[FoRK] World stocks dive on Greece turmoil

Gary Stock gstock at nexcerpt.com
Fri May 18 15:41:43 PDT 2012


On 5/17/12 9:03 AM, mdw at martinwills.com wrote:
> Greece decided they wanted full socialism...

That's like explaining the collapse of credit default swaps by saying, 
"Wall Street decided they wanted full capitalism."

Greece decided ~INSANITY~, regardless of any political or economic 
underpinning.

I know, I know:  gratuitous bashing of socialism at every turn is good 
sport, and all.

However, in a context like that, unless "Greece" can be replaced with 
"Sweden" (without reversing the meaning) the word "socialism" is irrelevant.

GS


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