(np) "Der Spiegel" knows what's good for the UK ...

[ish mailian]

Slow and Low growth seems the foreseeable future in the States, but I
suspect that the consensus for a new 2% normal may be over emphasizing
the international impact on the US economy.

Productivity, investment, and demographics are a drag, but I'm
positive on energy and even commodities, so 3% is not out of the
question.

On Thu, Jun 16, 2016 at 3:22 AM, Kai Frederik Lorentzen
<lorentzen at hotmail.de> wrote:
>
> No doubt that the crisis stood at the cradle of the centrifugal tendencies
> we're dealing with today in Europe. And as far as the UK is concerned, the
> Brexit would perhaps not make a crucial difference - although the City of
> London would lose market shares to the Frankfurt Stock Exchange -, but it
> would certainly encourage the rising nationalism in all EU countries and I
> doubt that anyone could get the cork back into the bottle again ... Not that
> this must be necessarily bad. Actually there is no danger of war between the
> EU nations at all, and it's hard to imagine anything less democratic than
> the Brussels bureaucracy, so ... Power to the people!
>
> P.S. We already have stocks and non-euro-currencies.
>
>
>
> On 15.06.2016 22:09, ish mailian wrote:
>>
>> I wonder if this all much ado about nothing much but what follows in
>> the wake of a crisis such as the one that we're still recovering from.
>> In the States, we've recovered: inflation is 2%, the Fed's Target. And
>> Unemployment is at the NAIRU, the Fed's target. Job done. In the Eu
>> you've still got a way to go, but that's to be expected. It will take
>> time. Could the Eu have done a better job? Sure. Even the US, where
>> the Fed has done a great job it was not flawless and of course we have
>> a messy fiscal policy because the President and Congress can't get to
>> first base, but things are improving. Brexit, if it happens, won't
>> mean a great deal. I'm betting it won't happen. Buy Stocks and the
>> dollar. Short the Euro and Bunds.
>>
>> On Wed, Jun 15, 2016 at 7:13 AM, Kai Frederik Lorentzen
>> <lorentzen at hotmail.de>  wrote:
>>>
>>> Correction: The dialogue itself is English, not the subtitles.
>>>
>>> Since you mention Greece, there's new empirical research on how Europeans
>>> feel ...
>>>
>>> http://www.pewglobal.org/2016/06/13/europeans-face-the-world-divided/
>>>
>>> While most Europeans consider ISIS to be the most serious threat to their
>>> country, for example 79% of the British and 85% of the Germans, the
>>> people
>>> of Greece (95%) see it in "global economic instability". While only 24%
>>> of
>>> the British and 25% of the Germans see in US power and influence a major
>>> threat to their country, it's 42% among the Greeks (--- still hard
>>> feelings
>>> about Goldman Sachs?). And of all the European nations it's the Greeks to
>>> whom a decidedly national perspective is most important: 83% - compare
>>> 52%
>>> in the UK and 40% in Germany - think that "our country should deal with
>>> its
>>> own problems and let other countries deal with their own problems as best
>>> as
>>> they can"; only 12% of the Greeks - Germans: 53%, British 43% - think
>>> that
>>> it is a good idea "to help other countries deal with their problems" ...
>>>
>>> All good EU compatriots, nicht wahr?
>>>
>>>
>>>
>>>
>>> On 15.06.2016 10:37, Kai Frederik Lorentzen wrote:
>>>>>
>>>>> anybody, even Germans, should tell the Brits what to do
>>>>
>>>> https://www.youtube.com/watch?v=a38ahhWX-BU
>>>>
>>>> 2.13 - 2.42 (English subtitles)
>>>>
>>>>
>>>> On 15.06.2016 00:05, ish mailian wrote:
>>>>>
>>>>> Everybody and anybody, even Germans, should tell the Brits what to do.
>>>>> The Brits, of course, being Brits, will do exactly whatever they want.
>>>>> The Brits welcome a good argument, even from the outsider, not that
>>>>> they will listen. No harm, no foul. England can handle it. No need for
>>>>> the Germans to come to the rescue. The Greeks know what that does to
>>>>> people.
>>>>>
>>>>> On Sat, Jun 11, 2016 at 5:44 AM, Kai Frederik Lorentzen
>>>>> <lorentzen at hotmail.de>  wrote:
>>>>>>
>>>>>> Beside me I have the new print edition of "Der Spiegel" and I feel
>>>>>> extraordinarily disgusted. Why? They labeled it as a "Special" and
>>>>>> they
>>>>>> have
>>>>>> translated all the articles relating to the Brexit referendum into
>>>>>> English
>>>>>> ("23 extra pages in English") so now the British people can read in
>>>>>> Germany's first news magazine what's best for them and, of course, for
>>>>>> Europe ... I guess that's exactly what folks in the UK have waited
>>>>>> for,
>>>>>> no?
>>>>>> ... Listen to them: "It's smarter to stay. The choice is between a
>>>>>> moment of
>>>>>> pride and a new future built together ..." I don't know what's uglier,
>>>>>> the
>>>>>> whiner stuff - "If Britain leaves the EU on this side of the Atlantic
>>>>>> while
>>>>>> Donald Trump becomes president on the other, then seemingly permanent
>>>>>> alliances will wobble, and a weakened Europe would end up alone,
>>>>>> helpless
>>>>>> amid myriad global crisis" - or the detailed ideas about an adequate
>>>>>> British
>>>>>> behavior: "(S)hould the British vote against Brexit, perhaps by 55% or
>>>>>> 60%
>>>>>> rather than 50,1%, then that would be a mandate. Then the British
>>>>>> should
>>>>>> stop doing the things that have irritated Europe for years: special
>>>>>> requests, self-pity and wretched haggling over every last detail."
>>>>>>
>>>>>> Nobody should tell the British what to do. Actually I envy them for
>>>>>> the
>>>>>> opportunity to make a fundamental democratic choice on EU membership.
>>>>>> I
>>>>>> don't know what I would vote for in such a situation, but I think all
>>>>>> peoples in the European Union should have the same right.
>>>>>>
>>>>>> And media campaigns like this are simply what they are.
>>>>>>
>>>>>>
>>>>>> -
>>>>>> Pynchon-l /http://www.waste.org/mail/?list=pynchon-l
>>>>>
>>>>> -
>>>>> Pynchon-l /http://www.waste.org/mail/?list=pynchon-l
>>>>>
>>>>>
>>>> -
>>>> Pynchon-l /http://www.waste.org/mail/?list=pynchon-l
>>>>
>>>>
>> -
>> Pynchon-l /http://www.waste.org/mail/?list=pynchon-l
>>
>>
>
-
Pynchon-l / http://www.waste.org/mail/?list=pynchon-l