Bloomberg’s Matthew Lynn thinks Greece should call the International Monetary Fund’s “Ghostbusters” to exorcise its demons and get its economy back on track.
Bloomberg’s Matthew Lynn thinks Greece should call the International Monetary Fund’s "Ghostbusters" to exorcise its demons and get its economy back on track. He writes: "’Who you gonna call?’ wasn’t just a catchphrase in the 1984 film "Ghostbusters." If the worst happens in Greece, Spain or Portugal, we’re going to hear it all over again, and Europe’s taxpayers will want to know the answer. The European Union? The European Central Bank? Or the International Monetary Fund? Senior officials, including ECB President Jean-Claude Trichet, have suggested it would be a humiliation for a euro- area country to call on the IMF for a rescue package to prevent a sovereign-debt default. European problems must have European solutions, they insist. That’s where they are wrong. This is no moment for pride. If emergency funding has to be organized, it should be the IMF that takes the lead. It has the expertise, it can absorb all the flak, and the ‘no bailout’ rule would remain one of the fundamental principles of the region’s common currency."
New research links urban planning and political polarization.
- Canadian researchers find that excessive reliance on cars changes political views.
- Decades of car-centric urban planning normalized unsustainable lifestyles.
- People who prefer personal comfort elect politicians who represent such views.
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.
- Why can't we have a human-sized cat tree?
- What would happen if you got a spoonful of a neutron star?
- Why do we insist on dividing our wonderfully complex selves into boring little boxes
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