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Thoughts from the Frontline Archive, May 2011

A Random Walk Through the Minefield
  • May 28, 2011

A Random Walk Through the Minefield

All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome.”

– George Orwell

“ Hindsight is not only clearer than perception-in-the-moment but also unfair to those who actually lived through the moment.”

– Edwin S. Shneidman, Autopsy Of A Suicidal Mind

Brinkmanship is defined as the practice of pushing dangerous events to...

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All for One Euro and One Euro for All?
  • May 20, 2011

All for One Euro and One Euro for All?

I have been doing a lot of reading this week, and today we look at some of the thoughts that keep coming to my mind. We’ll think about the declining importance of economic theory (which is a tragedy) and then cast our eyes to Europe, where a truely tragicomic drama is being performed. Who needs the movies when you have the EU? There is a lot to talk about.

But first, some of my thinking has been deeply colored by some recent Conversations I have had with Neil Howe,...

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Kicking the Can to the End of the Road
  • May 14, 2011

Kicking the Can to the End of the Road

The Biggest Bubble of Them All

This week we turn from the crisis brewing in the US to the one that is coming to a slow boil in Europe. We visit our old friends Greece and Ireland and ponder how this will end. It is all well and good to kick the can down the road, but what happens when you come to the end of the road? The European answer seems to be to haul in the heavy equipment and extend the road.

I am asked all the time what my biggest worry is, and I quickly answer, the...

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Muddle Through, or Crisis?
  • May 7, 2011

Muddle Through, or Crisis?

This week I finish the two-part letter on the Endgame and give you my thoughts on the economy and how it all plays out over the next five years. This is the second part of a speech I gave last week at the Strategic Investment Conference in La Jolla. It is a rather bold forecast, and fraught with peril and likely errors, but that is my job here. Damn the torpedoes, etc. I must offer one large caveat! If the facts change so will my forecast, but this is the view into my very cloudy...

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