Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, editorial, 0 hidden)
Re: What's wrong with this plan? (none / 1)
Shipping revenue might increase but I don't remember seeing trustworthy figures over 12% GDP, ever. Do not forget all those patriotic Greek shipowners who have their vessels under many flags of opportunity and the number of their hqs in London...

But see this (p.6) and you realize that as far as shipping is concerned Greece is an international tax haven...

The road of excess leads to the palace of wisdom - William Blake

by talos (mihalis at gmail dot com) on Mon Jun 20th, 2011 at 06:57:46 PM EST
[ Parent ]

Others have rated this comment as follows:

ARGeezer 4

Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, 0 editorial, 0 hidden)
Display:

Top Diaries

Pentecost steam

by DoDo - May 23
40 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
85 comments

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
15 comments

Simple Solar Principles

by gmoke - May 17
2 comments

Rail News Blogging #24

by DoDo - May 12
11 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

Recent Diaries

Pentecost steam

by DoDo - May 23
40 comments

Simple Solar Principles

by gmoke - May 17
2 comments

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
15 comments

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
85 comments

Rail News Blogging #24

by DoDo - May 12
11 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

The Brussels Consensus: economic disaster in EU candidate...

by Migeru - May 7
8 comments

Origins of German Neo-Austerianism

by marco - May 7
82 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

Dionysian revels: Nice, May Day 2013:

by Ted Welch - May 3
5 comments

Anglo Or Not, It's A Disease

by afew - May 3
41 comments

The UK and the Euro

by ceebs - May 2
6 comments

Free Energy: Solar and Dynamo LED Keychain Lights

by gmoke - Apr 30
1 comment

Kruganomics 101

by Frank Schnittger - Apr 30
67 comments

Gold

by joelado - Apr 29
54 comments

Corporate Profits and Aggregate Demand

by Metatone - Apr 28
54 comments

VC Investment: Then and Now

by ATinNM - Apr 27
5 comments

An Ambush of Wishful thinking and Cargo Cult law.

by ceebs - Apr 26
5 comments

The Intellectual Foundations of Austerity destroyed

by Frank Schnittger - Apr 26
86 comments

More Diaries...

Occasional Series