BlackBerry Outage Linked to Massive Drop in Traffic Crashes

 

I’m sure it was just a coincidence.

I’ve noticed that there is a special social sphere for BlackBerry Messaging (BBM) users. These social groups tend to congregate around one another in an self-organizing pattern. They are usually technophobic luddites who enjoy deluding themselves into thinking they are riding in the carpool lane of the mobile Internet.

The only problem is that they are standing actually the “Cash Only” checkout line. It’s probably all the same people you see at the movie theater lobby waiting in line with a dozen other people to buy tickets from a human cashier when (not ten feet away) there are four automated touchscreen ticket kiosks just waiting to spit out passes for two adults and one child to see Cars 2 in theater five. Thank you, enjoy the movie.

BlackBerry Outage Linked to Massive Drop in Traffic Crashes

So Goes the EU and the Eurodollar Dream

Here we go. Say bye bye to the Eurodollar.

Greece will miss a deficit target set just months ago in a massive bailout package, according to government draft budget figures released on Sunday, showing that drastic steps taken to avert bankruptcy may not be enough.

As Germany slowly makes for the door, one might ask who has been making money off all this? Any guesses?

How about Goldman Sachs?

Greece wanted to build a new airport. Goldman got them the money to do so, but held the mortgage to the property, the payments for which consumed all the profit the airport generated (and added additonal costs to the Greek state).

Now, reunited Germany is morally obligated to start stuffing Deutschmarks in its pockets as it removes deposits from Brussels. Its steady export surplus entitles it to do so, but the reunification of Germany was agreed to only because the new Germany would back the Euro with its Deutschmark. Now for it to withdraw support for the currency would surely be the deathknell for the European Economic Community and its market basket currency. would it not?

via Greece to miss deficit targets despite austerity | Reuters.