[FoRK] World stocks dive on Greece turmoil

Joseph S. Barrera III j3 at barrera.org
Fri May 18 15:47:31 PDT 2012


On 5/18/2012 3:41 PM, Gary Stock wrote:
 > 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.

Nah, Greece just decided to put their credit to use, like so many 
American homeowners. "Live Richly!"

It's not insanity if big safe corporations are telling you to do it.

http://www.nytimes.com/2008/08/15/business/15sell.html?pagewanted=all



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