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Comment Re: Good for greece (Score 1) 1307

I went to school in the 90s, when we were still considered "first world", and I know what education here is NOW. I'm not comparing schools of today, which are a mess (but with free laptops for kids), but to the 90s system which was the norm for decades.

Rankings don't mean anything to me, really: it means other people STUDY harder than you, not that they have better schools. Your SCHOOLS are fine, it's your education that needs to be taken care of. As you say: creationism being taught instead of science - that's not my point. I'm talking about resources, not curricula. You can have the best curricula and teachers, but if you don't have money to support it, it's still crap.

Comment Re: Good for greece (Score 1) 1307

Man: you have AV classes with acutual editing equipment, photography class with the tools and supplies, you have shop class with actual tools, you have "debate teams" going around the country, "spelling bees", cheerleading teams and, of course, football teams. Again: yeah, yeah, I know some counties are richer than others, and that people actually move so their kids go to better schools in parts of California, because a school is way better than this one this side of the county line. But the point still stands.

Believe me, you're FAR ahead than even Europe. It's not all about the curricula. It's all. I went to a semi-private school in Argentina, and then to public university. They just don't have the tools to teach anything. The teacher just "tells" you how things are. No experiments, no videos, not even photos of what you're learning. Just the teacher with a blackboard and chalk.

Comment Re:Good for greece (Score 1) 1307

Yes, because creating 25% employment is trivial. Just set up a few factories here and there, and jobs magically appear. And Germany will not try to fuck you up because they will end up losing jobs.
Germany is a bully. They will not let Greece develop an industry (I'm from Argentina. Our bully is the US, they do the same thing)

Comment Re:Citizen of Belgium here (Score 1) 1307

Now, we are back where we began. I am Belgian and I loaned you money out of solidarity. You are not going to pay it back even though you could if you chose to. That is disgusting and I hope my government does everything it can to make a pariah out of you.

This is probably the stupidest thing I read on slashdot in the 12 years i've been in this site.

A random citizen believing he is the lender, and that he has a saying in monetary policy, and to make it worse: psychopatically asking Daddy Government to beat the guy he doesn't like.

Also, a Belgian believes he is a First-Class EU Citizen (you know who is? Germany. Not you.)

Comment Re:printing more money (Score 5, Informative) 1307

Back in 2001 here in Argentina the government couldn't print more pesos than what was in the central bank reserves as US dollars. Provinces needed money (because some provinces subsidize others through federal taxes). So what did most provinces do? Print their own "money": bill-sized bonds with face values of 2, 5, 10, 20, 50 and 100 pesos. The federal government responded by printing their own bonds. So basically every province had their own "quasi-currencies" that were valid only within their boundaries, and they were accepted at a value of 80-90% face value, and only up to a certain amount for your shop (usually up to 50% in bonds). (Except LECOP, the federal bond, which was accepted at full face value up to 100%).
These bonds had (I think) a 10-year payout at 3% yearly. They were largely forgotten when Argentina exited the "convertibility" system that tied the Peso to the USD, and the bonds were "recalled". People quickly traded their bonds for true Pesos at the bank. But of course, the banks kept these bonds and cashed them 10 years later.
This is one of the possibilities for Greece, assuming Greece has any sort of local production to feed their people (Argentina does. We don't need to import food, but we do import most other things)

Comment Re: Good for greece (Score 3, Insightful) 1307

That's borderline communist...
Wait, no. That's outright communist!

That's the thing I LOVE about america: communism/socialism is EVIL, but their public school system is great (yeah I don't care for anecdotical stories of how bad a particular school is. Overall, it's great). But they can't really use government money to build things, or to pay for R&D like most other countries do. So, they use loopholes: their military, for direct government-funded R government aid for companies that build "privatized" infrastructure, like roads (after all: the government isn't building a communist road, it's just "lending" money to a private company -- through a private bank, hopefully. Ah, the american dream). They're also super protectionist through loopholes (price dumping via agricultural subsidies, "diseases" that don't allow for certain produce to enter their country, etc). But they're the first ones to shove free trade agreements down third world countries throats.
Geniuses, i'd say

Comment Re:bit coin doesn't solve the strategic issue. (Score 1) 359

You can default the external debt. Really, it isn't that bad. Creditors will of course try to scare everyone away, but the truth is, it's just the investors trying to get their money back ASAP.

A default is just "i can't pay now, i'm working things out". Creditors, sooner or later, get paid. The problem is that this credit is usually "big league" 10, 20, 30 or 50 years. Which is typical for a large international bank, or credit organization (IMF, World Bank, etc).

So when you're a small guy who saw a 300% return rate in a small period, of course you will get mad. But it's YOUR fault: if the country is paying out such high interest, there is something very wrong and you should walk away. At that point, it's gambling, not investment.

Comment Re:Austerity or... (Score 1) 359

None of the 3 you described. Only a Sith deals in absolutes. Normal people reach a middle ground.
See Argentina's economic crisis of 2001-2002 to see what hapens with Greece: a combination of Default (without civil war), debt restructuring (or writeoff as you called it), and lots of inflation to cover salaries.
And just like in Argentina: it ends up bad 10 years later with "free money" for government.

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