Tuesday, 19 June 2012

Trojan Horses

It strikes me as strange how the Greek vote to stay in the Euro is being viewed with relief by Eurocrats when it simply means billions more having to be poured into the black hole of the Greek economy with no end in sight. Next it will be Spain and Italy.

Beware of Eurocrats bearing gifts - especially ones called economists.

As architects of the Euro project, the names of Fred Arditti, Neil Dowling, Wim Duisenberg, Robert Mundell, Tommaso Padoa-Schioppa and Robert Tollison will go down in history, but for all the wrong reasons.

I guess economics will join the ranks of alchemy and astrology.


  1. Buy land lots of it, huge fence/moat, lots of weapons including EMP's and wait. Actually what I'm worried about is that Greeks will be forced to learn that they have to actually WORK for a living rather than the endless holiday they've become accustomed to. As in "get off your lazy ass and work" kind of work - 40 hours, 50 weeks/year. 2,080 hours per year kind of working. Oh, and they would have to actually PRODUCE something in those hours besides bellyaching over their politics.