Monday 13 July 2015

Hot Summer Days

There's a certain heat emanating from the Southern European states. As July nears an end and the what-do-I-do-now month of August edges closer, the normal screams of delight begin their return, as families thrash around in the cooling water of the Mediterranean and others splash themselves down with chilled Rosé.

Will those screams remain expressions of long lazy Summers, or risk taking a turn down the wrong path of frustration, despair and eventually hot, smouldering, unbridled anger?..screaming all the way to government opposition, civil unrest and (never say never) military action to quell a total collapse into chaos.

The European mess that has brewed since 2008 (papering over the problem year after year), China's recent and really quite frightening market meltdown (swings of +75% and -80%!), now controlled only with the most draconian of moves by the shell-shocked Xi-Li ruling partnership, in addition to the Middle Eastern uncertainty over the meaning of an Iranian-US "agreement", leaves us all in a tenaciously touchy and ridiculously terse position of anxiety-inducing palpitation. Not quite what Summer holidays should be about.

There will be trouble ahead..not talking about the pain (oh gosh) of poor stressed-out-normally-London-dwelling-sun-seekers having to carry wads of cash around the Cyclades with them..but pure, undiluted and extremely potent historical hatreds resurrecting through the fraction lines of old and new Europe.

We will investigate more this week....

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