Archive for September 29th, 2011

How to position the Greek Financial Crisis?

posted by Edward Jones

If I could take the liberty of modifying the words of the incomparable Rodgers and Hammerstein – how do you solve a problem like Greece? Well, the macroeconomics, thankfully, are for others to worry about. The communications for this spectacular meltdown however are fantastically absorbing. How, I ask myself, could you position such a mess and achieve a sense of progress and dare I say it, optimism? With tongue fixed firmly in cheek, I give you the strategic standpoints that are at the disposal of any discerning political chief:

 1. The Collective – otherwise known as the ‘we are in this together’ position, or in the case of the British, ‘The Dunkirk Spirit’. Clearly, requires appropriate and visible commitment from public leaders such as a reduced wardrobe, or sudden fixation with public transport.

2. The Future Proofer – as in, do this now to ensure that we’re okay tomorrow. Also known as ‘our children’s children’ position.

3. The Fresh Starter – that is, it can’t get any worse so let’s have a fresh start, or ‘a blank canvas’, or in what could be more appropriate for the Greeks, ‘a Year Zero’ approach to the problem.

4. The Frontrunner – or to put it another way, we got there first and so will be better equipped to manage the situation when others are in the same predicament. Also see ‘ahead of the curve’, or ‘ ahead of the pack’.

5. The Flagellator – by far the hardest and bravest position to take; as in, we had it coming for all those years of irresponsibility and extravagance, but we’ll come out of it fitter and better…believe me.

Please note:  This post was orignially posted by Peter Roberts.