Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

US Companies prepare for Greek Exit from Euro

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Did anyone really think Austerity would work?

In this New York Times article US companies reveal contingency plans for the inevitable removal of Greece from the Eurozone

Even as Greece desperately tries to avoid defaulting on its debt, Amerrican companies are preparing for what was once unthinkable: that Greece could soon be forced to leave the euro zone.   
Greece-exit-euro

Bank of America Merrill Lynch has looked into filling trucks with cash and sending them over the Greek border so clients can continue to pay local employees and suppliers in the event money is unavailable. Ford has configured its computer systems so they will be able to immediately handle a new Greek currency.

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Helter Swelter

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I have never understood why anyone would want to live in a place where the high temperature passed 80 on any regular basis. I have spent this Labor Day weekend in Dallas, where even at midnight the stagnant air is in the 80s, and where in the daytime it is 100 degrees in the shade. And don't even get me started on Phoenix, where the temperature is always in the triple digits. Why on God's scorched Earth would someone want to subject themselves to such unrelenting misery? Give me Palo Alto or, God willing, a place like Seatlle where I can live out my days in the solace of damp sogginess.

Anyway.

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Proof: Foolish Thinking Produces Fools (by Mark St.Cyr)

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As we head into the final holiday of the summer, I thought I’d make
my own final entry on the foolishness I see portrayed more often than I
dare try to quantify. It started when I was working on a project while
the television was on. (You can read part 1 and 2 here)

Here’s my current perception of how I see what “financial television”
has evolved into: Bloomberg® for flavor of the day financial banter,
CNBC® for comedy, and Fox® for soft porn. I mean it’s just ludicrous
what the so-called “financial” outlets have turned into. What’s next?
Someone pounding buzzers, whistles, and gongs as they give out 401K
advice to attract viewers? Wait…scratch that.

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