Double top bubble

that is where we are now.
Likely...

The reason for dow exceeding $14000 was not fundamental. Its turn back above $11000 within two years can't be further from underlying economical reality.

Therefore let's pronounce a new currency of this bent world: Paper Profit.

Sub specie aeternitatis

I noticed recently (just about the time you may say) how easily decision makers deal with economical issues that emerge one by one here and there in the world.
When I was younger I remember thinking about general debate on gay rights and women discrimination.
My conclusion was, that for now some regulations should be introduced, but in longer perspective, say 50 years when society will get used to equality. Who would wave all those "umbrellas" and "safety nets" we created?

Here we have our economy. We victims of Bretton Woods conference now copy the very same mistake of making half-decisions. Decisions without exit strategy.
In particular decision of pumping more money into overheated economy should be not our decision, but should be already a part of BW treaty.

We should rather be implementing some sort of exit strategy right now than thinking of "new treatment" for our sick economy. What I see, two years ago, when first turn of QE was launhed nobod said openly what if it won't work. That's one of the reasons why are we in chaos. But lets go back to the roots. Those who decided to introduce government managed currency should as well prepare some rescue policies in case the sstem will get overheted.

In other words, maybe the best thing to do now would be finishing the last chapter of the treaty, stating what to do in case of massive accumulation of goods and debt as a result of waving gold parity. Would they say in 1945 that printing press is the best solution?

I will answer this hypothetical question with grace of professional economist.

I don't know.

Tube-paper

There is gazillion of free newspapers given out every night in London. The simple reason I'm not taking any of them is that when I enter the tube the load of those is already there. On sits, on the floor and wherever you can spot the tiniest piece of flat surface.
I do pick up one of them and really don't mind the mess. It's not proven fact but it's likely that public transport just have to be a bit messy.
What makes me wonder are those rare occasions, where there is no single piece of paper in a carriage at all. There is obvious solution for paper-mesas in tube. It's called shelf or basket. Everyone than can pick up and leave his piece of info there leaving carriage nice and tidy.

But one day it happens that I found much better solution for messy papers introduced by our perfect government. The expensive and time consuming baskets are not for Londoners.
What we've got here in capitol are especially deployed groups of paper-removers on the final stops of every tube line.

Next time when your coach does not arrive to pick you up on time don't be annoyed. It's just not ready yet.

Cotton Buds - afterthoughts

There was a joke about a dog:

Two blokes bumped on each other somewhere on a corner, one was walking his dog. Their started chat, and the dog sat.

After a while the dog started to whine.
-why is it whining? - the other guy asked?
-he sits on a nail
-Can't it just stand up and sit somewhere else?
-Yeah, but it's a such a small nail...


Here's our small nail, lid that could be better, but at the end of a day, it's such a small lid...

Cotton Buds

have you ever drop a box of it?

I always wonder, did it ever happened to a producer?
Why is it a problem to make a box of buds that don't necessarily open on a hit? Or even if it opens, why can't it release five or ten buds at a time, why have all of them land on the floor in random way (especially evenly distributed under the bed closet or tub - wherever you use yours).

From closer study of a lid i noticed there are some sort of "pins" designed to keep lid tight on a box, but as I noticed - it simply doesn't work.

I noticed some packed products have designated sealing tape to close when not used (nuts, cheese in a plastic wrapping, sweets etc.)

Now I just wonder, as eonomy have so many great explanations, will it ever understand human brain..