19-Oct-11 World View -- Israel exchanges Gilad Shalit for 1,027 Palestinians
Greece facing nationwide general strike on Wednesday and Thursday
** 19-Oct-11 World View -- Israel exchanges Gilad Shalit for 1,027 Palestinians
** http://www.generationaldynamics.com/cgi ... 19#e111019
Contents:
### World View - Israel exchanges Gilad Shalit for 1,027 Palestinians
Israel exchanges Gilad Shalit for 1,027 Palestinians
Greece facing nationwide general strike on Wednesday and Thursday
Merkel says euro crisis is moving 'millimeter by millimeter'
Thailand's troops race to protect Bangkok from floods
Keys:
Generational Dynamics, Israel, Gaza, Khaled Mashaal, Benjamin Netanyahu,
Gilad Shalit, Greece, general strike, Angela Merkel,
Bangkok, Thailand
19-Oct-11 WV-Israel exchanges Shalit for 1027 Palestinians
Re: 19-Oct-11 WV-Israel exchanges Shalit for 1027 Palestinia
Of course there is a solution, many have proposed it. Set up a means by which Greece, Italy and Portugal can exit the EURO and return to a local currency. Then they can default, inflate, devalue or whatever they need to do, and this will not destroy European unity.
The bankers and investors, of course, resist this. They priced bonds on the assumption that Germany and France were backing ALL EURO issued bonds, no matter the country of issue.
More and more, this becomes a fight between the desires of the banks and the needs of the people and the countries as a whole. The economic systems need a reset, and any form of reset means the banks lose huge amounts of capital - mostly imaginary capital they created from nothing, but they still want to keep this on their books. A question never asked is "how many institutions are carrying Greek bonds issued in the last two years on their books at full value?". Far more than anyone wants to admit or examine, would be the most nearly correct answer, or so I believe. And the crash will prove it.
That angry Greek could just as easily have been screaming "rip off the bandaids!".
It seems odd to me that Iraqi officials do not want to make an agreement with the US to continue to provide border security, while such invasions make it obvious that they cannot secure their borders at all. The reasoning of politicians is very like to the peace of God. (Phl 4:7 )
The bankers and investors, of course, resist this. They priced bonds on the assumption that Germany and France were backing ALL EURO issued bonds, no matter the country of issue.
More and more, this becomes a fight between the desires of the banks and the needs of the people and the countries as a whole. The economic systems need a reset, and any form of reset means the banks lose huge amounts of capital - mostly imaginary capital they created from nothing, but they still want to keep this on their books. A question never asked is "how many institutions are carrying Greek bonds issued in the last two years on their books at full value?". Far more than anyone wants to admit or examine, would be the most nearly correct answer, or so I believe. And the crash will prove it.
That angry Greek could just as easily have been screaming "rip off the bandaids!".
It seems odd to me that Iraqi officials do not want to make an agreement with the US to continue to provide border security, while such invasions make it obvious that they cannot secure their borders at all. The reasoning of politicians is very like to the peace of God. (Phl 4:7 )
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