oritteropo AU

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Real Name: Aard Vark
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Comments to oritteropo

radx says...

That's what's left on the table, isn't it? I'd divide the exit option into orderly and disorderly, but the core of it remains the same.

Yet we have to keep in mind, Syriza was elected on a program diametrically opposed to the troika demands. And an EZ exit is equally far outside its mandate. Not to mention that a significant portion of Syriza is made up of former PASOK supporters, who would need a whole lot of convincing to vote for an EZ exit.

A referendum sounds decent enough, but they should have a strategy in place for the post-EZ time. Merely getting rid of the Euro won't get them out of the shit. In fact, I'd argue that a clear strategy is an absolute neccessity to even get a "favorable" outcome from any referendum. The public needs to have a clear picture of what awaits them behind any choice they might be presented with.

For starters, they should be perfectly clear about what it would take to get the Greek economy started again. Greece has very little to offer at this time, so every effort must be made to improve the domestic market. Plans for rebuilding its productive base should be worked out prior to any referendum. Industrial policy spanning at least 5-10 years would be needed.

Question is: can a non-EZ Greece muster up enough political capital to run the vast fiscal programs required to pull the economy out of the shitter? Or would they be stuck with a recessionary focus on balanced budgets, just like the rest of us?

In any case, within the constraints of a monetary union with neo-mercantilist Germany, Greece will not get the fiscal expansion it needs and will remain a shithole, just shy of a failed state.

oritteropo said:

Larry Elliot at the Gruaniad asks: Would leaving euro be more of a catastrophe for Greece than staying? http://gu.com/p/49xfv/stw

lucky760 says...

YouTube is definitely returning a duration of 236 seconds for all videos. Example: https://gdata.youtube.com/feeds/api/videos/UbyKywWvlCE?v=2 (search for yt:duration).

oritteropo said:

Hi @lucky760, did something to do with youtube lengths change around midday on Wednesday? I've noticed that a surprisingly large number of submissions since that time have been marked as length=3:56 by @siftbot, although their actual lengths vary. The only vids I saw since then with lengths other than 3:56 had been assigned a length by a human.

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