Want to penetrate DEEP into heart of the GLOBAL FINANCIAL CRISIS - get at the problems behind the problems behind the problems? That's my modest goal in Weathering the Storm, a civic media finance blog. I'm no financial pro, just an English teacher and Real Estate Broker who reads a lot and has an eye for the best financial writers - left, right and center - whose insights I pass along in this blog. (To be honest, I'm looking for more good writers from the center and right and would welcome your input.)
The blog also has a civic media purpose:
"World Cup Final? Imagine a World Cup civic media contest with an audience of billions participating in a search to find the best solution to the world's economic plight. I see no reason why this contest cannot happen today - except that the world's financial elite seem not to want to happen. The technology for it already exists: the contest would integrate the resources of American Idol, CNBC and social networks like Facebook, MySpace and Twitter."
In recent days the ball has been more on the Shoots' half of the field, with the Weeds getting somewhat the better of the play in a midfield game. No big scoring opportunities for either team. Notably, the Weeds have been unable to get their top scorer onto the field: the story of the dollar's beleagured status as the world's global reserve currency. In London he appeared for a moment with the May 12 FT story on "America's Triple A rating is at risk". But not in the U.S., where American financial media ignored (suppressed?) this game-changing story. CNBC Europe covered it here - but guess what - not CNBC U.S. from what I can see. I've been tracking this story here since March 23. The paucity of coverage in the U.S. is amazing. When the Weeds finally get this big, global-picture story on field, watch out. Meanwhile, here are some notable Shoots vs. Weeds takes on the topic of economic recovery.
[plese click here to access the notable takes}
World Cup Final? Imagine a World Cup civic media contest with an audience of billions participating in a search to find the best solution to the world's economic plight. People there is no reason why this contest cannot happen today except that the world's financial elite seem to want it not to happen. The technology for it already exists: the contest would integrate the resources of American Idol, CNBC and social networks like Facebook, MySpace and Twitter.