Comments by Dante-X

There are some discrepancies in your calculation.

1.Compound interest of 3.5% on 110 bill if postponed for 10 years is 45 bill and not 55.

2. However, only Greeks have postponed repayment to EZ for 10 years, it is unlikely that the EZ repayment on their loan would be delayed for 10 years, you said: “...(EZ) to borrow these 110 billion euros at market conditions (that is, WITH interests) in order to pass them on to the Greeks...”; market conditions means annual repayment would start immediately a thus the interest would be reduced to 22.3 bill.

Hollande’s claim of socialism means absolutely nothing for the French economy.

The economies function between mixtures of two extremes models a free market/private ownership and a centrally planned/public ownership. These economic models are administered by various political systems ranging from monarchy to communism that have a plethora of deceiving principles.

A naive would readily suggest that Chinese communists must have higher share on the country’s economic activity and higher debt than the US neocons. Well, China’s government share of GDP is 23% and debt 18% and the US necocons’ is 41% and debt 93%. Who is deceiving whom? In US every fiscal conservative government for the past 30 years created huge deficits – means spending exceeded revenue.

In view of the above the claim of certain group being a socialist and the other a libertarian is only a campaign gimmick and nothing else. I am amazed how some posters are preoccupied with analysing and expecting something significant will change for the public in France.

Sikko6, you are Chechen and they are usually not atheist but big M!

Spam^2, Sikko6 when do you sleep?

"So many islamophobic francos here!"

.....
...and you are francophobic islamist - no doubt.

Emmafinney (alias Cramerboy and banned Sherryblack) wrote:”It was not only Truman ending the war decisively but what he did after the war ended that is truly remarkable.”

……………
Who could do such a thing to smear the US a-bomb humanitarian objectives?

I agree with those that argued that the post war aid was American economic imperialism, and that it was an attempt to gain control over Western Europe just as the Soviets controlled Eastern Europe. The economic recoveries of France, Italy, and Belgium predated the flow of U.S. aid.

By mid-1948 industrial production in Poland, Hungary, Bulgaria, and Czechoslovakia had recovered to a level somewhat above pre-war level – while rejecting US help.

Birtnick;

You do not provide even a faintest hint of being a Europhile, how can you say of being one.

I said on numerous occasions that I am against political union and its institution commission or parliament and especially any centrally run federation. But I am for economic and monetary union – a non-political entity. Politicians’ constant interference and bending economic laws are the single most problematic shortcoming of the EU. Who likes politics, likes centrally run union.

Having said that I am not against a single currency concept, it makes a great sense for the huge volume of multilateral trade in Europe to have a single currency. In addition Euro provides economic strength for Europe especially on the contemporary global trade stage. Unfortunately, there appears to be incompetence in running the single currency.

Euro is not responsible for the present debt problems; it is a worldwide problem of excess credit supply at low prices for the past years. The US, Britain or Japan have no Euro but they have the same if not more serious debt problems.

The very principle of the crony capitalist system, that you adore, is to create the best conditions for the top echelon and neglect the bottom...your Germany’s success bashing is contrary to this principle.

In my main post I said “miserable rainy island”, I wish to delete “miserable”, sorry if I offended some...I am a big Manchester United fan and it was inappropriate for me to say that.

“They can print infinite amounts of greenbacks and pounds and repay any amount of debts!”

…..
It never occurred to you that the printing devalues Pound and Dollar and the debt repayment in foreign currencies proportionally increases. When Euro/Pound reaches 1.00 from 0.81 the debt commitment in Euro will increase by 23%.

Boris, you should know that the currency does not determine the price but the cost of production does. France’s largest exports market is European Union, thus “mighty german euro” has only positive impact.
Do not get me wrong, I like Argentina. Actually, I have an apartment in Lima and usually visiting Buenos Aires as well during the North Pole winters.

Birtdick,
We know your agenda...you want to see Euro gone because at 0.81 Euro/Pound you are essentially locked on your miserable rainy island and cannot afford to buy a ticket to mainland.

You are too much preoccupied with the France while you should really worry about your Pound decline because there is no light at the end of the tunnel with 400+% of GDP foreign debt for the Brits paper (pushing) economy. Scots will join the EZ soon...a suggestion, lethal injection is less traumatic than the rope.

You have provided fetched figures because PPP is subjective and still trying to suggest a lie that $17516 = $35156.

What is wrong with vineyard or farming or tourism? You have nothing else to pick on. Correct me if I am wrong but you have revised your doomsday for the Euro 435 times.
Euro/US$ 1.31 interbank and Euro/Pound 0.81 – how Brits going to pay their huge foreign debt (400% of GDP), that is the question.

Sikko6 suggested: “France is already Europe's Argentina.” and “France’s economy is already communist”

...........
You do not have to reveal all your hallucinations...France’s per capita GDP is $44117 and Argentina’s $8226. Do you know what the GDP is, I can explain.

Another thing, after China’s conversion communism is only a political system compared to parliamentary or presidential system of administering but the economy is a combination of two extremes systems free market/private ownerships or centrally planned/state ownership.

I agonise at your unjustified ranting of Marie’s bellowed country, but I am still your friend and supporter.

You wrote: “Your comment is just pathetic...your argument is poor...stop trying to explain...your argument is just cliché...pretend to observe...you are just suffering from a disease...I know my country better...etc”

..........
...this is not a rebuttal but a primitive rant that did not change my opinion one bit and I will repeat that in your medieval culture you stone pregnant women on judge’s order and this is repugnant and foreign to Europeans.

“They (Iranians) are naively nice!”
Are you referring to “naively nice” Iranians to those criminals that stormed the US embassy and cowardly imprisoned the innocent staff for many months – gravely violating the basic international law of civilise relations?

Even 10 year old boy would know that we are talking about the present generation and not the guillotine time. There is no capital punishment in France but the culture that you so admire can legally stone a pregnant woman – every Friday on a town square.

You are going too far back this has no meaning for 21st century...generation’s span is very short.

Kalabagh: “Marine Le Pen should declare that any French person who is not blonde and blue eyed is not a pure French person and that their ancestor has probably fornicated with the wrong side, n'est pas?”

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Not really, only Muslim fundamentalists. We do not want another bloody Balkans in beautiful country like France. Suicide bombing and wife stoning is not French culture but inherent part of Islam. Only prudent policies could prevent this.

Why a hell is deciding whom do you want in your living room racist? Why is protection of your culture and your own way of life racist? Does Africa want Whites or Saudi Arabia Christians or does Castro district (San Francisco) want heterosexuals? Of course, the hypocrites on these blogs would suggest that the one way immigration to Europe will somehow improve quality of life.

The 18% is only support for Le Pen and does not represent position on immigration – think about silent majority.

“Many of these 6.3m (NF) would abstain or even vote for Mr Hollande rather than vote for a man they regard as having betrayed their trust.”
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This is a far-fetched suggestion. National Front existence is striving on their disdain for the leftists. What would they achieve from abstaining; only helping the far left forces and they know that.

One has to remember that the communist’s main target is to lure to their ranks not the far right but precisely the socialists; consequently there is some animosity within the lefties block. For communists jumping automatically into the socialist’s bed is not clear cut.

The intricacies between the election and the run off are different. Sarkozy is not yet defeated.

Canine society usually vote for the communists...I knew that you are far lefty in heart.