Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Inane? He's saying the same thing that we are, ie Greek wages must come down. The only difference is that he's arguing they should come down through depression->nominal wage cuts, while we argue Greek wages should be cut via devaluation of the currency.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Mon Feb 20th, 2012 at 12:49:27 PM EST
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