On Nov 29, 2011, at 11:27 PM, 123hop at comcast.net wrote:
> 1. Because you can shift your export maket elsewhere?
Capitalists don't think that way. They don't want substitutes - they want more more more.
> 2. Because so long as they keep paying interest, why would you care?
Because they can't keep paying interest in a deflationary depression.
> 3. Because at the end of it all you can buy the country for cheap?
What's to buy? That's part of Greece's problem. There's a phone company and the Parthenon, but are they worth taking down the entire region?
Doug