Smart Links 14 August 2012
Commentary on Romney’s new head, the five year slump, on being Jamie Diamond, and avoiding being Canadian.
Like that poor man in Scanners, Mitt Romney’s positions have changed so much that his head has virtually blown off. Enter Paul Ryan.
Financial Times -- A principled but doomed running mate
Introducing his running mate against the backdrop of the USS Wisconsin on Saturday, Mitt Romney flubbed his easiest line: “Join me in welcoming the next president of the United States.”
New York Times -- The Romney Package
BRACE yourself for weeks of chatter about Mitt Romney’s running mate. Vice presidents matter, as we have been spookily reminded by the recent re-emergence of Dick Cheney on our TV screens.
The legacy of market fundamentalism.
Telegraph -- Five years on, the Great Recession is turning into a life sentence
Five years into the Long Slump it almost seems as if we are back to square one.
Quote worth quoting.
"Much of the debt will have to be written off. Whether this done by inflation (1945-1952) or default (1930-1934) will be the great political battle of this decade. Pick your side. Pick your history."
Time with Jamie.
New York Magazine -- 122 Minutes With Jamie Dimon
The JPMorgan Chase CEO is really, really, really sorry. Except when he’s not.
Shining a light on equalisation.
Globe and Mail -- Why Germany shuns Canada’s debt model
Angela Merkel may be thinking about the Canadian example right now, and not in a good way.
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