NP - Why the Euro Is a Selfish Jerk

[David Morris]

Jerome is correct: Austerity failed. Austerity is pop psychology applied to
Economics. It was never a good idea.  My point in bringing up this article
is that the Euro was never a good idea because there is no Euro-Nation, no
real unity. So tying disparate economies together without a common
good-will makes slaves to those small fries in hard times.  In the US, the
rich states are constantly bailing out the poor states, and that's just
what is considered normal.  Greece's debt could be instantly forgiven, and
no one would suffer.  Everyone knows that is true, but the theater of
responsibility and blame plays on and on...

David Morris

On Sat, Apr 18, 2015 at 8:35 AM, Jerome Park <jeromepark3141 at gmail.com
> <javascript:_e(%7B%7D,'cvml','jeromepark3141 at gmail.com');>> wrote:
>
>> Fela Kuti - No Agreement <https://www.youtube.com/watch?v=PiBnIsh5YzM>
>>
>> On Sat, Apr 18, 2015 at 8:32 AM, Jerome Park <jeromepark3141 at gmail.com
>> <javascript:_e(%7B%7D,'cvml','jeromepark3141 at gmail.com');>> wrote:
>>
>>> I agree that pop psychology shouldn't be applied to the Euro crisis, but
>>> neither should the propaganda response to it. The propaganda about Greece's
>>> irresponsible party is far worse than the pop psychology analysis because
>>> it has become the common narrative now despite the facts. Alexis Tsipras
>>> was elected to end the impact of that propaganda narrative, that is, the
>>> austerity measures that have crippled the Greek economy and prolonged the
>>> Euro crisis. Five years ago, when the so-called troika and Greece agreed to
>>> a plan to lift Greece out of recession through austerity, to end the Club
>>> Med Party in Greece and, through responsible measures, bring Greece back to
>>> a competitive level, the narrative was a lie and it is still a lie.
>>> Austerity failed. Miserably. The plan, one that all must bear
>>> responsibility for, was deeply flawed, in large measure because it assumed
>>> that Greece needed more responsible fiscal austerity to grow. Nope. Not
>>> what Greece needed. The bitter medicine was swallowed and it made the
>>> patient sicker. So now, with a government elected to stop the treatment
>>> that is killing Greece and try a new treatment, the troika is in a panic
>>> because, while the world knows its austerity plan failed, the troika wants
>>> to keep its narrative from being discredited by Greece's new Leftists. They
>>> just got elected. Shouldn't they be given a chance to govern?  But who will
>>> pay the pensions and support the people? Greece will. It can do this with
>>> Euro dollars or with a Greek currency. But either way, it should not permit
>>> the propaganda narrative to win.
>>>
>>>
>>> John Bailey <sundayjb at gmail.com
>>> <javascript:_e(%7B%7D,'cvml','sundayjb at gmail.com');>> wrote:
>>>
>>>> Yeah, this kind of pop psychology probably shouldn't be applied to
>>>> nation-states. Not hiring someone for a job is of a different order to
>>>> not relieving a nation of its economic burden, and suggesting that an
>>>> entire country and its heterogeneous population is reflected by the
>>>> fiscal decisions of the ruling party doesn't bode well for any of us
>>>> bastards, either. ...
>>>
>>>
>>
>
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