ya ya shrinking the three sisters state makes for another coherent
motivation-action system behind
this yellow flag , four feathers act here in the advanced hemi
but why does that look like turtles all the way down to me
why isn't that job one or two all the time
a crisis is the optimal time to shrink heads ??
misery squared is better then misery mitigated ??
i'm not getting it
i understand the fixed eexchange concerns of the forex arbitrage
isn't the euro crisis really about that
why not engineer a readjustment in relative national price levels
by reversing the euro motion
go back to currency ratios re issue marks and drachma etc etc
let em run a mannaged float .blah blah blah
presto then once the new ratios look sustainable
re issue the euro
obviously the nordic/med tilt works too well arbitrage wise
from the decisive MNC players over there
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okay okay fiscal policy could bust the ECB control of the intra zone price level to price level slurry
rapid nominal wage deflation in the med sub zone is out
and rapid nominal wage inflation in the nordic zone is out
so you go slow stag nominal wages everywhere in the zone both sub zones
and allow the MNCs to sort this out at a deliberated pace
so the protraction is a misery to the many
can't be helped
its a queation of system survival
well not survival
more like keeping a reasonable prosperity within easy reach ...at the top