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Comment Re:Very important link left out: the agreement tex (Score 1) 485

What the fuck are you talking about? My models give predictions that work exactly as they are supposed to, which is why I knew about the coming 2008 collapse

No, you haven't. Where is that hyperinflation caused by all this fiat money? Hiding under the bed? Why hasn't the stock market collapsed once QE had stopped?

the coming USD collapse and of-course as a result of the USD collapse the coming bond market collapse.

Oh, a coming collapse. Is it like the second coming of Jesus? When are we going to see it? The century or the next one?

I'm willing to bet 1kg of gold (or its equivalent in any other reliable currency) that there'll be no USD collapse (defined as sustained hyperinflation or exchange rate collapse) in the coming 3 years. Do you wish to enter this bet?

Comment Re:Very important link left out: the agreement tex (Score 0) 485

You are an idiot, provably. Your models give predictions that don't work. Mine do.

So instead of reconsidering your worldview you simply bury your head deeper in your anus. German economic "growth" was caused by forcing all the peripheral countries to carry the inefficiency of the German economy. For example, lazy Germans work 60% of hours compared to Greek workers and enjoy greater labor protections.

Comment Re:Very important link left out: the agreement tex (Score 0) 485

The reality is that Greece needs to be booted out of EU. German people are not interested in donating (and lets be clear, this is a donation, not a loan) more money to the Greeks standing with their hands out.

Yet German people were quite happy to pump their debts into Greece, Spain and Italy over the course of last 15 years. Half of German economic growth was caused by this.

Comment Re:Sunk cost fallacy (Score 1) 485

Not the same at all. Debtor's prison threw debtors in jail where they couldn't work off their debts. Greece is not being thrown in jail.

No, it has been thrown into jail. The further cuts will depress the economy even further, increasing the debt load. Also they'll lead to real starvation and homelessness for a large amount of population.

Comment Re:BS (Score 1) 431

Greece can even service the current debts if they are allowed to borrow at lower rates. That's essentially what the 'bailout' was - the ability to borrow at lower costs to re-finance the debts. Even simply extending the bailout program without imposing new austerity would have been enough to let Greece recover.

And if we continue an analogy with a household, right now Greece has a steady job with enough income to cover the expenses for a fairly well-off lifestyle. However, it has also a crippling underwater mortgage. For a household the simplest way out of this would be a bankruptcy and a new start.

But OK, suppose that we put the interests of the Holy German Empire on the front. The problem is, austerity actually HURTS the creditors by undermining Greek economy. There's really no reasons for austerity except for sadism of Merkel.

Comment Re:Outside help (Score 4, Informative) 431

If you do it by creating money out of thin air - yes, it shouldn't count as much. And that's what Germany and France were essentially doing all along.

And yes, I do have actual data to prove it: http://ec.europa.eu/eurostat/s...

If you check the numbers in details, it turns out that almost half of the German economic growth during the 2002-2008 period is solely because of this debt export to the periphery.

Comment BS (Score 0) 431

No, developers are not leaving Greece en-masse.

As for "nobody pays taxes in Greece" - the budget of Greece is actually BALLANCED. The government takes more in taxes than it pays its citizens.

Let me repeat it: THE BUDGET OF GREECE IS BALANCED.

The problem is that creditors want MOAR BLOOD from Greece, knowing perfectly well that it'll increase unemployment and general suffering.

Comment They're in the slow-start phase (Score 1) 688

Right now electric vehicles and plug-in hybrids are in the slow-start phase of growth. Technology is still new and costs a lot, and charging infrastructure is not yet 100% here.

However, we have made an amazing amount of progress already. I bought a Tesla about a month ago and I already have 5000 miles on its odometer, mostly from road trips. Most of the road trips required no planning at all thanks to the supercharger network ( http://supercharge.info/ ) that is already available. Some road trips required a bit more planning (checking for available Tesla destination charging or slow-chargers in hotels) but so far I had no problems with reaching a desired destination. And most of this infrastructure has been built during the last 3 years!

In 5 years once there are several affordable competing models with 300 miles of range and several supercharger networks, the real question for many people will be: "Why should I buy a gasoline car?"

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