European Tribune - Comments

Will PIIGS Fly? | 82 comments (82 topical, editorial, 0 hidden)

NBC Evening News the discussion of the news of the 268 point drop introduced the term "Sovereign Default" to its viewers, along with PIGS, a new acronym for Portugal, Italy, Greece and Spain. Zero Hedge has proposed an alternate acronym, STUPIDs for Spain, Turkey, U.K., Portugal, Italy and the Dutch = Netherlands. Commentators immediately amended this to The STUUPIDs by including the USA.

On a serious note, I am starting to be really annoyed by the attention everyone pays to these damn "investors". Using the markets as guides for policy is like reading the future in the flight patterns of flocks of birds.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Fri Feb 5th, 2010 at 09:20:00 AM EST

Re: Don't be STUUPID (4.00 / 2)

Hat tip to ARGeezer.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Fri Feb 5th, 2010 at 09:20:22 AM EST
[ Parent ]

Re: Don't be STUUPID (4.00 / 4)

But investors are the really serious important people who are really run the world and to whom we should all pay homage for making our lives so much better. Don't you know that?

notes from no w here

by Frank Schnittger (mail Frankschnittger at hot dotty communists) on Fri Feb 5th, 2010 at 10:11:36 AM EST
[ Parent ]

Re: Don't be STUUPID (4.00 / 3)

Well, when living in an absolute monarchy one tends to pay attention to any problem of the monarch, by necessity.

As long as we live in liberal capitalist system where about 80% of the social life is ruled by a dollar a vote, you have to care about the plutocratic rulers.

Un roi sans divertissement est un homme plein de misères

by linca (antonin POINT lucas AROBASE gmail.com) on Fri Feb 5th, 2010 at 10:11:48 AM EST
[ Parent ]

Re: Don't be STUUPID (4.00 / 5)

But this is not a group of plutocratic rulers, it's a herd of headless plutocratic chickens.

En un viejo país ineficiente, algo así como España entre dos guerras civiles, poseer una casa y poca hacienda y memoria ninguna. -- Gil de Biedma

by Migeru (migeru at eurotrib dot com) on Fri Feb 5th, 2010 at 10:16:05 AM EST
[ Parent ]

The "D" is actually for Dubai (4.00 / 6)

not for the Dutch.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri Feb 5th, 2010 at 10:26:26 AM EST
[ Parent ]

Will PIIGS Fly? | 82 comments (82 topical, 0 editorial, 0 hidden)

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