Will Europe’s PIGS Learn to Fly?
As concerns over Greece’s debt crisis continue to mount, along with the rest of the PIGS that face similar threats, European leaders are discussing possible courses of action that would stabilize the situation and minimize the risks of contagion and moral hazard. Without a deliberate and detailed plan, the risks are only heightened. Nouriel Roubini and Arnab Das describe their plan in the following RGE analysis, Will Europe’s PIGS Learn to Fly?, which is available to RGE clients.
2 Responses to “Will Europe’s PIGS Learn to Fly?”
blindman • February 12th, 2010 at 9:26 am
first.3000 pages is heavy reading. availability is alsounresolved. i’ll start with “lenin in zurich”. interesting..and then “..pigs learn to fly.” what does “fly” mean?export risk and exploitation of labor? or magically importexploitation without suffering domestic political backlash, revolution , hangings and all that. i am obviously noclient. on its face i say pigs don’t fly and it is not a matterof learning. pigs should have learned early on that flight isnot something they should study in an attempt to learn the artfor themselves. they, pigs, are of a different design and shouldlearn to embrace their nature rather than blindly study thenature of another design in envy and denial..and it will be a boon for the “innocent” bystander at a safedistance when the pigs that attempt flight come crashing downand become so much cheap bacon..( i have no idea if this is relevant to the contents of thisunavailable analysis but i like the extension of the metaphor.).but this looks….appears…..”..Behind the appearance of a universe of objects and forces, Reality functions as a cohesive, interrelated Singularity. Material in this First Angle illustrates that Oneness of all that exists, and your place at the center of the ongoing flow of events and relationships which is your personal experience, your life. “.intriguing..http://nehrer.net/one.htm.act. i thought that i was.. acting. now. when else if not now..fractional reserve debt trap expanded, exported. hits the wall /circles back and is imported along with its full message / meaning..pigs don’t fly and will never, regardless of their “learning”,have it in their nature, their structure or design that necessaryfor the function of flight. bacon, yes! flight, no!nor, as a corollary, can you get bacon from a swan. but there areseasonings and etc…..sometimes one must embrace their inner fool. self.”life is for the living” she said, and walked out the door..then it was quiet and i could think..he he….
my self • February 12th, 2010 at 11:24 am
and..it has come to this. responding to my own post.really just an additional quote from source above,and …appropriate…here it is. i will reread itlater i guess. and pigs fly in their dreams, i’m sureof it..”Now, beyond linguistic effects, the traditional understanding of being human is of the total physical self, identifying with “being” a primate, advanced, more intelligent than other animals, but structured not unlike various apes. You see other people, see yourself in a mirror, and presume yourself to be a living biological specimen like them. You’ve seen others die and disappear from the scene, so the image of the physical self seems temporal and defined. Traditional religions may add on undetectable dimensions like a “soul” or spirit aspect; your view of your self may include those aspects.These glimpses of your essence are standard self-perceptions of our time. Never really taught, you picked them up from general cultural knowledge, perhaps learned some from a religion or biology course.But this perceived self is an appearance created by definitions. In reality, words aside, your arm and your leg are a part of you, not something owned by you. There is a major difference in reality between “being” and “possessing” — the latter has a boundary between the possessor and possessed object. There is no boundary between you and your arm. Your arm is an aspect of you, a part of the whole.But, looking at other aspects of your being, there is no boundary between you and your feelings. These, though less tangible, are no less real, no less vital to you. Likewise, no boundary lies between you and your creativity, your memories, your curiosity. These are aspects of you, as is your capacity to love, to imagine. These ideas are pretty easily acceptable, but let’s go a step farther: Your accomplishments are an aspect of you, a reflection of your nature. Are not then your house and your car aspects of your self, in that they reflect your very nature of abundance, your taste, your interests? And your friends — are not they part of your greater, total Self? If you were different, your friends would not be the same people, as those relationships depend on your nature.Your environment, the hills, the plains, the air you breathe, the path you walk, are not each and every one of these an image of some aspect of your Self, the whole of what you are?Language and traditional ideas create boundaries where there are none. You are not an isolated being of some physical dimension, inhabiting a world of distant objects which you may or not possess. You are the total essence of your life. What you are, the true and profound nature of your Self, is seen in each and every aspect of you, however distant, however seemingly removed from “you”. Coming to perceive that clearly, growing in awareness of the oneness of you with all you encounter — this is the ultimate purpose of pondering the nature of life, the ultimate essence of Self Awareness and an essential aspect of Clear Awareness.Clearly aware of the Essence of Reality, when you look out into the world, you see only your Self. “.comment: ain’t that the truth and becoming more obviouswith each passing day. we’re working varying levels here.no?













