GREEK ECONOMICS, to be continued :

Juncker vents fury over Greek bailout talks at G7 summit ...

www.theguardian.com › World › G8

The Guardian

10 hours ago - Irate European commission president accuses Greek PM of undermining ... I don't want to see it” – but that he could not “pull a rabbit out of a hat”. ... But withGreece running out of money and needing to secure funds by the end ... German counterpart Wolfgang Schäuble to “support Greece” only to be told:  ...

GREEK ECONOMICS, to be continued :

Despite  the use of advanced 

economics and Game Theory

the news and views from Greece are not enhanced 

and  continue to be dreary.

German Minister Juncker says  that

he cannot "pull  a rabbit out of  hat"

though the Greeks  seem to be expecting 

such prestidigitation,

or sleight of hand ,

to be performed by by him 

at their command 

 to save their nation--

the chances are slim.

But does all this economic crud

just boil down to Elmer Fudd

trying to kill that wascally wabbit,

i.e. 

Greece's overspending habit?

NO, says another Nobel economic pundit:

WE JUST HAVE TO FIND A WAY TO FUND IT,

the wreckage of a Grexit could go in many directions,

 as with Lehman Brothers, because of unknown interconnections. 

I wish I could tell you who's right

and who's  wrong,

but I can't possibly.

 I'm just here tonight 

to sing another verse in the song

and we'll just have to see 

as we go along...

eventually.

HZL

6/8/15

Soften your stance on Greece, Nobel laureate warns EU ...

www.bdlive.co.za/.../soften-your-stance-on-greece-nobel-la...

Business Day

May 28, 2015 - ZAGREB — The European Union (EU) should admit the mistake it made by imposing austerity on Greece and soften its stance or bear the ...