First the news: Hawaii is so big that you can spend the whole day going on a road trip and do half the island. Then the confusion: watch this senseless video.
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Posted on General | 6:25 pm
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This is the year in which Europe will either fall apart or emerged stronger. I give it 75% that it emerges as a stronger union but the risk of collapse is still there. Germany has the key to solve the problem because of the size of its economy, its saving rate and its export volume. Germany has to decide on whether it continues to transfer some of its wealth in order to create markets for its exports or it let’s Europe fall apart and ends up with an overvalued currency and deteriorated markets. Already today it started paying negative interest rates which is a prelude in my view to a huge rise in the DM should it be born again. Tough choice. I think Germany can actually both save Europe and make money by buying underpriced Italian and Spanish bonds and selling them after stabilization. It can do what the FED did with many financial institutions, make a profit by providing much needed liquidity at a critical time.
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Posted by Michael Gross - July 27, 2009 4:16 am - #
Congratultions! Wish you both many years of wedded bliss!
I loved Hawaii. Love being married too! In Philly Pa.
What was that great internet radio site that your fav songs are on. I love your taste in sounds, as well as your insights and blogs. So So true.
Posted by Wessel - August 6, 2009 8:07 pm - #
My Nokia N96 has the option to read out SMS.