*
Globalization connects economies of many countries. Greece is not an
important partner except for its olives, tourism and shipping. Hence, it
is not making a big dent. However, most countries are not doing good
and most if not all depreciate their currencies to save their economy.
*
From the stock market, China is doing very good in the past year. FXI
almost doubles our SPY. The P/E is artificially low but it is fine
compared to its historical P/E. However, Newton's Law of Gravity never
fails. Some do not laugh at this joke and they should check in the
closest clinic for lacking a sense of humor.
* The bankruptcy law
works for Radio Shack. I bet they're unloading and/or closing stores. I
worked for myself writing software for Tandy computer. I was surprised
my co-worker from one of my jobs remembered my one-man company Micro
Architect. R.I.P.
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