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Channel: Germany's Sophisticated Ignorance Doesn't Even Look Sophisticated Anymore
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Reggie wrote: « ... Germany

Reggie wrote:« ... Germany lives in the same economic malaise roach motel as the rest of the EU, they simply rented the penthouse suite ... »That is funny. Indeed, right now, the Germans are having a...

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Oldie but a Goodie:

Oldie but a Goodie: http://www.youtube.com/watch?v=I5QwKEwo4Bc

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It's like a father who has a

It's like a father who has a son with a gambling problem.  As a father you can only bail him out of so many situations until he put himself in peril.

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Some offspring have gambling

Some offspring have gambling problems, still others have consumer spending problems while others have job,   health or pretension problems.  Too many problems out there and not enough wealthy fathers. 

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"Let's walk through this so a

"Let's walk through this so a 5 year old can understand it."Would have read better if you replaced "a 5 year old" with "a 5th grader". 

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Japan used to have savings

Japan used to have savings with which to kick the can, sadly that is no longer the case. What has Europe in savings? Accepting this yoke of oppression from the bagholders is nothing more than accepting...

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Plad, miss the old avitar

Plad,miss the old avitar btw, but watching that vid is like hearing "stairway to heaven" for the umteenth time.  I was good but it seems to get posted at least once a week here.  regards

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Only a "Bank Guy in Brussels"

Only a "Bank Guy in Brussels" could consider Japan's dynamics to be a model for Europe "Such more complex responses are partly 'kicking the can', but, for example, Japan has kicked the can successfully...

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Only a "Bank Guy in Brussels"

Only a "Bank Guy in Brussels" could consider Japan's dynamics to be a model for Europe "Such more complex responses are partly 'kicking the can', but, for example, Japan has kicked the can successfully...

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have you been to japan??? are

have you been to japan??? are you even suggesting japan could have survived the last few decades without a massive market for exporting and are you comparing the japanese position to that of the west...

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The bank guy in Brussels is

The bank guy in Brussels is making a fatal assumption...that existing debt can continue to be rolled over with the issuance of ever-increasing sums of new debt that the investing public will continue...

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Ouch, Harsh dude,

Ouch,Harsh dude, harsh...Bank guy thinks stealing is okay as long as it's wee bites at a time over a 25 year period. Sort of like mosquito feed instead of lion lunch. By the way ...we prefer the term...

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But hey, As long as you can

But hey,As long as you can buy swaps and make a profit, we can do this forever, right? While we're printing money, we'll just print up some insurance too.What could go wrong?Investing is easy.

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  ....And when an entity

 ....And when an entity steps in suddenly and declares there is a NEW priority to the bond repayment hierarchy, then who would put additional capital into the mess? Your bonds were superior, and then...

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