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Posts tagged “economics

Pattern of behavior (2)


Having in mind certain circumstances one can and must understand some decisions such us the latest agreement on Greece. However, we should not neglect the pattern of behavior evidenced by the greeks.

I do not share the general view about the Grexit.

When a unit loses one of its parts, after the adaptation of such loss the degree of cohesion is greater than the original.

Furthermore, the Greeks need again to be able to devalue a currency, which it’s impossible while they remain within the euro.

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The only function of economic forecasting is to make astrology look respectable.
Erza Solomon (Psychology Today, March, 1984)