tag:blogger.com,1999:blog-6155812.post1528535129966617516..comments2023-12-14T20:03:28.867+08:00Comments on 雙語 Incoherent thoughts: 晒冷買希臘四月脫歐pakmanhttp://www.blogger.com/profile/12594314166399890483noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6155812.post-34117905775437531742012-02-23T17:43:25.741+08:002012-02-23T17:43:25.741+08:00True, that's the usual moves done by IMF...
B...True, that's the usual moves done by IMF...<br /><br />But if that is really up to the IMF and Greek government.<br /><br />I mean DSK got torpedoed because he was about to fly to Europe and tell Sarkozy + Merkel that's what the IMF wanted to do.pakmanhttps://www.blogger.com/profile/12594314166399890483noreply@blogger.comtag:blogger.com,1999:blog-6155812.post-10745368393286448652012-02-22T18:27:23.216+08:002012-02-22T18:27:23.216+08:00i shouldn't have said "honor" the de...i shouldn't have said "honor" the debt. rather, create a 'firewall' between historical debt (which can be renegotiated and take a haircut), and issue new currency for any new spending.<br /><br />this way the bottomless hole is at least sealed, for the moment.Sun Binhttps://www.blogger.com/profile/08093210384069958083noreply@blogger.comtag:blogger.com,1999:blog-6155812.post-75750541349695254642012-02-20T19:29:10.795+08:002012-02-20T19:29:10.795+08:00Depends on those damn CDS and derivative products....Depends on those damn CDS and derivative products.<br /><br />I don't know whats gonna happen, but this is either the end of CDS market, or CDS issuers.pakmanhttps://www.blogger.com/profile/12594314166399890483noreply@blogger.comtag:blogger.com,1999:blog-6155812.post-18462641149075019762012-02-20T19:28:24.141+08:002012-02-20T19:28:24.141+08:00No, for they can't afford to pay off their old...No, for they can't afford to pay off their old debts in Euros...<br /><br />politically unfeasible...<br /><br />In fact, I think it is more likely if they keep the euro and default on debt.pakmanhttps://www.blogger.com/profile/12594314166399890483noreply@blogger.comtag:blogger.com,1999:blog-6155812.post-406527793680343992012-02-20T19:10:36.797+08:002012-02-20T19:10:36.797+08:00Hi Pakman,
If you speculation are on the correct t...Hi Pakman,<br />If you speculation are on the correct time path, how long will the down turn last?<br />If we base on the scale of Leathman Brother, shall we multiply this by 3~5 times??<br />Would like to hear your thought?<br />LNLAWhttps://www.blogger.com/profile/10185762298671419758noreply@blogger.comtag:blogger.com,1999:blog-6155812.post-16831042313451294622012-02-20T13:19:21.418+08:002012-02-20T13:19:21.418+08:00well, why can't greece honor the old debt, whi...well, why can't greece honor the old debt, while issuing a new currency for any new payment? i.e. a dual currency system for the transition.<br /><br /><a href="http://sun-bin.blogspot.com/2011/11/solution-for-greece-dual-currency-by.html" rel="nofollow">希臘的出路</a>Sun Binhttps://www.blogger.com/profile/08093210384069958083noreply@blogger.com