Generational Dynamics Forum - New Site

Well, it sounds like European leaders have this thing all worked out except for a couple of small items. Italy and Spain need to balance their budgets but nobody knows how and the voters in Italy and Spain may insist on a say in the matter. Europe will not print Euros to solve the problem like Ben B...

If the haircut is "voluntary," then there's no "credit event," so CDS payments cannot be collected. Which brings us back to the original question, why not just decline to volunteer and collect the payment from Greece until they default and then collect the insurance from the Credit-Debt-Swap after ...

It would be in return for receiving AAA bonds guaranteed by the EU, valued at 40% of the Greek bonds. The AAA bonds would be long-term - 20 or 30 years. - John I am showing my ignorance of how the Credit-Debt-Swap insurance works, but it appears they would do better by letting Greece default and co...

European leaders are discussing Bond Holders volunteering to take a haircut of up to 60% One of the newspaper articles claimed the benefit of this "voluntary haircut" was that the Bond Holders would forgo making claims against their Credit-Debt-Swap insurance as part of volunteering to take a 60% hi...

It will be interesting to see how the proposed abandonment of Iraq by Obama turns out. It has not happened yet, and may yet be modified by events over the next month or two. But if the plan laid out by Obama is the one implemented it will indeed shake things up in Iraq and possibly Iran. Turkey,Saud...

Leaders of Europe outside of Greece appear to believe they have two choices: 1. Let the leaders, and the people, of Greece negotiate the terms of their own default with their own creditors, or, 2. The leaders of Europe outside of Greece can force the people of Greece and the creditors of Greece to a...

If China did start a war, why would they pick Taiwan and why would they not seek to expand into other territories like South East Asia or Oil Rich Central Asia ??? China needs natural resources and land and women. Taiwan would only help with the later. Unless of course China believed they would actu...

The time frame seems very short for a people that are known for patience and taking the long view. I would suggest that if Obama is re-elected, Obama will continue to dismantle both the United States strategic military capabilities and the United States conventional military capabilities. Chinese de...

One of the advantages of a weak world wide economy is the surplus of oil and other industrial commodities in the world. If the United States was initiating a limited war against Iran at a time of the United States' choosing, then world wide oil supplies for months in the future could be contracted f...

The risk to the United States of asymmetric warfare has been used repeatedly as a justification for not punishing Iran for acts of war against the United States. It has reached the point where Iran believes they can do what ever they want without serious repercussions. This analysis totally ignores ...