{"id":5535,"date":"2015-02-10T20:58:26","date_gmt":"2015-02-11T01:58:26","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5535"},"modified":"2015-02-10T20:58:26","modified_gmt":"2015-02-11T01:58:26","slug":"the-euros-exponential-decay","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5535","title":{"rendered":"The Euro\u2019s Exponential Decay"},"content":{"rendered":"<h3 class=\"posttitle\"><a class=\"entry-title\" title=\"The Euro\u2019s Exponential Decay\" href=\"http:\/\/www.theautomaticearth.com\/2015\/02\/the-euros-exponential-decay\/\" rel=\"bookmark\">The Euro\u2019s Exponential Decay<\/a><\/h3>\n<p>I don\u2019t know about you, but I\u2019m having a ball reading up on the preparations for the Wednesday\/Thursday talks between Greece and .. well, everybody else. German FinMin Sch\u00e4uble proudly declares that it\u2019s do what I tell you or you\u2019re finished, Greek FinMin Varoufakis says prepare for a clash. Greek advisors Lazard say a $100 billion debt reduction sounds reasonable, and some anonymous EU official says Lazard are incompetent and counterproductive (not smart, that).<\/p>\n<p>When will the Brussels luxury cubicles understand that the Greek people have voted down their approach fair and square? That they voted down the government that made deals with the Troika for the very and explicit reason that they made those deals in the first place, and that telling the newly elected government to stick by those deals regardless is a corruption of democracy? So far, all the EU has (anyone notice how silent the IMF has been?) is hubris, bluster and chest-thumping.<\/p>\n<p>They play politicians, but Syriza plays real life. Tsipras and Varoufakis stand up for real people, while Sch\u00e4uble and Dijsselbloem and their ilk stand up only for themselves. And then pretend, in front of their bathroom mirrors and the news cameras, that they protect their own people against the greedy Greeks. As for the 50%+ of young Greeks who have no future, or the countless elderly who go without basic health care, too bad and boo hoo hoo.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro\u2019s Exponential Decay I don\u2019t know about you, but I\u2019m having a ball reading up on the preparations for the Wednesday\/Thursday talks between Greece and .. well, everybody else. German FinMin Sch\u00e4uble proudly declares that it\u2019s do what I tell you or you\u2019re finished, Greek FinMin Varoufakis says prepare for a clash. Greek advisors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[95,2467,279,2246,284,359,1167,418],"class_list":["post-5535","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-brussels","tag-emu","tag-eu","tag-european-monetary-union","tag-european-union","tag-germany","tag-greece","tag-imf"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5535"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5535\/revisions"}],"predecessor-version":[{"id":5536,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5535\/revisions\/5536"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}