tag:blogger.com,1999:blog-816559531110064247.post6542851789917108623..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: Greece: How both sides are right AND wrongCam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-816559531110064247.post-19146736708456684762015-07-08T11:07:03.008-07:002015-07-08T11:07:03.008-07:00The clue to the problem is your unit labour costs ...The clue to the problem is your unit labour costs chart.<br /><br />Germany has been forcing down their own unit labour costs since 2004. As long as that goes on, they make the entire rest of the EZ unproductive.<br /><br />Anyway, ignore all statements about "rules" and "economics" and just concentrate on the political pragmatics. Nobody in the EU gives a crap about rules and economics, they've proven it time and time again: just watch what they're actually doing, and ask yourself why.I Will Never Accept The Terms of Servicehttps://www.blogger.com/profile/09422355923256894207noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-62763874571182084712015-07-08T05:39:32.543-07:002015-07-08T05:39:32.543-07:00As usual, you are the best aggregator, far better ...As usual, you are the best aggregator, far better than that mess that Yves posted recently for the sake of keeping up.<br /><br />I suppose you must turn now to the gathering storm in China, where you are unique.walthttps://www.blogger.com/profile/04200933333326322875noreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-85096398571864338172015-07-08T05:16:40.088-07:002015-07-08T05:16:40.088-07:00Greece's gov't is fifty percent of their g...Greece's gov't is fifty percent of their gdp. It can take over ten months to get the permits to start a business in Greece, where it can be done in a few days or two weeks at most in many free countries. <br /><br />I just outlined the problem. Until they get those things fixed, they are always going to be a basket case no matter whether they undergo austerity or dump new loans on them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-46258223586399626142015-07-08T04:33:52.932-07:002015-07-08T04:33:52.932-07:00What you think about GREK resilience - I saw your ...What you think about GREK resilience - I saw your etf analysis, but can it be somehow, that grece equities is so cheap ( saw Shiller comments some months ago that Greece anbd Russia is most cheapest markets), that there is approximately priced Grexit risk, even with greece banks wipeout? Anonymousnoreply@blogger.com