[Info-vax] HP stopping VMS paper documentation ?

[Richard B. Gilbert]

On 11/29/2011 11:59 PM, AEF wrote:
> On Nov 29, 2:50 pm, hel... at astro.multiCLOTHESvax.de (Phillip Helbig---
> undress to reply) wrote:
>> In article
>> <ba98c0d7-425e-42bd-a1dd-d2be9d3ef... at q9g2000yqe.googlegroups.com>, AEF
>>
>> <spamsink2... at yahoo.com>  writes:
>>> _Some_ troubles? How about bankrupting member countries and wreaking
>>> havoc with markets around the world? Riots in Greece? Yep, troubles
>>> all right.
>>
>> Whatever one thinks of the current problems, or of the Euro, the Euro is
>> hardly the cause of the problems, rather it is being affected by the
>> problems in Greece and elsewhere.  Most of this is probably
>> psychological, though (as are most of the ups and downs of various
>> markets), considering that the population, GNP, whatever of Greece is
>> just a small fraction of the Eurozone.
>
> Being on the Euro makes it impossible for a country to use monetary
> policy to fix things. And one country's problems makes things worse
> for others, resulting in domino spiraling. The Euro makes a bad
> problem much worse. If countries had stayed with their own currencies,
> we wouldn't have a Euro crisis. Etc.
>

"Monetary Policy" is a poor tool, one too often used instead of 
rectifying the underlying problem(s).  I'm afraid the the U.S. is going 
to learn the hard way!

Add the willingness of the politicians, and their constituents to borrow
endlessly instead of living within their means. . . .