. . . the problem is we don’t know which and in what order . . . . A close friend, far richer and better-informed than I (not difficult) sent me some completely speculative global economic notes, which he admits depend upon force majeure and all that. See how many you agree with. I personally [...]
Tag Archives: Europe
Fiscal scriscal, fiddle-dee dee, Europe's suddenly OK with me
November 21, 2008 – 6:17 pm
Before spreadsheets enabled geeks to assume they could manipulate the economic weather, we knew that if we spent too much, we’d run out of money. If we ran out of things to sell or do in return for more money, we’d be in trouble. If we borrowed money at unrealistic interest rates, we’d be in [...]