The phrase “too big to fail, too big to save” in this case comes from an essay in Der Spiegel by Henrik Enderlein which says that the time to act is now, but also says that all the options available for action will fail. I take it he’s saying that Italy must take ownership for its debt, but Germans must also stand in solidarity or the speculators on the demise of the euro will have a field day.
Andrew Tillett in the AFR reports that analysts do not think that Macron’s drive for an Australia-France-India “strategic axis” for the Indo-Pacific will amount to much in the long run. You can surge but it is harder to sustain. Realistically France is peripheral to what happens in the Pacific. Continue reading Saturday salon 5/5→
Except, we already know what the people think, because they’ve already been surveyed, and people who know about these things say that the proposed survey is incompetent as a survey, lacking proper sampling. Of course, the opponents of same sex-marriage see this as their best chance of getting a “no” vote and kicking the can down the road.
1. Bullying bosses behaving badly, and it’s not cricket
The New Daily sport editor James Willoughby’s article Cricket tour of South Africa cancelled over pay dispute is typical of the coverage. The players want everyone to be treated fairly, and want the grass roots to be looked after. Seems Cricket Australia wants the same, but with a different way of carving the pie. The chasm is so wide people are talking about an Ashes tour being junked, and worry about the future of the game.
Yet most of the reporting and commentary misses the main point – Cricket Australia refuses to attend mediation or offer any genuine flexibility in the Memorandum of Understanding (MOU) negotiations. They simply will not deal with the Australian Cricketers Association. Continue reading Saturday salon 8/7→