14 June 2012

EUROZONE : New Terms Sprout Over Euro Endgame Scenarios.

http://www.marketwatch.com/story/how-tiny-finland-could-bring-euro-crisis-to-end-2012-06-13


       Many financial writers yearn to be the first to coin terms...that capture the essence of economic scenarios...ie...Grexit...Drachmail...Acropolypse...Eurogeddon...and Greuro.
      Consultant and author Matthew Lynn tosses out 3 new terms...Spanic...Quitaly... and Fixit...that make word mavens like this editor take notice and smile...despite the grave situations they describe.
     Will they stick?
     It's like throwing pasta against the wall. 
     Some do hang in history.
     For financial types...public attention usually only comes from crisis and scandals...so creating new catchwords are a way to flirt with economic history 'immortality'...like what's his name...that guy at Goldman Sachs...who coined BRIC.