I’m as fattened up as a Christmas Goose after this four-day weekend’s worth of eating and then washing the food down with additional eating. At one point today, I dipped a cupcake in leftover gravy I found in someone’s fridge during the Jets game.
In between direct carbohydrate injections to the mouth, I found time to participate in a dads-only football game this weekend. I learned that being big is not the same as being muscular and big. I think my tackles hurt me more than the guys I brought down, now matter how hard I hit them.
And now I find myself in preparation for the week ahead, despite the aches and pains and bloating of another glorious Thanksgiving weekend respite.
It’ll be all about Euro bullshit from floor to ceiling once again this week. That China bullshit will be on hold until we either sort this bullshit out…or see the world come to an end. Either way. But talk of bailouts is in the air this evening, several different trial balloons have been floated by the various ministers of this, that or the other thing.
So yeah, I’m aching, but the news flow may be, dare I say, on the mend?
Here’s what’s poppin’ as of Sunday night…
The latest rumors out of Italy are that an $800 billion IMF bailout package is imminent. Take with 900 grains of salt. (The Atlantic)
The National Federation of Retailers is saying we’ve shattered major shopping records this year with an estimated 226 million consumers buying $52 billion worth of
Chinese-made garbage gifts this weekend. (USA Today)
Latest rumor: “The European Financial Stability Facility may insure bonds of troubled countries with guarantees of between 20 percent and 30 percent of each issue” (Bloomberg)
The Fly refuses to sell down here just as a monster thousand point rally could be on the way – as soon as the Germans begin to print. (iBankCoin)
Updating with this link from Cullen Roche about the renewed possibility for the Euro Bazooka. (Pragmatic Capitalism)