay down debt."



"Read my stuff today or hear it from experts in a month or two."  Slim Fairview


Sincerest regards,

Slim


To make reading my monographs on the EuroCrisis and the Greek debt crisis:


http://slimviews.blogspot.com/2011/09/monographs-on-greek-debt-crisis.html


Copyright (c) 2011 Slim Fairview