July 24, 2015
Newsweek: Why Europe Is Drowning Beneath a Tidal Wave of Debt
Arguably, then, Greece is not drowning in debt. It has already drowned. It may seem fanciful to suggest that other countries could be in danger of a similar fate, but equally, it is probably dangerous to assume that Greece is unique: a spectacle we can observe from a safe distance with a mixture of voyeurism and horror.
I would never attempt to observe the spectacle in Greece from a safe distance with a mixture of voyeurism and horror! Never!
That said, I am generally risk averse, my favorite movie of all time is Alien, and I like to watch. Okay, who brought the popcorn? ;)
Ripley: Ash, that transmission... Mother's deciphered part of it. It doesn't look like an S.O.S.
Ash: What is it, then?
Ripley: Well, I... it looks like a warning. I'm gonna go out after them.
Ash: What's the point? I mean by the, the time it takes to get there, you'll... they'll know if it's a warning or not, yes?
Shame on me! Bad Mark! Bad! Bad!
Q2 GDP Tracking: Solid Early Look
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From Goldman:
We lowered our *Q2 GDP tracking estimate by 0.1pp to +3.3% (qoq ar)* and
our domestic final sales estimate by the same amount to +2.7% (qoq ...
1 hour ago
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