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I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. - Albert Einstein
I think Einstein may have gotten this one wrong (at least so far). World War III is apparently being fought with monetary printing presses, high frequency trading algorithms, and not much else. Go figure.
Panzer
Two Panzer IIIs during the Battle of Greece, April 1941.
September 10, 2012
Why Germany doesn’t want to kick Greece out of the euro
Of all the dilemmas facing Europe’s leaders, what to do about Greece could prove the most vexing. After two rounds of bailouts, Greece is still struggling to get its deficits under control. So the rest of Europe can either give Greece more time (and money) to solve its debt woes — or eject the country from the euro altogether, with all the chaos that might bring.
See Also:
File:Bundesarchiv Bild 146-1994-009-17, Griechenland, gefangener Neuseeländer.jpg
Source Data:
St. Louis Fed: Custom Chart
2 comments:
Updated Einstein comment:
I know not with what weapons World War III will be fought, but World War IV will be fought with tally sticks and yap stones.
Mr Slippery,
Sticks and stones may "brake" my "tones" but "wards" will never "hold" me.
Well, in theory anyway. ;)
As seen in the seemingly never-ending stream of ugly charts on this blog, apparently I aim to keep misbehaving.
They'll swing back to the belief that debt and trade deficits can make people... better. And I do not hold to that. So no more runnin'. I aim to misbehave.
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