From my personal diary: My own "systemics" and London rain

Back from the third trip to the dentist in 10 days. 8 extractions down (3 today), 6-7 more to go. It's raining like London the taxi driver claimed. Not it's not, I thought, but I did not say anything, I still had cotton in my mouth pressed again the empty gum. Was raining cats and dogs though and my shoes were too low to keep my pants from getting wet. Did make it to a mini market near the flat though and bought some basic stuff, was surprised the bill was 8 euro! The tuna can alone cost 2.5! The juice boxes each 1.2! Next time, supermarket. This was just to cover needs for tonight and tomorrow am, mostly.

Back at the flat, I washed my jaw with salty water, turned on the heater to reduce the dumpness,  edited my LinkedIn profile.

Looks like my denture will be fixed by end of January at the latest. Then I will decide re location, it seems.

Still exhausted from the last 3 months, the last 1 year, the last 10 years. But especially the 12 weeks of the NW "fact-finding" trip. And as a friend put it during the trip "you quit your home, smoking, lost 20+ kilos, etc etc, your system must be out of balance looking for a new one". Seems so. I analyse world,, European and other systemics and dynamics and their effects on policy making and business strategies. My systemics are systemics too. But not a believer in self analysis. Because a lawyer who represents himself in court has a fool for a client.

Inflation etc!

1) Tomorrow is another day. But so is today. And so was yesterday.Uncertainlty & volatility abound. Are these the best of times or the worst of times for policy makers? Depends on the policy maker! It's in times like these in Europe, US, the world tht good (& proactive) policy making is most needed. But how many can rise to challenge?

2) Paul Krugman's NYT Op/Ed: Inflation Theorists
There are plenty of inflation hawks in the Eurozone as well!

3) According to the RTE, the Irish national totals stand at: FG 76; Labour 37; FF 20; SF 14; SP 2; PBP 2; Greens 0; Independents 15.
So: 166/2+1 = 84 so FG needs 8 more min majority? Labour's 37 would give it a +30 majority in the Dáil?

4) The EU Council conclusions on Energy 2020: A Strategy for competitive, sustainable & secure energy

5) According to the US DoL: Unemployment Insurance Weekly Claims:

In the week ending Feb 19, the advance figure for seasonally adjusted initial claims was 391,000, a decrease of 22,000 from the previous week's revised figure of 413,000. More

6) According to Reuters, the head of the US FDIC has called for big bank restructuring
Why am I so not surprised?

IMO an even bigger overhaul of the global financial system, as a whole, is needed. Do the US or the EU have the policy guts to do it? The public opinions seem to be ready for such bold policy changes after the events of that last 3 years!