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That's not the neocon plan. The serious people appear to honestly believe in expansionary austerity, except for the few Austrian liquidationists that may be around.

In addition, even if Greece does produce and install PV and wind, it will still heavily depend on liquid fuels for transportation (who's going to pay for the infrastructure necessary to switch to electric traction, and we're talking about very rugged terrain) for a long time so at most it will be exporting power and importing  or manufacturing synthetic fuels. And it will import the electric vehicles, too.

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker

by Migeru (migeru at eurotrib dot com) on Fri Jan 6th, 2012 at 04:42:47 AM EST
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