mercredi 5 octobre 2011
lundi 3 octobre 2011
Roland Berger project Eureca and Greece
For those who only read french papers and think that we are the "parangons" of thinking in Europe... German work in the real world and we continue to agitate unprobable concepts like the DOA Eurobonds...
http://www.rolandberger.com/media/pdf/Roland_Berger_EURECA_project_20110927.pdf
•This paper outlines actions to solve the Greek debt crisis and protect the integrity of the euro
•It is designed to achieve the following goals:
In the short term
Reduce Greek debt from 145% to 88% of GDP in one step, without debt restructuring
Allow Greece to regain investment grade rating (A or A+) in the short term
Reduce interest burden by reducing CDS spreads from currently over 20% to less than 5% virtually overnight
Reduce ECB exposure to Greek sovereign debt to zero
Ensure maximum risk containment and risk reduction for the European taxpayer
Credibly repel speculation against both the euro and the peripheral euro member countries
In the medium and long term
Prevent the value destruction that would be triggered by a "fire sale" privatization
Support structural reform with a view to long-term growth in Greece
Kick-start the Greek economy and revive growth and job creation
Enable Greece to begin taking steps that will ultimately reduce its debt to significantly below 60% of GDP by 2025
I have never read any more rational proposal.
Ralph Steinman et la cellule dendritique: une découverte majeure
La cellule dendritique est au centre du processus immun.
"Steinman's research points to dendritic cells as critical sentinels of
the immune system controlling many of their early responses from immune
silencing (tolerance) to resistance (immunity)."
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