tag:blogger.com,1999:blog-5598941897669653307.post418258701748420315..comments2021-12-29T02:51:35.068-08:00Comments on Mean Squared Errors: IMF: Most misleading sentence ever?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5598941897669653307.post-81946846415201126012015-07-13T12:23:57.383-07:002015-07-13T12:23:57.383-07:00That's a fair question. But the ECB has just ...That's a fair question. But the ECB has just told the world that the solvency of entire Greek banking system depends on the ability of the Greek government to raise new loans from the Troika. My assumption is simply that the ECB's claim is not completely insupportable.JEChttps://www.blogger.com/profile/13107662855215626812noreply@blogger.comtag:blogger.com,1999:blog-5598941897669653307.post-34553733710811508482015-07-13T08:25:47.518-07:002015-07-13T08:25:47.518-07:00Wow, nailed it. Thanks.Wow, nailed it. Thanks.Tinhttps://www.blogger.com/profile/17469298813605483869noreply@blogger.comtag:blogger.com,1999:blog-5598941897669653307.post-55929912553017843612015-07-13T07:13:55.668-07:002015-07-13T07:13:55.668-07:0011 billion for Greek banks would probably make sen...11 billion for Greek banks would probably make sense in a world where the Greek economy wasn't tanked and nothing was done to address the export imbalance. Which is the problem with everything about the Euro-zone "aid" to Greece. The actions would be reasonable if Greece had overborrowed in normal times. In times such as these...Anonymoushttps://www.blogger.com/profile/04559025307647276280noreply@blogger.comtag:blogger.com,1999:blog-5598941897669653307.post-43687970116770981762015-07-13T06:38:45.687-07:002015-07-13T06:38:45.687-07:00is 11billion euros for a stake in the greek bankin...is 11billion euros for a stake in the greek banking system really as outlandish as you assume ?<br />do you have any data, of any sort, or are you merely stating what to you seems to be commonsense ?Soccer Dadhttps://www.blogger.com/profile/10745967553131454562noreply@blogger.comtag:blogger.com,1999:blog-5598941897669653307.post-44512437296379097772015-07-13T03:52:48.285-07:002015-07-13T03:52:48.285-07:00This is a terrifically clarifying explanation of w...This is a terrifically clarifying explanation of what seems to be an EU double-think mindset, that first of all it is prudent to require the impossible, and second to expect impossible benefits. (The just released agreement continuing. Fifty billion euro in asset proceeds, indeed. Three and half percent primary surplus, indeed.) <br /><br />Or else this is just a tool. I'm not sure. johnhttps://www.blogger.com/profile/01628063779348336042noreply@blogger.com