July 1st, 2011 → 6:54 am @ // No Comments

“Lilies that fester smell far worse than weeds.” – Sonnet XCIV

The Greek debt needs to be restructured already.  I know the Europeans want to avoid that and implement a debt rollover instead, but that’s just drawing out the inevitable digging up and throwing out of the festering lilies.  Here’s hoping Christine Lagarde is able to take a dispassionate, well-rounded view of the situation in her new role as head of the IMF.  (By the way, Congratulations on the new job Christine!)


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