Short again on time this evening. Going back to work is not that easy! Some small items and a few links.
Reader Anon got my film quote question correct, it was from "The Last Dragon" which is a really fun martial arts film.
New reader Zaloett stopped in all the way from Spain! Hello there!
A few items that caught my eye.
Reader and fellow blogger C-T found a local Louisiana paper that had a great slide show of the big oil spill down there. It is well worth a look as local press coverage tends to be better than national coverage:
Photos and Slide show of Gulf Oil Spill
I had mentioned last night that Argentina was a more apt fit when comparing deflation/inflation models to the US than the old school German one of the dumb Zimbabwe one. A comment on Zero Hedge pointed to this essay from the summer:
"The Royal Scam"
Notice the graphs and the time frames of bond market usage. A total default and Argentina was able to go back for funding after just a few years at low rates. And yes, the whole thing happened almost overnight.
I am either suffering from delayed sun stroke or the world is ending as I think I agree with Paul Krugman in his blog today titled:
Greek End Game
I know, shocking!
From the department of totally missing the point, via Barry Ritholtz:
US Greek Bailout Costs? Tiny.
So size matters? What about a debate about the bailout in general? It is super cheap to bailout Bernie Madoff, but is it right? Not the same I know, but in the words of Jedi Grandmaster Yoda:
"Size matters Not!".
For fun, Geekologie has this:
Stephen Hawking Explains How Time Travel is Possible
Which is one way.
Have a good night.