It's no secret that the Germans are negative to further financial support of the weak euro countries. Germany's current strategy is inaction to the calls of introducing Eurobonds or Germany to leave the Euro. What they dread is the other option - that a weak country would leave the euro and its implications on... Germany.
Thomas Herndon, the UMass Amherst PHD student who discovered an Excel coding flaw in the famous paper "Growth in a Time of Debt" by economists Kenneth Rogoff and Carmen Reinhart, which had claimed that when a country's debt surpasses 90% of GDP, then growth slows precipitously, was the man of the week.
EU commissioner Olli Rehn and influential US Republican politician Paul Ryan have both quoted a 90% debt-to-GDP limit to support their austerity strategies.
The theory of the one trillion dollar platinum coin has been around a few years. But recently Krugman decided to take a stance pro-coin. http://krugman.blogs.nytimes.com/2013/01/07/be-ready-to-mint-that-coin/
Should President Obama be willing to print a $1 trillion platinum coin if Republicans try to force America into default? Yes, absolutely,” Krugman wrote. “He will, after all, be faced with a choice between two alternatives: one that’s silly but benign, the other that’s equally silly but both vile and disastrous.
# First make sure the system is up to date.
sudo apt-get update
# A quick and dirty way of setting up a lot of dependencies:
apt-get install phpmyadmin mysql-server
# note your IP address above, and go to http://xxx.xxx.xxx.xxx/ should be 127.0.0.1 if localhost on your laptop for instance!
# It works!
if problem with phpmyadmin, ie http://localhost/phpmyadmin error: