News for hackers. Stuff that matters.
Re:So long, euro? by jbooth on Friday April 30, 2010 @11:00AM (#1308309)
Well then those quote "local economists" are idiots with no sense of history.

"Mildly socialist, corrupt and inefficient" is how any economist who has a brain, local or otherwise, would describe it.

"Stalinist" is for Sarah Palin, the Tea Party and other groups who are more concerned with "impact words" than actually understanding anything.

EDIT: Just to make it more clear how inaccurate and inflammatory that comparison is, Stalin by many estimates killed more people than Hitler. I'll repeat that. Stalin by many estimates killed more people than Hitler. Want to rethink the comparison maybe?

Re:So long, euro? by dpapathanasiou on Friday April 30, 2010 @11:25AM (#1308383)
I understand your point, but it's not my term (e.g., here's a recent citation in English http://www.guardian.co.uk/world/2010/mar/28/greece-bond-issu... and there are other articles in Greek using the same phrase).

Their references to that term allude to red tape on a large scale, centralized economic planning, indifferent and unmotivated labor, etc., not the death camps and killing.

(And that last phrase reminded me of this: http://bit.ly/bh96ml apropos of nothing).

Re:So long, euro? by jbooth on Friday April 30, 2010 @11:46AM (#1308470)
Yeah but even then, it's not "stalinist", it's "poorly executed social democracy". The government isn't running the farms or producing toilet paper, they just have more bureaucracy than in America, and less well executed than elsewhere in Europe.

PS funny skit