Posts Tagged ‘Economy’

In which The Gay Recluse scores selected opinion pieces in The Times. Paul Krugman/Partying Like It’s 1929 The Short Version: We’re fucked, the only question is exactly how much. In his words: “The financial crisis currently under way is basically an updated version of the wave of bank runs that swept the nation three generations […]


In which The Gay Recluse scores selected opinion pieces in The Times. Bob Herbert/The $2 Trillion Nightmare The Short Version: In financial terms, the war in Iraq is not cheap. In his words: “The Bush administration has tried its best to conceal the horrendous costs of the war.” Score: A- Herbert delivers a column that […]


In yesterday’s Times, we were told that Italy has sunk to new depths of despair on many fronts, “struggling as few other countries do with fractured politics, uneven growth, organized crime and a tenuous sense of nationhood.” There is widespread malaise, or malessere. Quoted is Walter Veltroni, the mayor of Rome: “It’s a country that […]