First down, then miles high again, but ultimately settling above 6.8% at the close on Friday. My prediction was correct – Draghi’s vague comments weren’t credible, still aren’t, and the Bundesbank is digging in its heels. More Euro fun / disaster.
When you simply absolutely do not want to hold Euros, when anything else is more palatable, when you just can’t take the risk of an entire system crumbling and want to be able to sleep at night, pay someone to hold onto your Danish Krone.
I’m not saying this alone justifies etolling, but it does suggest that long commutes and congestion are bad for health and therefore bad for our country. Leveraging the etolling system in a more sophisticated manner to mange congestion might have additional hidden benefits over time.
Some are hearing fat ladies singing about the end of inflation targeting. SA usually eventually follows these fashions. COSATU won’t be unhappy.
No time to blog, not much time for Greece and the Euro. The slow months-long withdrawal of money from Greek banks has increased and is getting close to critical mass.
Website hack results in Bitcoin theft. So much for security.
The Greeks are in danger of descending into a disorderly default next month. I’m not surprised. As I’ve mentioned before, the Euro is not working for them, the ECB is not supporting them (they may not be able to according to their mandate) and the Germans are too busy patting themselves on their self-serving backs […]
It turns out training changes even adult brains. London cabbies brains showed marked changes before and after training, as evidenced by MRI scans. As we learn and study and train, certain neural pathways are changed and brain volume can grow in particular areas. (detailed paper here) This shows two things to me: Education is important […]