Is Greece truly on the brink of a renaissance, or are we witnessing a well-crafted illusion? Join us in exploring the multifaceted journey of 'Greece 2.0 and visit alphabravo.gr for more unique insights. #Analysis #Insights #Greece #Intelligence
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As Greece embarks on its journey of resurgence, the narrative of 'Greece 2.0' captivates the imagination, promising a renaissance of sorts. However, beneath the surface lies a tapestry of challenges that demand scrutiny. From economic intricacies like debt sustainability and infrastructure reforms to political landscapes marked by concerns over rule of law and press freedom, the path to Greece's revival is fraught with complexities. Is 'Greece 2.0' a transformative plan or just a "facelift"? It's a compelling read for anyone invested in understanding the dynamics shaping Greece's future.
Is Greece truly on the brink of a renaissance, or are we witnessing a well-crafted illusion? Join us in exploring the multifaceted journey of 'Greece 2.0 and visit alphabravo.gr for more unique insights. #Analysis #Insights #Greece #Intelligence
Greece 2.0: A Genuine Renaissance or Merely a Facade?
alphabravo.gr
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Scylla and Charybdis: Between Fear and Courage - By Dr. Steven L. Jones According to Greek mythology, Scylla (pronounced SIL-ah) and Charybdis (pronounced kah-RIB-dis) were monsters that inhabited opposite sides of a channel of water, sometimes imagined as the Strait of Messina separating Italy from Sicily. Scylla, a former lover of Poseidon, had been transformed into a hideous beast by the poisoned bath salts of Poseidon’s angry wife Amphitrite. Charybdis was a massive underwater beast, later rationalized as a whirlpool, that would drink in ocean water three times a day and spew it out again. Sailors had to choose how to navigate the hazard. If you sailed too close to Scylla, she would snatch six people from your ship, but the rest would survive. If you went too close to Charybdis, you risked your whole ship being sucked down and destroyed. “Caught between Scylla and Charybdis” was the ancient equivalent to our “stuck between a rock and a hard place.” The choice of Scylla versus Charybdis is a hard one. Do you knowingly cause the death of six crew members in order to save the rest? Or, do you risk all their lives in the hopes of saving all their lives? What is interesting is that when I pose this question to my students, they all immediately have the same reaction: Scylla…logically. It is more logical to lose six crew members than all of them. They stick with Scylla even when I clarify that they are choosing to intentionally and knowingly kill six people so the rest can live — noble sacrifice they say. The needs of the many outweigh the needs of the few. The light begins to dawn when one of them asks, “Do we get to pick who those six are, or does Scylla pick?” The prospect of being one of the six promotes a reevaluation of the situation. If you were one of the six designated as Scylla-bait, maybe the idea of attempting Charybdis doesn’t seem like too bad of an idea. Often this myth is discussed as an example of a no-win scenario in order to teach people that sometimes there is no right answer. But I believe this is the wrong way to read it. The choice between Scylla and Charybdis is not about the difficulty of certain choices. It is about the fact that in the midst of making difficult choices, every one of us would prefer to choose Scylla, but we should choose Charybdis. Charybdis requires courage to risk everything we hold dear. But it keeps our souls intact.
Webinar Summary – Why Not Default?: The Political Economy of Sovereign Debt
https://www.bu.edu/gdp
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[In the first instance of inflation]; Inflation is a necessary step brought forth from an increase cost of doing Business and population growth for business service cost attached to doing Business. Which in its course inflation compounds into an appreciation of those securities, as population growth increases with the GPD cash flow growth requirements. [That is process of doing business] A. requires an increase of that money supply. That in the process reducing the purchasing power the additional issuance may then lead to currency hyperflexion in currency supply bringing on the financial Hyper-inflation hitherto with extraction of taxation by government on the population with income receipts. To cover service costs for borrowing. [Therefore;] Without reduction in cost on supply of money distribution cost of fee charges of cost to borrow. Of which The interest rate is only one part. The other is delay time of delivery depreciation rate on currency transfer of funds. That then may cause secondary fee cost reduction on received value of currency in time delay factor depreciation cost of the transaction time delay rate coupled with lower velocity transfer of payment that has an impact on value of currency spending power. [Countries debt Divestments;] To Schrodinger registered Book of debt Derivatives divestment: $490Trillion of allotted regional allocation for global Eurodollar debt divestment. Thus, shrink certain registered debt divest from Global register of registered global debt credit and derivatives Now figure from the total in Global volume of ’X’ derivatives now debtclock figure of currency and credit derivatives now volume 633.3trl.
Debt Destroys Nations. Just ask the former Spanish, British or Dutch empires. Or ask the inter-war Germans. Ask the Yugoslavians of the 1990’s or ask a historian of Ancient Rome or a merchant in modern Argentina. The process begins slowly at first, and then all at once. https://lnkd.in/eSxrk-mD
Debt, Currency Debasement & War—The Timeless Pillars of Failure
https://goldswitzerland.com
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The European sovereign debt crisis posed a profound threat to the fabric of the European project, with consequences reaching far beyond the conventional economic realm. In particular, the Greek #debt crisis that began in 2009 has cast a long shadow over European integration. This resulted in the #media amplifying a story that starkly divided “virtuous and hard-working” northern European nations on the one side, and unreliable and “lazy” southern European debtors on the other side. New research explains how the crisis became a “morality tale” that sharply divided #EU member states. Southern European countries are viewed as a potential threat to a union otherwise comprised of “good”, “civilised” and “trained” northern European individuals.
How the Greek crisis became a morality tale
https://blogs.lse.ac.uk/europpblog
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Understanding the Greek Debt Crisis: Lessons and Resilience The Greek debt crisis, which unfolded over the last decade, stands as a stark reminder of the economic challenges countries can face. It was a turbulent time for Greece, but it's also a testament to resilience, international cooperation, and the importance of sound financial management. Ankit Kumar verma Sarthak Nautiyal #GreekDebtCrisis #FinancialResilience #EconomicLessons #investments #economics #Crisis #wealthmanagement #Investmentmanagement #bailout #financialmarkets #Finance #trending
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Project and Change Management. Warehouse management. Coordinator. International and global relations. Research. Analysis. MSc (Global Studies). Focus area Greece / Ελλάδα
From an exceptional case to a normal one Even though the credit rating can be said to be as political of nature as strictly economic, the recent upgrade to BBB- with a stable outlook by S&P Global Ratings has some actual real-life consequences for Greece in the time to come. Yiannis Mouzakis, who has been a level-headed beacon of observation and analysis during the financial crisis, gives an outline of the future prospects in this article from MacroPolis. Including some historical background on the records of both the SYRIZA and Nea Demoktatia governments. A highly recommendable read. #greece #grækenland #economy #politics
After Greece clambers back to investment grade, what lies ahead?
macropolis.gr
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Moody’s Wonders If China's Debt Troubles Echo Bubble-Era Japan
forbes.com
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There are several ways that Ukraine can work to finance much of the reconstruction effort. Read on our substack some of the options that are available to create a positive path forward for Ukraine. https://lnkd.in/g3d33xUm
Financing Reconstruction in Ukraine, Pt. 2
ukrainefbc.substack.com
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OSINT Manager: TS/SCI; National Security, Intelligence, Geopolitics, Global Assessments; Open-Source & Common Sense Advocate
A great visual of #debt to the #chinese #debt in foreign countries, something to consider in future assessments. #china #economics #geopolitics #influence #policies #government https://lnkd.in/gjG6m4sV
Ranked: The Top 20 Countries in Debt to China
https://www.visualcapitalist.com
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