discobolus

"Boomerang, toomerang, zoomerang!" as Lady Elaine would say.  I think a puppet theater would make much better talking heads than the usual fare.  Greece has been courting a lot of attention lately, as if it's been neglected and ignored and acting-out is settling for some kind of notice.  I think politicians and economists are missing some important fundamentals: Greece is not broke or broken--rather the Greek government is, and though it has done a pretty shabby job as a euro custodian, there is still wealth and value there.  Sovereign default is not anything new--Dubai just did so a few scant months ago and it's forgotten and no one is shedding a tear over them; Argentina and Russia did during the last decade and Asia before that.  Consequences were there but without a currency bolstered by a big bloc.  What I think should be more center-ring is the revolt of the Greek people and Germany's begrudging lend-lease policy.