tag:blogger.com,1999:blog-7820485130017459619.post7183249567849167717..comments2023-10-24T01:46:47.151-07:00Comments on CynicusEconomicus: Iceland and the BanksUnknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7820485130017459619.post-32198890435178635202012-03-06T13:29:04.140-08:002012-03-06T13:29:04.140-08:00My bad! When drawing the article to Cynicus' ...My bad! When drawing the article to Cynicus' attention, I omitted to check on other reported views of the person quoted in it. Not that that would necessarily have stopped me: a cogent argument is a cogent argument, whoever advances it. <br /><br />Meanwhile, here's another link to a BBC article in case anyone has missed it: http://www.bbc.co.uk/news/world-europe-17254544 In an intriguing constitutional innovation, the Icelanders have put their former PM on trial on charges of negligence over the 2008 financial crisis. One to watch!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-33253681587545946962012-03-04T09:44:30.508-08:002012-03-04T09:44:30.508-08:00Andy CFC:
The section on MMT is actually a tad un...Andy CFC:<br /><br />The section on MMT is actually a tad under 20% of the way down.Jonnyhttps://www.blogger.com/profile/16119442844302447926noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-76190335563479365802012-03-04T09:41:12.017-08:002012-03-04T09:41:12.017-08:00Andy CFC:
Here is another aticle for you to have ...Andy CFC:<br /><br />Here is another aticle for you to have a look at.<br /><br />Whilst reading all of it would be more beneficial to get the context, it is extremely long so if you want just scroll down to the section on MMT about half way down the scroll bar.<br /><br />Let me know what you think.<br /><br />Best wishes.Jonnyhttps://www.blogger.com/profile/16119442844302447926noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-60982386587567912792012-03-04T08:44:45.983-08:002012-03-04T08:44:45.983-08:00After reading it I think debunk is an appropriate ...After reading it I think debunk is an appropriate term.<br /><br />If you disagree with the article then feel free to challenge some of Corrigan's assertions.Jonnyhttps://www.blogger.com/profile/16119442844302447926noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-61812664713677612312012-03-03T12:04:17.917-08:002012-03-03T12:04:17.917-08:00Debunk? for a start MMT works in the system we hav...Debunk? for a start MMT works in the system we have not the system that you want. We are not on the gold standard anymore.<br /><br />The Austrian system is serfdom for the propertyless...<br /><br />MMT is a democratic system where the people hold power through their elected government. Private Property rights hold a critical claim in that hierarchy, even if Austrians want to deny that.<br /><br />Mr. Corrigan appears to have a serious inferiority complex which he compensates for by being overly verbose.AndyCFCnoreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-68615818789343208222012-03-01T23:00:46.481-08:002012-03-01T23:00:46.481-08:00Very nice debunk of MMT:
http://www.zerohedge.com...Very nice debunk of MMT:<br /><br />http://www.zerohedge.com/news/sean-corrigan-crucifies-mmtJonnyhttps://www.blogger.com/profile/16119442844302447926noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-62857252590704261352012-02-27T12:25:08.032-08:002012-02-27T12:25:08.032-08:00Hi: One other thought about an advantage Iceland ...Hi: One other thought about an advantage Iceland would have over Ireland. This is that they control their own currency. Therefore, when the Icelandic Krona collapsed, it helped them on the export side as well. With Ireland, by contrast, by being locked into the Euro they have essentially had to take the austerity route, as they have no floating currency to cushion the fall. What do you think on this?alternative investmentshttp://www.greenworldbvi.com/alternative-investments-options/noreply@blogger.comtag:blogger.com,1999:blog-7820485130017459619.post-37921607306101272142012-02-20T05:18:02.714-08:002012-02-20T05:18:02.714-08:00Cynicus, regarding your comment: "Thanks for ...Cynicus, regarding your comment: "Thanks for the link on the necessity for Europeans to live within their means! It is a long standing theme of the blog."<br /><br />Former Malaysian Prime Minister Mahathir Mohamad is an extremely dubius source of qoutes to post on any blog. I know that particular article is from the BBC, but this is a man whom has made some whoppingly rasist remarks. I enjoy your blog, but that man is a lunatic.Anonymousnoreply@blogger.com