Jay, I just wrote a long post, went to get a link, then returned to paste it and for some reason my post has ceased to exist.
Anyway, here's the link: Message 17380220
Like the fish that got away, of course my post was great; fun, brilliantly percipient, well-written, persuasive and unimpressed by Nokia's Aztec approach to communications.
I am going to sulk and not bother trying to rewrite it - mostly it was a repeat, but I did add my second-favourite slogan "Things are never so bad that they can't get worse".
While I think of it, those who think shares should carry a risk premium should reflect on those holding Argentina's currency rather than shares because the shares didn't have enough risk premium.
They might reflect on the Yen. Is it possible for the Yen to go kaboom? How about the US$? Those can go the Argentinian way too. Neither of them have any visible means of support once alternative means of transactions and stores of value are developed and people get frightened that "In God We Trust" hasn't worked for a lot of people around the world, even if backed up with live sacrifice of virgin girls by Aztecian superstitious maniacs.
The point of the link was as part of a discussion of human proximity to our Cro Magnon antecedents who lived by power, dominance hierarchies, kleptocracy, baubles of power and other low-level brain activities. A gold Nokia GSM phone is part of that world.
Mq
PS: My favourite slogan is "Don't let a slogan do your thinking for you". |