[lbo-talk] Prepare for riots in euro collapse, Foreign Office warns

[Carrol Cox]

I wish Joanna could see how "Capitalists are bad" sneaks into so many o f
her posts, and how that moral rage, even when only a flavor, distorts
perception. The point is to build a movement against capitalism, not to win
rhetorical victories over capitalists.

Carrol

-----Original Message-----
From: lbo-talk-bounces at lbo-talk.org [mailto:lbo-talk-bounces at lbo-talk.org]
On Behalf Of Doug Henwood
Sent: Wednesday, November 30, 2011 6:07 AM
To: lbo-talk at lbo-talk.org
Subject: Re: [lbo-talk] Prepare for riots in euro collapse, Foreign Office
warns

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
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