1. Contra @mattyglesias, Syriza's "irresponsible rhetoric about Nazis" served a function: to place debt crisis in historical framework
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8. Apocryphal statement attributed to Calvin Coolidge ("They hired the money, didn't they?”) is now actual argument made by EU.
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9. Big picture: an economic system relying on limited liability corporations & bankruptcy laws shouldn't bled a nation dry to get back loans
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@heerjeet Also, ahistorical: 2015's capitalism, consumer economies DEPEND ON limited liability for shareholders, bankruptcy vs debtor prison -
@heerjeet The limited liability corporation is one of economics' genius inventions. Bankruptcy, a humanitarian savior. - Show replies
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@DavidKaib@HeerJeet Has to be driven home esp. in US, where culture celebrates people like "Neutron Jack" Welch for firing people. -
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