The entropy devil
Somebody had to say the obvious. Barack Obama is tying himself in knots. Andy Grove does in the Washington Post.March 11th, 2009 6:04 am
“Nobody there”
The Times Online quotes a senior British civil servant’s experience in dealing with the Obama administration.
...March 10th, 2009 4:59 pm
Stratfor on Obama’s diplomatic ‘reset’ buttons
Stratfor says that never has a incoming administration been talking to so many people. But it adds that what is important isn’t the the volume of talk, but what is being said. In that regard, it’s easier to figure out what foreign governments want than what BHO will agree to. Here’s what they want, in a nutshell. The question is what will Washington agree to give them. Some of the desires are mutually contradictory. Stratfor notes that Obama is mostly dealing with enemies. Only in Europe is it dealing with Allies. One would have thought that America could also see itself as dealing with Allies in the Middle East. What’s really interesting about Stratfor’s analysis is the degree to which the Obama administration may have let America’s rivals dictate the frame of reference of the problem. By seeing things in terms of how much to give the enemy, we minimize the shadow question: what do we want to happen?
...March 10th, 2009 3:03 pm
Notes from all Over, March 10 2009
March 9th, 2009 7:35 pm
Eve of Destruction 2
How much of the risk to the financial system came from well-regulated Europe? Not intentionally, but lurking within the hidden parts of the system, from interactions that nobody understood. Brad Setser from the Council of Foreign Relations describes a shadow financial system domiciled in London, a shadow system which posed hidden risks which are only now fully coming to light.
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March 9th, 2009 4:23 pm
The Eve of Destruction
Martin Wolf argues in The Financial Times, that something in the financial system failed over the last two decades.
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