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michaelpelly commented Jun 25, 2015I'm a hardliner on the idea that any social/political/government system that excludes basic human nature traits is dangerous and doomed to fail.
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015Couldn't say it better!
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015Which is a typical mindset of the southern countries in "EuropA". Even in my country. So - again on the social culture and the people mindset toward wealth and prosperity.
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015But government spending being significant part of the economy is called communism/socialism and in modern history it is not a sustainable economic model. Examples are everywhere. So why the Greek people insist in it? Would be politically incorrect ...
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015Right! But those "corrupt" politicians are the same Greek people, right?! They are not Slovaks, Germans, British. They are Greek people - so what is scenting here is that Greek political class is tend to "betray" their own people. Doesn't this marks ...
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015What is extraordinary on your statement is that Greece never actually been in the USSR post-WWII "zone of influence", yet still people there shows the same behavior.
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015I see m comments are extracted - I will change my question in more "correct" manner: Does anyone think there is a coincidence that during economic downturn only the southern EU nations suffer huge drops in GDP and productivity, while northern ...
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 25, 2015"I think we have gone through a period when too many children and people have been given to understand "I have a problem, it is the Government's job to cope with it!" or "I have a problem, I will go and get a grant to cope with it!" "I am homeless, ...
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 24, 2015So - failed country?
13 mind-blowing facts about Greece's economy
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michaelpelly commented Jun 22, 2015You know - it's a biker thing :-).
Greek finance minister Yanis Varoufakis doesn't drive a car to work
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michaelpelly commented Jun 22, 2015Greece had never had "economic growth and well-being of the population" before the EU/EZ. They had militarized coup-acquired cruel government and economic misery. Why do you think getting out of the EU/EZ will change these facts?!
Senior German Conservative Hans-Peter Friedrich: Greece Does Not Have to Remain in the Euro...
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michaelpelly commented Jun 21, 2015"Naked" road bike model - good choice - quite classical. And the BMW enduro for the weekends - not bad :-). I might start to like him :-)
Greek finance minister Yanis Varoufakis doesn't drive a car to work
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michaelpelly commented Jun 19, 2015This pipeline is just money flow - it was supposed to be passing through Bulgaria, but GazProm made such an absurd deal that EC and Bulgarian government just abandoned the project. Putin is securing money lifelines for his closest oligarchs - ...
Greece Is No Lehman Brothers to European Markets
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michaelpelly commented Jun 19, 2015The problem with this meeting is that most of the participants there will go with the agenda how to tackle and dampen the consequences of the Greece default - not to offer some last minute desperate deals. Already the voices of "what to do after..." ...
Week in FX: Emergency Eurogroup Meeting Top of the Agenda
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michaelpelly commented Jun 19, 2015The problem is that ultra leftist governments are by nature non constructive. They come from the streets and they try to use street thug approach in almost every policy they undertake. 90% of the speeches from the Greek SYRIZA clowns were focused on ...
In or Out? Greeks Should Vote on Euro
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michaelpelly commented Jun 19, 2015Next Ukraine? This time on the Balkans? Turkey happy to let Russia in the backyard? NATO will stay passive? I think Putin is bold, but in any case not stupid leader.
Greece Is No Lehman Brothers to European Markets
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michaelpelly commented Jun 19, 2015“Greece is not important in the long run,” said Jen. “A failure in Greece would effectively be an admission by the Europeans of a past mistake of admitting a country which clearly did not have the requisite strengths and discipline to be a member. ...
Greece Is No Lehman Brothers to European Markets
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michaelpelly commented Jun 19, 2015Last minute seems now...
Germany will negotiate with Athens 'until last minute'
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michaelpelly commented Jun 18, 2015OMG! Marx, Lenin, communism, etc. The very essence of that theory is flawed - because we are talking about people - personalities with dreams, desires, ambitions. The communism in its core of egalite directly contradicts the human nature. And to ...
Tsipras Slams "Criminal" IMF In Defiant Speech