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He makes complete sense,
That Doctor Professor Sinn.
It does not matter,
Whether 60%, or 70%, or 80%
Of the Greeks
Do not want a New Drachma.
We need it anyway,
That New Drachma!
At best, we get it before summer,
When last year’s harvest runs out
And this year’s is not ripe yet.
Then it can devalue,
That New Drachma.
By 60%, or 70%, or 80%.
And in the streets of Athens
The dead of hunger will rot,
τοῖς κείνων ῥήμασι πειθόμενοι.
Just like in the streets of Buenos Aires,
Back when they devalued the Peso.
It’s also … read more
I talked to a fuckload of anonymous Arabs in the last 2 months. And I can vouch for one thing: these people know perfectly well that they cannot rely on Western governments’ sweet-talk. But they simply want their dictators to go down down down, dammit and inshaAllah.
And they go and try to do that. And people die in the process.
Some of the people I chatted with, as a matter of fact, are dead now, killed by some dictator’s … read more
(My Portuguese may suck; I apologize. I am barely able to grasp the basic rules, and have been forced to do so by necessity alone.)
There is a lot of talk these days about admigration. Google knoweth not that word, yet Germany does[*]. We do not know, or have, “immigration”, except in the negative: Germany is not, and will never be, a country of immigration. Or so it has been said.
The following quotes are, à votre plaisir, rendered into English trying … read more
So, on May 20th, 2010, I said in a private conversation (that was duly noted down) regarding the economy:
the significant index values of the coming ?weeks:
dax 6500 and rising
djia 10000 and falling
Meaning that until one of these marks is breached, and robustly so, the global economy will remain in limbo, and other matters of concern may be leisurely regarded as utterly more important.
Almost 3.5 months later, I have no reason whatsoever to change my opinion on this issue.
The last week … read more
It will be pretty interesting to see how Capitalism will digest that Greece thingy. And to see how many of the PIIIGGS will go down before this is over.
In any case, those that had already deadsaid Teh Kryzys[en:/pl:] stand corrected.
Big things do need a lot of time to proceed after all. And it is not like we could not have told that this’ll take some time, ね?
As regards the funny things in life, Jane Buergermeister’s[*] lil old click-grabbing … read more
“Gutti“’s conception of things military must have been heavily influenced by his clan’s ancestor worship of his great-great-uncle. After all, Karl Ludwig was the Good Nazi[de:] of the von und zu Guttenbergs, and many of us Germans did not have even remotely good Nazi ((great-)grand)fathers at all. Mine were both moderately to fairly serious assholes for example. Not involved in exceptional brutality, but definitely eager cogs in the machine til the end, and that is about average. But Karl Ludwig … read more
Actually, no[de:].
They had been long Arified through and through, and as far as I can think of, entirely voluntarily. Certainly, not a single dirty smelly money-grabbing Jew had any major say about it even before the Nazis, and by 1945 it had itself completely whored[de:] out to the highest bidder.
They flaunt their Jew heritage, possibly because after haShoah, things Jewish have the attractiveness of things taboo in Germany. But I presume they were Catholic[de:] in “modern” times — if anything … read more
We didn’t go to the demonstration 2day, but I went to where they had their final speeches and cultural programme. Met w/a few ppl I know, though I’d hoped I’d meet some other folks who weren’t there. One guy is a local activist, in whose case his non-presence represents quite epic FAIL. Or I have not understood his methods and he’s in a weird tree-hugging magickal cult that hopes to bring civilization as we know it crashing to its knees … read more
Indices cavorted all over the place, settling in for a solidly red week, though today — as did the DJIA a few days ago — the N225 manages to make a near spot landing with plusminus zeroish change. The last 3 weeks’ bumpy bounce, tumbling down a broken and rough slope, shaved some 12.5% off the DJIA, while the N225’s losses could well (for a while at least) be limited to just below another 10%. The DAX, in spite of … read more
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