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(The Year 2012 In Review)
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|User Info||Christine LaGarde, The Troika, And Greece; entered at 2012-05-26 11:32:04|
The last thing that you want is to have all those grey swans going after you.I'm know there are some gray swans out there but many of the retired would best be described metaphorically as other animals.
But try as they might the bailout providers can't actually help that group of people. They can give them the nominal value of their promised revenue by diluting the value of the currency but that doesn't give them the spending power they were expecting. It won't help those "swans" afford the six types of medication it takes to keep them alive.
They can't extract more production from the young because that group will just stop producing or move to the underground economy.
Last modified: 2012-05-26 11:35:35 by abn0rmal