Monday, February 9, 2015

HOT GREECE

https://s.yimg.com/sr/img/4/425e4f3f-2317-3010-ba42-0833dccc1847
For another view on Greece and the possibility of a Grexit, one we find much to disagree about, here is marctomarket.com.

The discussion about Greece and its future in the monetary union, or like Greenspan opined, the lack thereof, has focused on economic issues to the near-exclusion of all else. This is myopic.  There are important geostrategic interests at stake.

There is much fear mongering in here. Those Brussels geniuses perhaps should of thought about some of these things before they invited or, more correctly, coursed and cajoled, some of those southern nations into the scheme, none of which were recognized financial paragons of fiscal probity.

Biting off more than one can chew is an old act of arrogance. Kicking the can further down the road once the error has been discovered is an act of gross negligence. The potential the-sky-is-falling crowd always find a way to center stage.

We're not sure why, but Greenspan's stating the obvious has riled some EU apologists. The truth, as they say, is pretty tough to take. 

Hot grease should be handled carefully. And carefully here is the simpest, straightest line between two points--let Greece go.






No comments: