Forbes (August 24)
“Europe’s worst drought and heatwave in half a millennium is also a disaster in the realm of energy.” Though unspeakable suffering has followed in its wake, “it is the drought, especially the drying of European rivers, which should worry everyone the most…. Rivers are Europe’s economic and transportation backbone, and their drying will drive up energy and commodity prices” and stifle logistics and energy production. “Rivers form an invisible but vital infrastructure to every part of the European economy, and energy is no exception.”
Tags: Backbone, Commodity prices, Disaster, Drought, Drying, Energy, Europe, Heatwave, Logistics, Millennium, Rivers, Suffering, Transportation, Worst
Bloomberg (February 21)
“The American love affair with stocks is deepening as everyone from frenetic day-traders to staid institutions dive further into the market…. While aspects of the craze—the growing obsession with penny stocks and options, primarily—are the basis for daily warnings about a bubble, bulled-up positioning is proving a sturdy backbone for the rally.”
Tags: Backbone, Bubble, Craze, Day-traders, Institutions, Market, Options, Penny stocks, Staid, Stocks, U.S., Warnings
USA Today (December 26)
“America has much to be cocky about.” It has frequently been the world leader “and its entrepreneur-driven economy is again the envy of the world.” Nevertheless, the U.S. is plagued by “fear and anxiety. If you didn’t know better, you’d think this was a nation of wimps.” Whether it’s ebola or terrorism, today’s outsized fears “need to be tempered. The world’s greatest and most powerful nation deserves people who exhibit backbone and have the confidence to live by their principles.”
Tags: Anxiety, Backbone, Confidence, Ebola, Economy, Entrepreneur, Fear, Leader, Terrorism, U.S., Wimps
