-
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
-
Join 3,498 other subscribers
Contribute To GMM
Categories
- 3D Printing
- Agriculture
- AI
- Algos
- Apple
- Automation
- Banking
- BFTP
- Bitcoin
- Black Swan Watch
- Bonds
- Brazil
- Brexit
- BRICs
- Budget Deficit
- Capital Flows
- Cartoon of the Day
- Cashless Society
- Chart of the Day
- Charts
- China
- Clean Tech
- Climate Change
- Coach C
- Commodities
- Coronavirus
- COVID
- Credit
- Crude Oil
- Currency
- Cyprus
- Daily Risk Monitor
- Day In History
- Debt
- Demographics
- Disinflaton
- Dollar
- Earnings
- ECB
- Economics
- Economist
- Egypt
- Electric Vehicles
- Emerging Markets
- Employment
- Energy
- Environment
- Equities
- Equity
- Euro
- Eurozone Sovereign Spreads
- Exchange Rates
- Fed
- Finance and the Good Society
- FinTech
- Fiscal Cliff Monitor
- Fiscal Policy
- Food Prices
- France
- Futurist
- Game Theory
- General Interest
- Geopolitical
- Geopolitics
- German Bund
- Germany
- Global Macro Watch
- Global Reset
- Global Risk Monitor
- Global Stock Performance
- Global Trend Indicators
- Gold
- Greece
- Healthcare
- Heat Map
- Hedge Funds
- Housing
- Human Interest
- Immigration
- Impeachment
- India
- Inequality
- Inflation/Deflation
- Infographics
- Innovation
- Institutional Investors
- Interest Rate Monitor
- Interest Rates
- Interviews
- Italian Yields
- Italy
- Japan
- Jobs
- Lectures
- Macro Notes from Conference Calls
- Manufacturing
- Masters
- Mexico
- Monetary Policy
- Movies
- Muni Bonds
- Muni Market
- Natural Gas
- News
- Nonlinear Thinking
- North Korea
- Overbought Markets
- Picture of the Day
- PIIGS
- PMIs
- Policy
- Politics
- Population
- Populism
- Portolio
- Poverty
- President Trump
- Qunat Strategies
- Quote of the Day
- Quotes
- Rare Earth Elements
- Readership
- Reads
- Real Estate
- Relative Strength Index
- Robert Shiller
- RSIs
- S&P500
- Sector ETF Peformance
- Semiconductor prices
- Semiconductors
- Social Media
- Socialism
- Song for the Week
- Sovereign Debt
- Sovereign Risk
- Spain
- Sports
- State and Local Government
- Tail Risk
- Technical Analysis
- Technology
- The Big Reset
- The Weekend Read
- This Day In Financial History
- Trade War
- Trades
- Tweet of the Day
- Ugly Chart Contest
- Uncategorized
- US Releases
- Video
- Volatility
- Wages
- Week Ahead
- Week in Review
- Weekend Reads
- Weekly Eurozone Watch
- Whales
-
Recent Posts
Meta
Global Macro Monitor 
Small issue here Gregor. Volaire didn’t write this, and ships weren’t even equipped with lifeboats during his lifetime. In 1912, 200 hundred years later, the Titanic still wasn’t equpied with enough for its passenger loading when it sank. Slave ships were the normal transatlantic “passenger” ships of Voltaire’s age and they sure as hell had none.
The quote actually comes from 1963 from an Englishman called Peter Gay and is a loose interpretation of a very metaphorical line of Voltaire from ‘Candide’ that doesn’t actually mention singing or lifeboats at all at all. It makes Voltaire sound stoically British rather than fatalistically French. Given that Gay was ‘translating’ Candide presumably making Voltaire sound English in the translation would sell better in the UK. Jean Paul Satre and company would have cringed probably. The original French follows:
“Comptez que le monde est un grand naufrage, et que la devise des hommes est, sauve qui peut”
Or (roughly) :
“Count that the world is a great shipwreck, and therefore the motto of men should be; save who you can.”
Joe, You are incredible. You are now designated GMM’s official fact checker! By the way, you have never had a Pliny the Elder. Three will knock any Irishman on their arse, including this Irishman. Pliny the Younger is even more potent but only brewed and released two weeks out of the year.
Cheers, I will look into these Pliny’s. Any drink that could knock me in my arse, but is also tasty, piques my interest.
How about me being GMM’s official nitpicker or occasional curmudgeon? Fact checker sounds like a very onerous title!