Europe has become incapacitated
Jul. 24th, 2012 04:13 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
koganbot"'Europe has become incapacitated,' said Alessandro Leipold, a former deputy director at the International Monetary Fund."
I like that sentence (New York Times, "In Euro Zone, Debt Pressure Tightens Grip") because it doesn't give enough context to explain what Leipold means, leaving one's imagination to dance in the sky. I'm guessing (but not on the basis of what Leipold said, or of anything else he's ever written, none of which I've seen, the above four words being it [except see below]) he — or someone — might say, "Hypothetically, there are steps that the European governments and the ECB can take, but politics will prevent them, as will the lack of an effective decision-making mechanism among the countries. So Europe is like a deer caught in the headlights." But as I said, that's a guess. Maybe he thinks there's nothing to be done even hypothetically.
But how do you report such a story in a way that gets people interested, a looming tragedy that seems to lack illustrative events?
Spanish Government Generic Bonds - 10 YR Note: 7.621
I like that sentence (New York Times, "In Euro Zone, Debt Pressure Tightens Grip") because it doesn't give enough context to explain what Leipold means, leaving one's imagination to dance in the sky. I'm guessing (but not on the basis of what Leipold said, or of anything else he's ever written, none of which I've seen, the above four words being it [except see below]) he — or someone — might say, "Hypothetically, there are steps that the European governments and the ECB can take, but politics will prevent them, as will the lack of an effective decision-making mechanism among the countries. So Europe is like a deer caught in the headlights." But as I said, that's a guess. Maybe he thinks there's nothing to be done even hypothetically.
But how do you report such a story in a way that gets people interested, a looming tragedy that seems to lack illustrative events?
Spanish Government Generic Bonds - 10 YR Note: 7.621
