{"id":1431,"date":"2011-11-03T00:00:36","date_gmt":"2011-11-03T06:00:36","guid":{"rendered":"http:\/\/augerhandle.net\/blogs\/jumpingfish\/?p=1431"},"modified":"2011-11-03T00:01:59","modified_gmt":"2011-11-03T06:01:59","slug":"three-on-greece","status":"publish","type":"post","link":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/2011\/11\/03\/three-on-greece\/","title":{"rendered":"Three on Greece"},"content":{"rendered":"<p>So what&#8217;s with Greece? Three data points that are refreshingly free of smoke.<\/p>\n<p>1. Kevin Drum has a <a href=\"http:\/\/motherjones.com\/kevin-drum\/2011\/11\/conversation-about-greece\">conversation on Greece<\/a> and explains how this is not about fixing things but rather a struggle between Greece and its creditors over the huge loses from a train wreck that&#8217;s inevitably coming.<\/p>\n<p>2.Yves Smith&#8217;s interprets Papandreou&#8217;s recent call for a popular referendum on the &#8220;rescue plan&#8221; that the creditors thought was a done deal is a way to stick it to them, and how <a href=\"http:\/\/www.nakedcapitalism.com\/2011\/11\/greece-the-debtor-that-roared.html\">the trap is about to snap shut<\/a>.<\/p>\n<p>3. Barry Ritholtz summarizes the argument that <a href=\"http:\/\/www.ritholtz.com\/blog\/2011\/11\/will-greece-pull-an-iceland\/\">Greece should pull an Iceland<\/a>, in which they guarantee bank deposits but let the creditors get the soaking their reckless greed deserves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>So what&#8217;s with Greece? Three data points that are refreshingly free of smoke. 1. Kevin Drum has a conversation on Greece and explains how this is not about fixing things but rather a struggle between Greece and its creditors over the huge loses from a train wreck that&#8217;s inevitably coming. 2.Yves Smith&#8217;s interprets Papandreou&#8217;s recent [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[38,22],"_links":{"self":[{"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/posts\/1431"}],"collection":[{"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/comments?post=1431"}],"version-history":[{"count":5,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/posts\/1431\/revisions"}],"predecessor-version":[{"id":1436,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/posts\/1431\/revisions\/1436"}],"wp:attachment":[{"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/media?parent=1431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/categories?post=1431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/augerhandle.net\/blogs\/jumpingfish\/wp-json\/wp\/v2\/tags?post=1431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}