Friday 21 October 2011
prioritรคt or listening-tax
catagories: ⚖️, ๐ถ, ๐ฅธ, networking and blogging
viennese waltz or ballroom blitz
catagories: economic policy, Europe, philosophy
Thursday 20 October 2011
true colours or womp rat
People are upset at the sight of their futures eroding without being afforded the same protections as the perpetrators, and that that this diverse group camped out at Wall Street would join in says a lot, considering all the exaggerated heights that public defendors claim that we have to fall.
catagories: labour, revolution, Star Wars
gedenkend or franklin mint
catagories: antiques, technology and innovation
Wednesday 19 October 2011
aesthete
Tuesday 18 October 2011
ms havisham, i presume
I hope that the idea of appealing to one nation’s vanities, beggaring one’s rivals and problem-children, does not catch on. Pinky and the Brain of Warner Brothers' Animaniacs tried those stunts already to try to raise capital for their plans of world domination, and it is strange to see reality reflect this appeal. I am afraid, once all the pretend hue and cry of the euro and EU settles and without Cablegate, the United States, place-holder for world-dominance, might try such things while ignoring the management of its downfall. In general, superlatives are not the most auspicious things, but just as the best that the EU hoped for from Greece was a orderly bankruptcy, the US ought to acknowledge its standing and make contingency plans, as no amount of pandering diplomacy could make up the difference.
catagories: foreign policy
Monday 17 October 2011
omicron, omega
Did you know that the Greek letters omicron and omega just mean little-o, big-o respectively? Euro notes and coins bear both Latin and Greek script, which I believe is a piquing reminder of the mutual glossing that may have been behind the monetary union. Since the Maastricht Treaty, no one wanted to exclude any established members of the old or new Europe, regardless of the maturity of their economies and markets, and I do not believe that Greece and other nations unilaterally covered-up their fiscal health and talked their way into membership.
I am sure that to a large extent, against warnings of economists and analysts that saw at the time weaknesses, hyperbole and litotes, that such obstacles were overlooked towards the formation of a more perfect union, and not a German or a French hegemony or a north, south schism. It parallels the lesson unlearned with the economic collapse fuelled by the housing bubble, which with exuberance oversold the properties market to all and sundry on the hopes that value would keep increasing. I have great hopes for the euro and the ideas behind it still--including the absolute solvency of each country’s financial systems without respect for outside shaming and subjective ratings, should it not lead to overarching micro-management of each country’s affairs or usher in conservative governments that undo the social and equitable fabric of its constituents, but I do think that one aspect that this vision elided over was that of competition and customers. Within a bloc of currency, it is hard for one country, maintaining its standard of living and government support, to compete with another, more advanced in manufacturing. It is that competitiveness that will lead to recovery and growth, and not an outsider's idea of discipline or scope of government responsibility. The average shopper, I do not think, would forgo price or quality (or his or her own sense of protectionism) to seek out Greek, Spanish, Italian or Portuguese goods to fan their solidarity. The money-changers (nummularium) did a brisk business across borders, as well, and within Europe, we are our own best trading-partners.
catagories: ๐ช๐บ, ๐ฌ๐ท, economic policy, language