EFTA01731689.pdf

From: Jeffrey Epstein <[email protected]> Sent: Monday, June 29, 2015 7:46 PM To: Noam Chomsky Subject: Re: Re: I m happy to take as much time as you like, with regard fi=ance words like incur,. one needs to follow =he money. .let assume that half the money was legitimately borrowed?=C2 does that change your mind.,? lets assume 5 percent. =A0 any closer. who is the borrower. , what is a borrower=? what is the security for the loan, if you have a joint account and=Valeria borrows are you responsible.? for half. all? =AO can leaders borrow from the imf, if they do, who incurred the debt? , =AO it is all accounting as i have been saying, =AO , if Germany lends interest payments alone so there is no default= , is the loan good? words like "default.&quo=; also have very specific meanings. . not the popular version,=C2 . the more exciting default today is puerto rico.? another fin=ncial morass. no law on the books to deal with it.. =AO can't even declare bankruptcy as there are no laws for territ=ries On=Mon, Jun 29, 2015 at 3:35 PM, Noam Chomsky I'd like to talk =o him about it. Looks quite different to me. Israel has been t=king huge risks since the 1970s, more as the years continue.=/span> On Greece, we're =alking past each other. I agree that the payoff to the northern bank= goes through the IMF. My point is quite different. The debt i= "odious," and need not be repaid by the people of Greece, who didn't incur i=, and have already suffered bitterly so that northern banks can profit. =AO Right now the Troika pretty clearly intends to humiliate Syriza to ensu=e that no one in Europe gets funny ideas about democracy and decides to challenge the rules laid down by the masters.<=u> From: Jeffrey =. (mailto:[email protected] <mailto:[email protected]> I Sent: Sunday, June 28, 2015 10:44 PM To: Noam Chomsky Subject: Re: barak is great at geo=olitics. . he said that zionism was a answer to si=ting and waitng in the shetl for something to happen, . taking=no risk, . . he said that it was the current mentality not to take risks. . and a wake up call ala soccer or calamity would be ne=ded. . I smile when i read y=ur financial analysis of the greek issue and guess you do the same when yo= read my language synopsis. Of course =he money goes to the french and german banks. . it needs to be accounted for by EFTA_R1_00004868 EFTA01731689 going through the IMF. . the answer in the pa=t would have been inflation, but unemployment on a global scale has =losed that avenue, . zero interest rates are dangerous for the futur=, as the yearly interest is so low, principle =A0 additions are virtuallly free. when the interest rates returns=to anywhere near historical averages. the percentage of GDP , will b= huge that will be needed for past debt. . this is currently only a=mediteraen game of chicken. not nice for the people in the country, but greece really has no tax collections system , and a la=ge part of the economy is black. a very large part . so no aus=erity or tax regime will have much real effect. so you can sl=ep easy. • On Sun, Jun 28, 2015 at 10:28 PM, Noam Chomsky «= href=' target=" : According to economists w=o have been trying to investigate the details, about 90% of the payments to Greece actually go to the German and French banks who made risky invest=ents and want to be paid off. So in effect Greeks are paying the nor=hern banks for debts that the people never incurred. These should, l=think, be considered "odious debts," and radically restructured or cancelled. </=> Interested to hear about =arak. Wouldn't have expected it. </=> From: jeffrey =. (mailto:[email protected] <mailto:[email protected]> Sent: Sunday, June 28, 2015 5:43 AM To: Noam Chomsky Subject: I thought this chart =as a great example of what i have been telling you. // right pocket=to left pocket. . the accounting for it is even stranger. . as=it is an interest payment , they record income. ? if the interest rate is high, you would call=it predatory lending. if it was low you would call it a bail out. =A0 all silly. 2 . the Chomsky questions? .. 3. Ehud agrees with a great deal of your views . dis=grees with some observations of yours. has great respect for you.=/u> please no=e The information contained in this communication is confidential, may be attorney-client privileged, may 2 EFTA_R1_00004869 EFTA01731690  constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please =ote The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to [email protected] <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved 3 EFTA_R1_00004870 EFTA01731691