Deflation

It's a topic which lurks at the edges of today's discourse of financial doom. It seems to be what happens when the inflation of asset values ends; an implosion of value and economic activity. The nemesis to the hubris of the central banks, perhaps.

As I often do, I am speaking intuitively, reading between the lines of the voluminous and contradictory economic opinions out there. I don't know what its role will be, but intuition says that in the unfolding saga of the post-2008 global economy, deflation will have its moment.

"Greece is the new Cuba"

TI found a friend blogging Guardian articles about Greece being a new model for social change, and this phrase came to me. I immediately googled to see if it was already out there. There was precisely one hit, a Twitter user, @loalvaro. I couldn't find the individual tweet in question, but a search within Twitter revealed another inventor for the phrase, @LiaCeli... So here's my claim to at third place.

sent from my Huawei