Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Greece: if austerity doesn't work... Try more austerity! | 287 comments (287 topical, 0 editorial, 0 hidden)
Re: Indeed. They are the suckers (none / 1)
Well, the CDS buyers are also only pretending to buy insurance since
the whole point of CDS swaps was to enable you to treat risky junk as though they were AAA investments and relieve you of the obnoxious reserve requirements


Economics is politics by other means
by Carrie (migeru at eurotrib dot com) on Thu Jun 16th, 2011 at 11:49:58 AM EST
[ Parent ]
Re: Indeed. They are the suckers (4.00 / 5)
Communism: The workers pretend to work and the state pretends to pay them.

Capitalism: CDS buyers pretend to buy insurance and CDS sellers pretend to sell it.

Hm, not as catchy.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Thu Jun 16th, 2011 at 04:16:06 PM EST
[ Parent ]

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

Top Diaries

Ireland 13 South Africa 8

by Frank Schnittger - Sep 24
2 comments

UNGA: West Censors the South and East

by Oui - Sep 19
19 comments

EU VDL State of the Union -- Managing Decay

by Oui - Sep 13
35 comments

Rugby World Cup 2023 Week 1 review

by Frank Schnittger - Sep 11
5 comments

Reactionary Visions and eNtiTiES

by Cat - Sep 13
9 comments

Sovereignty 2040

by Frank Schnittger - Sep 2
2 comments

Recent Diaries

Biden's Headache in Middle East: Israel

by Oui - Sep 28

EU as Client State of Joe's America

by Oui - Sep 27
4 comments

Canada's Trudeau Honoring an Ukrainian Nazi Collaborator

by Oui - Sep 26
12 comments

Ireland 13 South Africa 8

by Frank Schnittger - Sep 24
2 comments

UNGA: West Censors the South and East

by Oui - Sep 19
19 comments

A Tale by Benjamin Franklin

by gmoke - Sep 17
3 comments

Fail in Democracy Return to Authoritarianism

by Oui - Sep 15
3 comments

Yemen From Ceasefire to Peace Talks?

by Oui - Sep 15

Huge Cost Proxy War of Choice

by Oui - Sep 14
11 comments

EU VDL State of the Union -- Managing Decay

by Oui - Sep 13
35 comments

Reactionary Visions and eNtiTiES

by Cat - Sep 13
9 comments

Top Military War Planning Under Joe Biden - Ukraine

by Oui - Sep 12
6 comments

Rugby World Cup 2023 Week 1 review

by Frank Schnittger - Sep 11
5 comments

Joe's Fuck the EU -- Showdown

by Oui - Sep 9
29 comments

Modi G20 One Earth, One Family, One Future

by Oui - Sep 7
13 comments

Conflict In Syria's Deir Ezzor Province

by Oui - Sep 6
1 comment

Sovereignty 2040

by Frank Schnittger - Sep 2
2 comments

Some September Food/Ag Events

by gmoke - Sep 2

September 2023

by Oui - Sep 1
190 comments

The Leading International Pariah State

by Oui - Aug 31
5 comments

More Diaries...

Occasional Series