I quietly agree with you that the precipitation and intensification of the crisis is a favor to the world in that it will bring an intense struggle sooner, but it's difficult to look into the barrels of guns and not feel some anxiety for both oneself and all of the other potential victims - not to mention for the shape and content of the next outcome in our never-ending cycle of cause-and-effect.

Good of them, too, to be so audacious and rapacious that they may have bankrupt their brand. Now all we need is a program (that's all - just a good program). Roubini, no matter the salience of his analysis, will not provide it. Guess we'll have to do it.

paul spencer