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You truly need to take an economics class.

Posted on: April 14, 2012 at 16:06:35 CT

RHAYWORTH MU

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M.O.B. Votes:

One taught by an actual economist, not a progressive marxist.

If greece could issue their debt right now, based on the new "drachma" who would buy it?

No one.

And that's the problem.

Edited by RHAYWORTH at 16:08:52 on 04/14/12

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MESSAGE THREAD

here is my political prediction for the future - Gadfly MU - 4/14 15:26:41

That is certainly one possiblity - raskolnikov MU - 4/15 09:17:30

Been waiting for this for years (nm) - Nohawks MU - 4/14 20:52:35

i know - Gadfly MU - 4/14 20:53:43

are u saying repubs are gonna be bad for us? - kbit MU - 4/14 17:57:34

libertarian economics is bad for America - Gadfly MU - 4/14 17:58:45

RE: here is my political prediction for the future - sarasotatiger MU - 4/14 16:35:50

Romney will most likely lose - Spanky KU - 4/14 16:11:26

is it b/c he is too weird? - Gadfly MU - 4/14 16:12:15

no, it's because he wears magic underpants (nm) - ashtray USA - 4/14 18:19:01

No... - Spanky KU - 4/14 16:25:52

is it b/c obama reversed bush's recession? - Gadfly MU - 4/14 16:27:47

Pelosi/Reid's recession was reversed by Bush/Paulsen's TARP. - Spanky KU - 4/14 16:43:42

TARP did not reverse anything other than... - ashtray USA - 4/14 18:20:19

it prevented a second Great Depression - Gadfly MU - 4/14 18:31:02

you mean Gramm Leach and Blilely's recession - Gadfly MU - 4/14 17:35:40

Clinton's Legislation? - Spanky KU - 4/14 18:25:08

Gramm and Clinton were libertarian brothers - Gadfly MU - 4/14 18:29:47

RE: Gramm and Clinton were libertarian brothers - sarasotatiger MU - 4/15 00:15:07

So the Pelosi Recession was a Clinton Recession that took - Spanky KU - 4/14 19:37:43

the financial crisis was caused by deregulation - Gadfly MU - 4/14 19:47:27

All signed by Clinton.... Not Bush - Spanky KU - 4/14 21:03:36

all passed by a Republican congress - Gadfly MU - 4/14 21:04:41

^^His definition of activist judge -follows the Constitution - GA Tiger MU - 4/14 16:01:38

except when the sct told florida - Gadfly MU - 4/14 16:02:42

Your doomsday poverty scenario is more likely defaulting. - RHAYWORTH MU - 4/14 15:58:51

RE: Your doomsday poverty scenario is more likely defaulting. - sarasotatiger MU - 4/15 16:42:18

govts that issue debt in their own currency - Gadfly MU - 4/14 16:00:44

You truly need to take an economics class. - RHAYWORTH MU - 4/14 16:06:35

greece's problems lie in its lack of a monetary policy - Gadfly MU - 4/14 17:56:59

RE: greece's problems lie in its lack of a monetary policy - sarasotatiger MU - 4/15 08:36:52

So with the right policy, it wouldn't matter how much - GA Tiger MU - 4/15 09:49:22

Greece's problems lie in the fact that - GA Tiger MU - 4/14 18:39:41

RE: Greece's problems lie in the fact that - sarasotatiger MU - 4/15 00:25:35

Chances are it can't. I still contend that - GA Tiger MU - 4/15 08:28:15

RE: Chances are it can't. I still contend that - sarasotatiger MU - 4/15 16:07:51

why are you such a simpleton? - Gadfly MU - 4/14 19:53:36

libertarian economics profs have no credibility - Gadfly MU - 4/14 16:08:40

24 nobel prizes since 1969 say otherwise. - RHAYWORTH MU - 4/14 16:18:49

how chicago school libertarian economic theory is so wrong - Gadfly MU - 4/14 16:23:11

Hilarious! Paul Krugman's your reliable source? - RHAYWORTH MU - 4/15 10:37:57

^^^Has no concept of what inflation is.(nm) - GA Tiger MU - 4/14 16:02:52

^^doesn't understand countercyclical monetary policy - Gadfly MU - 4/14 16:04:05

But I understand that what krugman wants to - GA Tiger MU - 4/14 16:30:26

Paradox of thrift. You can't cut your way to prosperity. nm - SparkyStalcup MU - 4/14 22:59:45

the failure of England's austerity proves you wrong - Gadfly MU - 4/14 17:34:33

RCW RCW RCW RCW RCW RCW - JG MU - 4/14 15:32:16

perhaps - Gadfly MU - 4/14 15:39:50