Any piece that quotes the French President with: “We cannot continue to cope with the autism of some bankers who do not understand that the priority is not fighting inflation, which is nonexistent, but fighting for more growth,” deserves your attention, even if it is in Forbes. Should we pay attention? Probably not. Still, I quite like the idea that the “Latin” bloc and the “German” bloc (which apparently includes Luxembourg) are on at odds over fiscal discipline. That and the myth of prudent Swiss bankers is pretty sure to get you a laugh or two at parties. But, given that “62% of Germans support reinstating the deutsche mark as the country’s currency,” maybe we should pay attention.
Then again… one need only think about this a bit and the foibles of German sentiment become clear. To wit:
The Demise of the Euro [Forbes]
The Euro Under Attack [Market Movers]
The German bloc needs to silence these whiny dovish Latin countries… some kind of Final Solution, if you will.
More proof the end is near:
http://news.yahoo.com/s/ap/20080410/ap_en_ot/people_ashlee_simpson
Please don’t let them breed! Then again, with all that air, perhaps the LA smog will be cleared?
autism?
Those people have fans???
The Forbes article is actually dated 11 days into the future! Fucking awesome!
Here is a link to the Black Swan article making the rounds this afternoon.
The FED in SF has posted comments on the implications of TAF failure.
http://www.frbsf.org/publications/economics/papers/2008/wp08-04bk.pdf
thx stupid equity guy. interesting article. But not so surprising to those watching these markets more close-up.
i like how the hoff shoves his teenage fans off of him at the end of the video so that he can hit the last few notes of the song
it’s subtle, but it’s there