Worldwide panic, repeat performance. This time, the trigger was fear of Greece's sovereign default. Germany built up the suspense fraying the nerves of money managers world over. The buffalo herd is stampeding and falling off the cliff, the indians are waiting below to slaughter them. This, too, shall pass.
2 comments:
The recovery over the past year is fake and has no stable foundation. It may pass, but only by using measures that wil bring forward a 1929-style crash. I still think in the even longer run the principles by which western economies currently operate will be made redundant by the increasingly rapid pace of automation. Economists won't touch this hot potato.
Dont worry. Was it Murphy who said that work expands to fill available budget? People is needed, if not, how can bosses be bosses? They have to boss over somebody.
Post a Comment