jimfcarroll
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And, I should add, we apparently disagree on the definition of elitist. For me, an elitist can always be identified as someone that knows what’s best for others, and usually someone that doesn’t live by the standard they impose on others. This is certainly the case for everyone you label. It’s also virtually the definition of Syriza (or any Marxist party for that matter).
E.g. let me know how Yanis makes out at his wife’s island vacation home.
Thanks for the response. I didn’t wholly expect one; not to mention, one so quickly.
You quote ‘mistakes’ as if you disagree with what I outlined. I kinda thought you’d trash my list; I suspect you disagree with it still.
Still, I can’t help thinking that the last several years of austerity protests amount to a populace demanding the status quo.
Obviously you consider pro-EU Papandreou an ‘elitist’, but the popularly elected much-further-left Syriza party “non-elitist” since they are the result when the Greeks ‘vote the elites out of power.’ This leaves me further baffled by your response (unless I’m right about disagreeing with my list) since they pledged to perpetuate, to a much larger extent, the problems I listed.
Hi Raul,
I’ve been reading your posts such that they’ve been replicated on ZeroHedge. I thought your post explaining Target2 was great; that was the first time I understood it.
I mean no disrespect in what follows; this is by way of an honest question:
I’ve been really frustrated reading your latest posts because they completely absolve Greece itself from any responsibility for the predicament it’s in right now. I don’t mean simply that they voluntarily joined the EU. I mean (also) they’ve had a century of failed socialist policies that induced mass intellectual and capital exodus, horrendous economic freedom measures, and a populace that is largely employed in the public sector.
They joined the EU in order to finance an extension of these conditions at lower rates. Which clearly worked for them for a number of years. Look at Greece/German spreads before, and through, their time in the EU.
I agree with EVERYTHING you’ve written with respect to the Troika and it’s behavior. I don’t understand how NOTHING Greece itself has done is EVER considered in anything you write.
Jim
