Thoughts From the Frontline, January 2013
January 25, 2013
I wrote some time ago that Greece had a choice between Disaster A: staying in the euro; and Disaster B: leaving the euro. I have recently come back from four days in Greece, meeting with lots of people at all levels of society, and will share with you in this letter my analysis of their choices and the results. I’ll also have a few things to say about what the developments in Greece might mean for the rest of Europe and the developed world.
I penned these words in January of 2010:...
January 14, 2013
“There are decades when nothing happens and there are weeks when decades happen.” – Vladimir Ilyich Lenin
"People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them." – Jean Monnet
"If something cannot go on forever, it will stop." –Herbert Stein
As we begin a new year, we again indulge ourselves in the annual (if somewhat futile) rite of forecasting the year ahead. This year I want to look out a little further than just one...