the corner office

a blog, by Colin Pretorius

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Neither a borrower nor a lender be

Weren't all the eurozone bailouts and last-minute agreements on the US deficit meant to make all the problems go away?

(I've known the spot o' Shakespeare in the title for like, forever, but I'd long forgotten its context. I'm a little disappointed, I'd misremembered it as being a little more insightful. But then, an early lesson in finance is that borrowing is good and makes the world better off, up to a point. I think lots of overconfident countries are learning the hard way that that point got passed a loooong, loooong time ago. Dulled husbandry indeed.)

{2011.08.04 - 23:03}

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