A Sweltering Summer of Random Financial Thoughts

 

How Hot is it?

The summer in Ottawa is now on full swing, with sweltering temperatures and wild weather. Sunday we had a microburst which destroyed a stage at Bluesfest (and almost wiping out one of my favorite bands Cheap Trick!), which caused widespread damage all over the city. With these high temperatures we start wondering whether the Ontario Hydro grid can withstand the heavy usage?

With the phone hacking crisis in the UK, this could mean more fun and games in politics. The U.S. credit ceiling issues are actually much more dangerous (fiscally), but the UK phone hacking scandal is much more salacious (like the UK tabloids), and really do seem to capture the imagination of the viewing public. It is actually a good thing since it keeps pushing the posturing U.S. politicians off the front pages.

Some OK economic news from the bank of Canada, but still some bleak discussions in the U.S. about their debt ceilings as well:

I actually enjoy all comments (even the ones that question my sanity), and will try to respond to most comments, so please feel free to comment away. For you spammers who continue to inundate me with your drivel, keep it up as well.

There are no foam pies being thrown by the bloggers this week, but there are some very pointed statements made by them:

 

Other Bookkeeping

Hop on Pop my Fave from Dr. Seuss

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Remember

“Don’t cry because it’s over. Smile because it happened.”

Author: Dr. Seuss (hope it happens soon)

 

{ 3 comments }

{ 3 comments… add one }

  • My Own Advisor July 22, 2011, 8:19 PM

    Thanks for the mention BCM!

    BTW – your site is everything friendly: iPhone, Android, iPod Touch, iPad, iBlogger, iWordPress, iLocal Ottawa Bloggers :)

    Have a great weekend,
    Cheers,
    Mark

    Reply
  • Michael James July 22, 2011, 9:38 AM

    What I really like about the example I used is that just about everyone is certain that the correct answer is wrong, or at least feels wrong (including me).

    Reply
    • bigcajunman July 22, 2011, 9:44 AM

      Continual self doubt seems to be part of the human psyche, but in a very thin range (if you don’t doubt enough you are a Psychopathic Loon, if you doubt too much you are paranoid).

      Reply

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