Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. While I do make mistakes, I try hard to do my analysis thoroughly, and to make sure my data are correct (old habits die hard!) Also, don't ask me why I called it "Volewica". It's too late, now.
BTW, clicking on most charts will produce the original-sized, i.e., bigger version.
Sunday, November 27, 2011
Method in her madness
Hamlet Act 2, scene 2, 193–206
[Quote via this site]
All along I (and most commentators) have been assuming that Angela Merkel's and the ECB's intransigence is because of a purblind stupidity. But what if, as The Age/Sydney Morning Herald journo Michael Pascoe plausibly argues, it's part of a plan.
Posted by Nikolaos at 11:02 AM