European Tribune - Comments - Is the Euro doomed, too?

Is the Euro doomed, too? | 94 comments (94 topical, editorial, 0 hidden)

Re: Is the Euro doomed, too? (4.00 / 3)

This fall in the rate msut ahve the SU scare to hell.. if the dolalr doe snot fall , tehre are no new jobs to be created in the internal competitive industry..

As de Long says.. yoa hve to move a lto of peopel from construction to "other" jobs.. if the dollar does nto fall, there are no other "new jobs" int he scale and amgnitude required...then it is great depression.. but really great depression...

if thsoe jobs exist and the governemnt provides the credit it will be a recession or tough recession...but if the jobs do not exist... big trouble..

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Mon Oct 6th, 2008 at 06:56:12 AM EST

Re: Is the Euro doomed, too? (4.00 / 4)

Hence the importance of infrastructure, especially new energy infrastructure, projects for the US. This process could be simplified if the traditional worship of existing wealth so widespread in the US electorate, especially amongst my redneck cousins, were to be converted into disgust for the fruits of that wealth's investment--massive unemployment due to export of jobs.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Oct 6th, 2008 at 10:31:55 AM EST
[ Parent ]

Re: Is the Euro doomed, too? (4.00 / 7)

The common equation is:

Wealth = Cash to buy stuff with

People don't cognize bridges, waterways, roads, public spaces, dams, electrical power lines, the rule of law, reservoirs, national forests, national parks, public order, and public health as wealth.

And that's just the government; private sector wealth dwarfs it by some (unknown to me) order of magnitude.

by ATinNM on Mon Oct 6th, 2008 at 11:49:49 AM EST
[ Parent ]

Re: Is the Euro doomed, too? (4.00 / 3)

People don't cognize bridges, waterways, roads, public spaces, dams, electrical power lines, the rule of law, reservoirs, national forests, national parks, public order, and public health as wealth.

Perhaps it is the word social in the phrase "social overhead capital" that is so offputting to so many. (Its the beginning of socialism. It is that sort of hardwired into the brain stupidity I am hoping will change. "Hope springs eternal..."

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Oct 6th, 2008 at 12:18:02 PM EST
[ Parent ]

Re: Is the Euro doomed, too? (4.00 / 4)

Perhaps, one day, a successful US leader will have the courage to contrast social with selfish... but I won't hold my breath

Vote McCain for war without gain

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Mon Oct 6th, 2008 at 12:20:55 PM EST
[ Parent ]

Something like: (4.00 / 4)

"Wealth is not the hard, shiny illusions of the loner. Our true wealth lies in what we build and hold together, what we share."

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 6th, 2008 at 03:11:13 PM EST
[ Parent ]

Re: Something like: (none / 1)

afew: source?

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Oct 6th, 2008 at 03:43:39 PM EST
[ Parent ]

Re: Something like: (4.00 / 2)

It came to me today in a vision as I was pickling cabbage, fermenting shark, and bottling tomatoes in preparation for the long winter of our discontent that lies ahead. Or rather, I was just dabbling in speechwriting.

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Oct 6th, 2008 at 04:02:07 PM EST
[ Parent ]

Re: Something like: (none / 1)

Excellent speech writing that! Now all we need is an orator worthy of the speech.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Oct 6th, 2008 at 05:38:37 PM EST
[ Parent ]

Re: Something like: (none / 0)

Was this a speech by the lead character in your latest historical novel regarding a black who becomes President?

Vote McCain for war without gain

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Mon Oct 6th, 2008 at 05:44:26 PM EST
[ Parent ]

Re: Something like: (none / 0)

Well, Obama is capable of saying that kind of thing and carrying it off.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 7th, 2008 at 01:30:51 AM EST
[ Parent ]

Re: Something like: (none / 0)

And what were you drinking?

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet

by Melanchthon on Tue Oct 7th, 2008 at 06:15:07 AM EST
[ Parent ]

Re: Something like: (4.00 / 2)

Aquavit!

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Oct 7th, 2008 at 06:16:01 AM EST
[ Parent ]

Re: Something like: (none / 0)

[Helen's Patent Seaweed Brew™]

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Oct 7th, 2008 at 08:18:10 AM EST
[ Parent ]

Re: Is the Euro doomed, too? (none / 1)

Frank:
Perhaps by January 21. At the rate things are proceding the citizens of the USA should be ready for such a message by then. May they be and may it come to pass.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Oct 6th, 2008 at 03:45:34 PM EST
[ Parent ]

Re: Is the Euro doomed, too? (4.00 / 3)

Coincidentally, that's the day Louis XVI was executed.

"Few can believe that suffering, especially by others, is in vain. - Galbraith"

by Cyrille (cyrillev domain yahoo.fr) on Mon Oct 6th, 2008 at 03:57:49 PM EST
[ Parent ]

Re: Is the Euro doomed, too? (none / 1)

Eww, that's so vulgar.

Some people would say that citizen Capet was beheaded on Moss Day, Duodi Pluviose, Year I :)

--
$E(X_t|F_s) = X_s,\quad t > s$

by martingale on Tue Oct 7th, 2008 at 06:33:56 AM EST
[ Parent ]

Is the Euro doomed, too? | 94 comments (94 topical, 0 editorial, 0 hidden)

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