Friday, May 07, 2010

Grecian Burn

The monkey mind is bemused by the rat-tat-tat of events. As my portfolio melted down like a Himalayan glacier, I stared at the New York Time’s depiction of the Greek financial mess and how for want of a nail (billions of euros to one of the smallest members in the European Union) the kingdom worth multi-trillions may be lost. Beating the dead equine metaphor, the entry of Greece and some of the other weaker members was a Trojan horse in the Euro redoubt, about which there are many doubts.

But back to the NYT chart:

Doesn’t it remind you of this, fanboy?

Docking station from Star Trek.

Market watchers are always talking about a “flight to safety” when the going gets tough. Given the rumblings about the credit risk of the United States (Treasuries were risk-free assets when I went to school, which was a long time ago), there now appears to be no safe investment.

Perhaps the NYT artist has consciously or unconsciously conveyed a meta-truth: the only way to fly to safety from financial collapse, volcanic ash clouds, car bombs, and oil slicks is to slip the surly bonds of earth.

On that note the monkey mind wishes you a happy weekend. Oh, look, a butterfly! © 2010 Stephen Yuen

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