observations, guesses:
(i) looks like they are letting the greeks fall where they may
(ii) the weaker euro nations shall either muddle through by austerity, trim back on socialism, or fall down as the greeks are
(iii) the stronger euro nations are very wealthy in savings of many, still well supported by socialism for most, can last a while especially if cut back on defense and such, and trim back on socialism
(iv) the euro zone issues are simply variations on a set of simultaneous equations, but having more than one solution set, and there is time due to lack of derivative wmd
(v) then there be the fairly well educated folks w/ a sense of long history
(vi) even if most political leaders are clowns, there are strong and capable leaders talking sense out of some of the many sovereign nations.
the fate of euro zone is as yet undetermined, can go either way, but by choice still as not too late, and besides, no empire to sustain.
(vii) japan seem resigned to a future of robots and rock gardens and adult diapers
(viii) russia shall likely remain russia, after putin, more putins
(ix) india looks to be always india, as the congress party devolves into a cabal of thieves and nest of scoundrels
(x) forget south africa, and brazil does not have the global heft, and so ...
(xi) the future is between tribe china and team usa
at the moment the spin from western corporate media is that china is hard-landing or blowing up in mid-air, resorting to lying about its electricity generation and and and
even as folks are clearly swapping jobs for higher pay while general pay level is still inflating at 15-20% per annum, and aussie export stats says china demand for aussie minerals holding steady.
maybe the aussies are also lying.
sure, the speculative froth is gone, healthily so, even as real estate is steady after a minor hiccup
but all eyes watching a meaningless shanghai stock market for clues and chanos continue to spin a tale
let us watch n brief.
in the mean time jack is exploring
sweeping
loading
hang out with boy cousinz (3rd cousin once removed) - watching tv for the first time (scoobie doobie doo, in french)
and now must hang out w/ the girlz because his cousins left (he likes the laotian princess :0)
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