Good news - real fall in inflation!

[TimberWolf]

They always bounce back. That's the economic cycle, boom, bust, boom... To say that this or that cured a problem is ignoring that fundamental principle of economics IMO, one of the few fundamentals of economics that is empirically proven.

[AtW]

There were plenty living in boxes under IMF austerity.

Last time I saw a guy living in a box was on Oxford Street, London.

[DodgyAgent]

The other thing to bear in mind is Argentina defaulted at a time when the world economy was booming. If Greece were to default messily it might cause a domino effect bringing the Eurozone to a collapse. i.e. Greece would be sitting there in a worldwide depression. It wouldn't necessarily bounce back like Argentina did.

A glimmer of hope that the man has some grasp of economics

[DodgyAgent]

Last time I saw a guy living in a box was on Oxford Street, London.

Was he Argentinian?

[sasguru]

Was he Argentinian?

probably Oirish.

[AtW]

Was he Argentinian?

He looked like an Agent.

[DodgyAgent]

He looked like an Agent.

An Agentinian?
How could you tell? was it his honest looks?

[shaunbhoy]

An Agentinian?
How could you tell? was it his honest looks?

Nah. It was the pronounced and sloping forehead, allied to the hairgel.

[DodgyAgent]

Nah. It was the pronounced and sloping forehead, allied to the hairgel.