Shopping cart here has perhaps an overly simplistic view of the European financial landscape but does pose an interesting choice. I think matters are still relatively ratcheted down for a summer of tourists skimping on the souvenirs and a bit of muted enthusiasm for travel in general. I do think, however, there are some dangerous undercurrents that ripple and bellow in the belated season, like some strange mirage or fata morgana come too late. There are swirling simooms of dissonance that might prove to pull the eurozone asunder with their contradictory forces. Rather than structural weakness in underlying markets or an experiment disproven but rather because on the one hand, investors, seeking shelter, are inflating a bubble of Germany’s relatively robust economy, while simultaneously, supporting the isolation, quarantine of broader institutions by encouraging locally-funded initiatives.
Ripe for chaos, Germany as an anchor of the eurozone’s single currency fronts quite a bit of appeal, industry more sustainable than the husks of manu-facturing or market nervousness elsewhere, but that too could be oversold. Meanwhile, in order to contain potential losses should the euro be splintered into the Mark, franc, lira and peso again, activity is quietly being limited to sources in-country and involvement across borders, save berthing extra money for safe-keeping, which really benefits no one in the long term and damages the good-turn done for regional entrepreneurs and business at the same time. For example, an Italian multi-national corporation is shoring profits in Germany (perhaps buying up debt and real estate) and elsewhere while directing its affiliates in France to only solicit from French partners, as if the denomination was imminent I hope that this familiar tug-of-war does not escalate further.
Wednesday, 15 August 2012
forever blowing bubbles
WWII week: plongeur
Part of the fascination with World War II in the European theatre is the sheer inexhaustibility of the subject, the depth of material for reflection, portrayal and reissue plus the varied aspects of that horrendous and frightening time—replete with tangents, like into the occult, and technical achievements carried forward by the fight.
Tuesday, 14 August 2012
welkende under glass
Lilies are quite the retiring and undressing of flowers, coming undone once no longer fresh and tend to go in pieces when they begin to wilt. We had a bright bouquet for a few days—which all of a sudden was disarmed. A bloom intact fell from the vase into a wine glass, dusting the inside with pollen. I thought it made an interesting, accidental still life subject.