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Posts Tagged ‘Europe’

The stock market plunged 390 points yesterday. Are you surprised? I’m not, especially in light of the sentiment I’ve been sharing in my recent posts. Our stock market is a gut reaction to what’s happening out there, and right now, that’s in Europe. The market is only as smart as the last person it talked [...]

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I’ve been writing a lot lately about Greece, which is representative of the larger problems Europe is having right now. My interest lies in the fact that an organization (in this case a country or group of countries) is spinning out of control in crisis and has little or no idea how to fix things. [...]

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Did you read my last post on the emotional fluctuations of the stock market as a result of the financial crisis surrounding Greece? Well, the fickle and emotionally volatile market has struck again. On Thursday morning EST, the Greek Prime Minister announced that he was shelving his controversial referendum plan. Surely his initial inclination to [...]

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If you’re a news person or you follow finance then you’re no doubt already aware of the situation in Greece. That country is a mess. It’s debt is astronomical; it has no capacity to repay; the political situation is volatile at best; there are mass protests, and nobody has any idea what to do. That’s [...]

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When I go into a failing business and discover a once running enterprise with an idiot at the helm, one of the first questions I ask myself is, “Is this guy family?” Leaders have a real predilection for putting idiot family members in charge of key parts of their operations. Napoleon installed his family members [...]

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