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<blockquote data-quote="John Roberts" data-source="post: 84455" data-attributes="member: 126">Re: Competition: fair/unfairbut does everybody pay for them? Because Per is one of them foreigners? That is powerful and well worn cliche. Unfortunately there is much truth&nbsp; there. The recent bank crisis in Cypress was unusual in that the losses were not &quot;socialized&quot; and absorbed by Euro-zone taxpayers, but instead the large uninsured depositors and unsecured debt-holders lost money. This was probably a quirk of Cypress and who many of those big depositors were (Russian), making it politically distasteful for the German chancellor facing election in a few months.&nbsp; (or not...&nbsp; what would I know about economics or politics? and no I do not think Europe is moving away from socialism, just having to deal with the reality of running out of other people&#039;s money.). Or get your own government grant and take over their gig.... How hard can it be to out smart low level government pukes?JR</blockquote>

[QUOTE="John Roberts, post: 84455, member: 126"] Re: Competition: fair/unfair but does everybody pay for them? Because Per is one of them foreigners? That is powerful and well worn cliche. Unfortunately there is much truth there. The recent bank crisis in Cypress was unusual in that the losses were not "socialized" and absorbed by Euro-zone taxpayers, but instead the large uninsured depositors and unsecured debt-holders lost money. This was probably a quirk of Cypress and who many of those big depositors were (Russian), making it politically distasteful for the German chancellor facing election in a few months. (or not... what would I know about economics or politics? and no I do not think Europe is moving away from socialism, just having to deal with the reality of running out of other people's money.). Or get your own government grant and take over their gig.... How hard can it be to out smart low level government pukes? JR [/QUOTE]

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