[SOC] Euro crisis explaned

[Quikhooligan]

Michael Coslo wrote:
> On Dec 11, 2011, at 11:12 AM, Radio K0HB wrote:
> 
>> I thought we settled it a couple of weeks ago.
>>
>> Political jeremiads do not belong on the SOC reflector.
> 
> 
> 
> And here I thought it was economic discussion.
> 
> It's a sad, sad day when we can't make fun of economists and bean counters...... 8^(
> 
> - 73 de Mike N3LI -

I also thought it was an interesting economic discussion. It showed the
need for cash flow in a society. And also the benefit of being able to
loan money for a period of time.  The end result was that all debts were
able to be paid.

But I couldn't understand how it related to the Euro crisis. I thought
the Euro crisis was about some countries being bankrupt and not being
able to pay the full amount of their debts.

I also couldn't understand how it might have made fun of economists and
bean counters either.

But then, I'm only Second Class.

But I did learn about the word jeremiad and how it relates to 75 meters
in the evenings.

You know, this SOC email reflector isn't so bad. It's actually
educational at times.  Thank Cod.