OK, I don’t know about you but I can’t get any writing done. Especially with news headlines like this:
Latest: KING WARNS BANKS TO PREPARE FOR EURO STORM
Sam Fleming Economics Editor
Updated 27 minutes ago
The Bank of England has urged banks to bolster their defences so they can withstand an “exceptionally threatening environment” brought about by the euro crisis. Sir Mervyn King, the Governor, said in a press conference that the rapidly deteriorating conditions in the financial markets bore the hallmarks of a “systemic crisis” as he urged banks to shore up their cash and capital reserves. The interim Financial Policy Committee, chaired by Sir Mervyn, is instructing banks to impose limits on their distributions of dividends and bonuses, as they conserve capital in response to threats such as a possible euro breakup. Lenders should also give serious consideration to raising capital from outside sources. Sir Mervyn had earlier told a news conference…
And so on….
I am fixated. I know, another excuse. But really, I can’t decide. Is this all tempest in a teapot? Or are we all going down the drain? Should we be grabbing on to the drain plug as we swirl by?
When I went to dinner with a banker friend the other night, he advised: Buy land and guns.
Because I’m having trouble enough not concentrating. So please don’t give me something else to obsess about that is not my manuscript.
So tell me straight. Should I really be stocking up at the grocer’s and pulling up my gardenias and peonies to make way for potatoes and tubers? Hopping down to the local drug dealer and perusing his set of Saturday night specials?
Anyway, I won’t look anymore today. I promise. I’m getting 500 words written today. No matter what. Even if the currency explodes.
Oh, wait a minute….
photo by MyEyeSees (flickr)