MISSEDLINK

Greek Vote - Paul Krugman: LINK ¤ NEW YORK TIMES

_________________________________________

 

• "Greece - held a referendum - on whether - "troika" - austerity ?!"

 

 

 

 

_________________________________________

• "Greece - should vote - "no"  !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "and the Greek government - could be ready - as possibility !"

 

 

 

 

_________________________________________

• "to leave the Euro - most of what one has heard - about behaviour !"

 

 

 

 

 

_________________________________________

• "of the Greek government - was more false - than true !"

 

 

 

 

_________________________________________

• "yes - the Greek government - had been spending - in the mid 2000s !"

 

 

 

 

_________________________________________

• "if you add up - all the measures - they had been more than enough !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "to eliminate the original deficit - and turn it into a large surplus !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "cases of success - to rein in deficits !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "typically involve - large currency - devaluations !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "cases of success - to rein in deficits !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "typically involve - large currency - devaluations !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "this is what happened - for example - in Canada in the 1990s !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "and to an important extent - later in Iceland !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "Greece - without own currency - not that option !"

 

 

 

 

 

_________________________________________

• "Greece had been presented - by the troika - with a !"

 

 

 

 

_________________________________________

• "take-it-or-leave-it - offer - and presumably was intended to be !"

 

 

 

 

 

_________________________________________

• "an offer - the Greek Prime Minister Tsipras - could not accept !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "there has to be - no austerity !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "so it is time - to put an end - and to change the rhetoric !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

Greek Options - Paul Krugman: LINK ¤ HUFFINGTON POST

_________________________________________

 

• "devaluation - would pave the way - for recovery !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "just as it has - in many other times - and places !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "the "troika" - had tried - what was called a - "reverse Corleone"  !"

 

 

 

 

_________________________________________

• "they had made - Greek Prime Minister Tsipras - an offer !"

 

 

 

 

_________________________________________

• "the "troika" had tried - what was called a - "reverse Corleone"  !"

 

 

 

 

_________________________________________

• "he could not accept - they presumably did this knowingly !"

 

 

 

_________________________________________

• "so the ultimatum - was an attempt - to replace Tsipras !"

 

 

 

 

_________________________________________

• "and even if you do not - politically agree !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "with the left-leaning - Syriza party !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "the high - European ideals - have to be protected !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

______________________________________________________________________________

Greek Lessons - Barry Eichengreen: LINK ¤ PROJECT SYNDICATE

_________________________________________

 

• "a visit to Greece - leaves many - vivid impressions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "there are - of course - the country’s rich history !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "abundance of archeological sites - azure skies !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "crystalline seas - beautiful coasts - and lovely old villages !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "also the extraordinary - courage - of the ordinary citizens !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "but also questions - should policymakers have done - differently ?!"

 

 

 

 

_________________________________________

• "the critical political moment - was in the first half - of 2010 !"

 

 

 

 

_________________________________________

• "public debt - unsustainable - the country’s sovereign debt !"

 

 

 

 

_________________________________________

• "should have been restructured - without delay !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "quickly written down - its debt burden - by two-thirds !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "it could have used the interest savings - to recapitalize the banks !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "started investment - and gotten its economy move !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "the Greek government - should have moved - unilaterally !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

_________________________________________

• "hindsight suggests - that the authorities - should have !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "done just that - faced with foreign opposition !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the government - should have announced its decision !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "to restructure - as a fait accompli !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "there would have been risks - but by acting preemptively !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "Greek leaders - would have shaped - the dialogue !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "they could have said - look they have no choice - but to restructure !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "they are deserving support - the Greek government could have started !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "by bringing together - employers - and unions !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "to negotiate - an equitable - burden-sharing agreement !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "this could then have been complemented - by a simultaneous !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "agreement - to restructure private debts - and reach an accord !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

______________________________________________________________________________

Ambassador Gianna Angelopoulos - Huffington Post: LINK ¤ HUFFINGTON POST

_________________________________________

 

• "give Greece - a chance !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the Greek people - casted a decisive vote !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "that reflected - a number of desires !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "that can be summed up - in one word - dignity !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "ultimately - the Greek people - chose this Syriza !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "party government - out of optimism - out of a belief !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"^

 

 

 

 

_________________________________________

• "that they could put challenges - behind them !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "if - given a - chance !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the prime minister - represents the left !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "and he represents - the new leadership - Greece needs !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "the Greek people - voted overwhelmingly - for a new start !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "but - Prime Minister Tsipras - cannot deliver !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "that new start - alone - he needs help from !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "Europe's leaders - Eurozone officials - and world leaders !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

_________________________________________

• "with no - non-workable rules !"

 

 

 

 

 

_________________________________________

• "if world - and European leaders - deliver dignity !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

_________________________________________

• "if World and European leaders - deliver dignity - to the Greek people2 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "to the Greek people - the Greek people !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

_________________________________________

• "will deliver for themselves - and the world !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

 

 

 

______________________________________________________________________________

______________________________________________________________________________