Greece warns bailout rebels of unknown, dangerous path
via @reuters
"(Reuters) - Greek leaders told a growing band of rebellious lawmakers on Saturday to back a deeply unpopular EU/IMF rescue in parliament or send the nation down "an unknown, dangerous path" to default, international economic isolation and a deeply devalued drachma."
"With voters deeply hostile to the bailout's tough conditions, former socialist Prime Minister George Papandreou admitted that backing austerity had cost him the premiership and even some of his friends, but the alternative was a collapse in living standards and further "unforeseeable consequences."
.. "unforeseeable consequences" ..
"I've lost friends, my family suffered, I gave up my office, I was insulted, vilified, like no other politician ever was in this country," he told PASOK's parliamentary group."
.. tender and human .. Papandreou's perspective ..
"Still, all that is nothing compared with what our people will suffer if we fail to do the right thing... Despite all the anger we are feeling inside, we must persevere."
.. the anger we are feeling inside .. anger, filled with in, the affective response ..
"Let's just ask ourselves what it would mean for the country to lose its banking system, to be cut off from imports of raw materials, pharmaceuticals, fuel, basic foodstuffs and technology," he said."
"The consequences of disorderly default would be incalculable for the country - not just for the economy ... it will lead us onto an unknown, dangerous path," Deputy Finance Minister Filippos Sachinidis said."
incalculable .. "unforeseeable consequences" .. anger .. affect ..
the enormity of such an event .. it is clearly given in the following extract from the book ... The Black Swan, The Impact of the Highly Improbable by Nassim Nicholas Taleb, page 195 .. under chapter title, Predictions, Mispredictions and Hapiness
"You are about to commit a prediction error that you have already made. Yet it would cost so little to introspect!
Psychologists have studied this kind of misprediction with respect to both pleasant and unpleasant events. We overestimate the effects of both kinds of future events on our lives. We seem to be in a psychological predicament that makes us do so. This predicament is called "anticipated utility" by Danny Kahneman and "affective forecasting" by Dan Gilbert.
no one is exempted from that description .. neither Sachinidis .. neither Papandreou .. nor Samaras .. nor Kapsokolis .. nor Kolopeteinitsas .. not even Mr Taleb .. the very man quoted .. despite his genius ..
The point is not so much that we tend to mispredict our future happiness, but rather that we do not learn recursively from past experiences. We have evidence of a mental block and distortions in the way we fail to learn from our past errors in projecting the future of our affective states."
mental block .. by deeply engrossed in what we think .. due to the very process of thinking itself .. fractal .. in .. mental spaces within ..mental spaces .. our thoughts developed in fractal cocoons of almost impenetrable barriers .. it takes an effort to pass through these barriers .. bifurcate into the adjacent compartments .. no matter how close in real space .. they might be ..
"We grossly overestimate the length of the effect of misfortune on our lives. You think that the loss of your misfortune or current position will be devastating, but you are probably wrong. More likely, you will adapt to anything, as you probably did after past misfortunes. You may feel a sting, but it will not be as bad as you expect."
as if .. in the long history of greece .. were there not countless times .. greeks have found themselves .. in worse situations ..and yet they did manage to pull through .. as their continous presence upon this corner of earth ..bears witness ..
"The uncertainty has upset world financial markets, with stocks snapping a five-day winning streak on Friday and the euro tumbling."
the uncertainty .. is pack and parcel ..of human existence .. it would never go way .. it will always be around .. and a very big thank for that .. our very existence and the world we live in .. owes its presence upon it .. let alone the ephemeral .. world financial markets .. and stocks ..
"In the same letter, the government promises to speed up implementation of reforms in the labor, product and services markets, cut spending, and push through a privatization plan."
..a privatization plan .. cut and tailored .. strictly .. along the lines .. to liquidate prime sectors of Greece .. the spoils to be divided ..among the conquerors .. international lenders .. with the lion's share ..going towards ..IMF and ECB ..
the prime cuts ..carcasses in theirs hands .. will quench their greed .. for a short time .. the prime cuts ..vibrant bodies ..in the hands of Greeks .. getting rid off the local vultures that menaced them for years .. will feed the greeks for eons .. and they might turn some gains for .. international lenders .. though not necessarily the case ..
emergence .. seeking out the next states .. and within them, the evolution of the greek state .. the world itself ..
In John Holland's book of emergence page 122 .. describes what are the prerequisites for emergence .. for evolution itself ..
"Beyond these generalities, one recurring theme is essential to emergence: in each case there is a procedure for freely generating possibilities, coupled to a set of constraints that limit those possibilities."
.. freely generating possibilities .. coupled to a set of constraints .. will lead to the emergence of the greeks and greek state ..
but alas .. whereas the generating of possibilities remain intact .. however the constraints it is coupled with .. are the constraints imposed by the lenders .. and not by the greeks themselves .. constraints that demand to do as they want .. and not as what greeks .. would want them to be ..
what kind of greek state would that be .. would there be any place for them within it ..
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