Watching and learning
I admit it. I'm addicted to financial news these days, partially because for the first time in forever, thanks to having so many great quality souces of information, it feels like I understand what's happening.
I check the TED spread daily. Here's why. Despite all the efforts of the past week, it isn't getting any better. In fact, it's getting worse. Not good.
Here's a good article from this Sunday's Washington Post about what the world may need to do to fix things. This weekend's meeting of the finance heads of the major countries in the world is really important. It will be fascinating to see what they decide on, and whether it works or not.
Lingering in the back of my mind though is this nagging thought: I really hope all of this remains only fascinating. It could get terrifying pretty quickly.
I check the TED spread daily. Here's why. Despite all the efforts of the past week, it isn't getting any better. In fact, it's getting worse. Not good.
Here's a good article from this Sunday's Washington Post about what the world may need to do to fix things. This weekend's meeting of the finance heads of the major countries in the world is really important. It will be fascinating to see what they decide on, and whether it works or not.
Lingering in the back of my mind though is this nagging thought: I really hope all of this remains only fascinating. It could get terrifying pretty quickly.


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