Global Economics

Merkel, Hollande, et al., Meet Gregory Campbell


Gregory Campbell of the Bruins cries out in pain after breaking his leg on June 5, 2013

Photograph by Jim Davis/The Boston Globe via Getty Images

Gregory Campbell of the Bruins cries out in pain after breaking his leg on June 5, 2013

On June 5, 2013, during the 3rd Game of the Eastern Conference finals, Gregory Campbell of the Boston Bruins suffered a broken right fibula after throwing himself in front of an Evgeni Malkin slapshot during a crucial penalty kill. Campbell regained his footing, and despite being unable to put any pressure on his right leg, he remained on the ice for more than a minute. In doing so, he helped kill off the Pittsburgh Penguins power play before painstakingly skating himself to the bench. The Bruins went on to win the game 2-1 in double overtime.
Gregory Campbell (ice hockey), Wikipedia

The International Football Association Board “Laws of the Game” now state that “Attempts to deceive the referee by feigning injury or pretending to have been fouled (simulation)” must be sanctioned as unsporting behaviour which is misconduct punishable by a yellow card. The rule changes are in response to an increasing trend of diving and simulation.
Diving (association football), Wikipedia

… or pretending.

The above cultural divide is permanent and real: in sports, in economics, and in politics.
A Republican and/or Democrat of recent American public service recounted the other day the permanent and forever width and breadth of the Atlantic Ocean. (The servant will remain nameless.)

She/he reviewed the complete and total inability of continental elites to understand how North America thinks. We think, or like to think we think, like No. 11 of the Boston Bruins. Or just possibly, we think like England’s Wayne Rooney.

Said servant aggressively stated that under crisis stress, the leaders of Europe do not understand capitalism and its required market function and mechanism.

Europe is still in fragile and perilous state. There is an underestimation of the cultural overlay that permeates each global political and economic decision and the requirement to clear markets.

On the continent, August and six weeks of vacation beckon. Still, there is an ancient doubt of price and markets as solution. (See Jerry Z. Muller, Mind and the Markets.)

Start with the distinction of our sports.

He is from Ontario. He is from Canada. He is from Boston. For a greater understanding of what possibly must be done, Merkel, Hollande, et al., meet Gregory Campbell. Discuss.

Keene hosts Bloomberg Surveillance 7-10 a.m. ET on 1130 AM in the New York metro area and nationally on SiriusXM 113.

Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus