@radx

The liquidity/insolvency line is just a fancy way of asking for more money than is being provided. As I said, I expect once structural reform is fully implemented, the ECB (tacitly instructed by Germany et al) will take a much more active role in buying the debt of these countries but it's not at that stage yet. The problem is they've been slow to sell off assets, reform government and reduce public employment to levels demanded.

Again what you propose is easing that eliminates the pressure to reform, which is the intent of the troika/Germany as I see it. I just don't see any of those things happening. As I mentioned before, Greece's debt has largely stopped rising and GDP has been edging upwards since 2010 and is now positive:

http://www.tradingeconomics.com/greece/government-budget-value
http://www.tradingeconomics.com/greece/gdp-growth

As far as running surpluses, I would argue if everyone was nearly as zealous as Germany, then the deficit/surplus gap between countries would narrow - which would be the best outcome globally. As you'd probably know Germany's attitude towards fiscal stability and inflation is fairly hawkish given its history with hyperinflation. But it has clearly served them well when their bond yields didn't spike during the euro crisis because of a shortage of funds.

I wouldn't characterise it as beggar thy neighbour, that's generally reserved for active measures to prevent trade from other countries (such as through tariffs or subsidies). Instead Germany from what I've read, has carved out a competitive niche for itself with it's Mittelstand. I don't know Germany history particularly here, but I assume it led to companies in industries like retail which can't compete globally reducing or being bought out.

I would compare it to what happened here in Australia with the car industry when government support for it vanished. In our case at least, the only reason the industry existed for the past couple of decades is because of that support and it should never have been propped up by the government in the first place. I don't see that really being any different to typewriters being replaced by computerisation, whale oil being replaced by fossil fuels or US manufacturing going to China (and now leaving to other areas of Asia).

Coming back to trade surpluses, for similar reasons to Germany, most Asian countries also run large trade surpluses because of their history with capital flight in the Asian financial crisis of 97. This is despite many of them developmentally being far behind Greece let alone Germany or France. There has been no Asian crisis this time around and investment into these countries (like Malaysia, the Phillippines, Vietnam and China) has hardly been low over the past 10 years.

I'm not a huge fan of QE as a policy either. Part of the problem is central banks like the ECB weren't designed with the intent of using QE, merely adjusting interest rates, let alone any direct purchases of bonds. I was a big fan of what they did here in Australia where they just gave a one off wad of money to everyone who is earning an income. We ended up avoiding a recession entirely, although our economy was doing quite well at the time.

In effect that's more fiscal policy and I can imagine it being difficult to implement in the EU across countries in an even way. Merkel is certainly too hawkish overall. Policy along those lines, unbiased investment via the EIB or let alone just implementing QE earlier (like the US did) would have helped everyone.

Might I suggest this?
'Malaysian tin mine land slide'
it was just insane!

http://videosift.com/video/Malaysia-Landslide

After spending a few weeks in Malaysia, I came to significantly appreciate the bent metal pipe in the few sit down toilets I got to use which points directly at el bunghole, with a tap to the side of the toilet. Turn that bad boy on and let soothing water wash away the burning chilli and curry from your screaming portal to the realm of Nurgle the poo, followed by a brief pat dry with just 2 squares of paper (not a lot of double ply over there, with a double or triple ply you could easily get the job done with 1).

You don't even need a proper bidet, I reckon a small metal pipe, some hose, couple of pipe clamps and you too could be riding the soothing rush of water cleansing your nether regions.

ps. The "portion cutting mechanism" really needs that *shrink shrink shrink* noise from a slasher movie, that motherfucker is going to town...

It's not fringe when a good chunk of muslims around the world (not just the middle east) have extremist points of view:


Muslims in most countries surveyed say that a wife should always obey her husband." (including 93% in Indonesia and 65% in Turkey).

Only 32% of Muslims in Indonesia say a woman should have the right to divorce her husband (22% in Egypt, 26% in Pakistan and 60% in Russia)

1 in 3 Muslims in Austria say it is not possible to be a European and a Muslim. 22% oppose democracy

21% of Muslim-Americans say there is a fair to great amount of support for Islamic extremism in their community.

61% of British Muslims want homosexuality punished

Turkish Ministry of Education: 1 in 4 Turks Support Honor Killings

WZB Berlin Social Science Center: 65% of Muslims in Europe say Sharia is more important than the law of the country they live in.

Pew Research (2013): 81% of South Asian Muslims and 57% of Egyptians suport amputating limbs for theft.

Pew Research (2013): 72% of Indonesians want Sharia to be law of the land

Pew Research (2010): 82% of Egyptian Muslims favor stoning adulterers
70% of Jordanian Muslims favor stoning adulterers
42% of Indonesian Muslims favor stoning adulterers
82% of Pakistanis favor stoning adulterers
56% of Nigerian Muslims favor stoning adulterers

MacDonald Laurier Institute: 62% of Muslims want Sharia in Canada (15% say make it mandatory)

Pew Research (2013): 39% of Muslims in Malaysia say suicide bombings "justified" in defense of Islam (only 58% say 'never').

Pew Research (2013): 76% of South Asian Muslims and 56% of Egyptians advocate killing anyone who leaves the Islamic religion.

Pew Research (2010): 84% of Egyptian Muslims support the death penalty for leaving Islam
86% of Jordanian Muslims support the death penalty for leaving Islam
30% of Indonesian Muslims support the death penalty for leaving Islam
76% of Pakistanis support death the penalty for leaving Islam
51% of Nigerian Muslims support the death penalty for leaving Islam

Pew Global: 68% of Palestinian Muslims say suicide attacks against civilians in defense of Islam are justified.
43% of Nigerian Muslims say suicide attacks against civilians in defense of Islam are justified.
38% of Lebanese Muslims say suicide attacks against civilians in defense of Islam are justified.
15% of Egyptian Muslims say suicide attacks against civilians in defense of Islam are justified.
13% of Indonesian Muslims say suicide attacks against civilians in defense of Islam are justified.
12% of Jordanian Muslims say suicide attacks against civilians in defense of Islam are justified.
7% of Muslim Israelis say suicide attacks against civilians in defense of Islam are justified.


CLEARLY, what we need is more Islam in the world. Such a force for good...

It is a few years since I was in Hong Kong, but I don't remember any of those dishes then!

What they did have though, which was really good, is iced lemon tea... not pre-mixed though, you get tea with lemon and ice. It's great

Other south east Asian countries are quite different too... McDonalds in Malaysia is all Helal, so no bacon in anything.

Preservation managed:

...are you really so deluded that you think everyone is as stupid as you evidently...hiatus...RIGHT.

Integrity...again...RIGHT...I have enumerated but a few of your lies and your misdeeds plainly, publically, and repeatedly but not answered by you.

For your convenience, again, here:
http://videosift.com/video/Malaysia-Airlines-MH370-missing-flight-Preacher-predicted-p

And neither can you or will you. YOU DARE NOT...CANNOT...but impotently deny and deflect. You have made much many times at others not answering point after point. Why not me.

You have not taken me up on or put to me to prove them as I have given you opportunity to repeatedly...why not? I know why...as do you. I have only spoken in verifiable facts. Your actions...facts about you and your actions. And...they are all available to everyone here as they were to me. I reiterate, derivable from your own actions and words here.

And privacy...respect...you deserve the same as you have given and give to others on this site or rather have not.

@chingalera...preserving the stream here....

You have been told the truth by so many here I'm not going to waste my time...I do not suffer fools...and you, "little...thing" are....

Pathelogical, habitual, both, more...it matters little to none to me...you are a liar. Everything you say can be refuted with your own trail of dribbled filth here and elsewhere. Delude yourself as you will or cannot help but I can and will lay it out for all to see if you really want it so. For dag, if you wish, lucky as well, for everyone. Is that what you want? If so, so be it. You might want to read my admonition. Here it is, http://videosift.com/video/Malaysia-Airlines-MH370-missing-flight-Preacher-predicted-p. You really should. I have alot more...many more.

The sad thing is, though the facts maybe be unknown to some or all but the totality of them as shines on you is not a surprise to anyone acquainted with you here, and deep down you know that. Poor little thing,...seeking stimulus to tried to momentarily forget the anguish. But, it doesn't work does it? That is why you keep it up.

You don't need to climb to 45 000 feet to depressurize a cabin. Both pilots had no history of "zealotry" or instability. Anwar Ibrahim is more-or-less a progressive in Malaysia, he wants an independent judiciary, calls anti-gay laws "archaic", and supports Israel/Palestine peace -- hardly Taliban material.

We're not even sure it's a hijacking at this point.

So... Malaysia Airlines 370 was made up by religious zealots to control their weak-minded, uneducated brethren like in the bible.

Good to know. I was worried there was real people involved.

This video has been nominated as a duplicate of this video by eric3579. If this nomination is seconded with *isdupe, the video will be killed and its votes transferred to the original.

oops *dupeof=http://videosift.com/video/Malaysia-Landslide

Unfortunately a *dupeof= http://videosift.com/video/Malaysia-Landslide

Reminded me of this....
http://videosift.com/video/Malaysia-tin-mine-flood
YIKES!!!

Where the hell are otters in Australia? Or can we now drive through zoos? I hope we can!

(I make this judgement based on accent and right hand drive)

Edit: Malaysia... Thank you Lonely Planet guide book for ruining my dreams.

Your video, Lewis Hamilton's wrong pit stop in Malaysia F1, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.