Tag Archive for Narrative

Germany and France can’t afford euro-zone bailout – Outside the Box – MarketWatch

SYDNEY (MarketWatch) — The standard narrative states that Germany does not want to bail out troubled peripheral nations within the euro zone. The reality is that the more highly rated and larger euro zone members, Germany and France, may not have the necessary financial resources for the task. German Gross Domestic Product is euro 2.5…

Mr. Parasite Goes To Washington

We all know the story. An energetic, successful person from industry sets off to use his skills as a reform minded public servant. Voters’ imaginations are captured by the opportunity to have someone of proven ability transform government, forge better policy and make it more effective at spending our resources. Now we know the sadistically…