I don’t remember what this is about but anyway I’m about to go have some fun

I had no idea this is what the outside of the European Central Bank looks like.  Love the sign.  Disney World-esque.

What a time for European political economy though.  It seems only yesterday that I was in an introductory macro class hearing that the main threat of high sovereign debt was the crowding out of private borrowing which retards future growth.  Nations, of course, do not default.  (Well, they used to, but we understand economics better now.)

Macroeconomics is hard to understand, but we all have our own democratic (or socialist, or anarchist) ideals.  According to The Economist, 55% of the German population was against joining the euro at the time of monetary unification.  Even so, the trade benefits of a single currency probably helped the German economy during the years of euro stability–in 2008, over 40% of Germany’s GDP consisted of exports.  But on the flip side, whenever a less stable nation gets into trouble, the German tax payer is implicitly (or explicitly, if Greece defaults on its German loans) footing the bill for other nations’ fiscal problems.

That’s almost as sad as the state of my study skills.  I don’t set reading goals any more.  ‘Read to the end of page 80’?  Not happening.  ‘Complete all suggested readings for Business Law, Week 3’? You should be a writer for 1990s SNL!  In the age of the Internet, such ideas are quaint.  They belong in battered sepia-toned photographs of yesteryear.

I set timed goals.  ‘Read for an hour’.  Did I stop in the middle of the explanation of the LM schedule?  Too bad, because I’m already on youtube watching a goat ride an electric scooter and there’s no turning back from that.  Eventually you get to the point of the night where Stephen Colbert tells you everything you need to know about Greek sovereign debt.  (Short aside, I found out today that one of my colleagues does not know who Stephen Colbert is.  Are you kidding me? He is an American legend.  He’d be on the one dollar bill if the voting didn’t have a well-known liberal bias.)  The next day you buy a double americano before lecture–which makes sense only intermittently–and call it good.

I checked out a book from the library today.  On the first page it said ‘You should make your blog posts shorter’.  That’s not what it said, but I really should.  Damn it, even imaginary books know that.  The actual book is Colloquial Spanish of Latin America: The complete course for beginners. I was reading it on the tube home from the library tonight when I realized: I could do this every day on the tube.  In a few months you’ll ask, ‘How is your Spanish so good?’ and I’ll say, ‘Easy-breezy, I just studied for twenty minutes every day.’  I’ll be one of those every-day-studiers who becomes good at things.


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