Share the View 2: Give Greece a Chance

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

FEBRUARY 5, 2015 bloombergview.com

EUROPEAN ECONOMY The Editors: "Less than two weeks after winning the Greek election, Prime Minister Alexis Tsipras is getting real about how to tackle the nation's unsustainable debts. His willingness to drop a demand that creditors write off some of what they're owed deserves a conciliatory response from the European Union's various agencies." Read more... Mark Gilbert: "The European Central Bank has answered Greece's funding prayers with a resounding 'no.' By turning off its lending taps to the nation's financial system, the ECB is engaging in dangerous brinkmanship that could easily backfire unless the European Union finds common ground with Greece's new government." Read more... REAL ESTATE Jonathan J. Miller: "I can almost hear it now: Remember how awful last year's polar vortex was for the fledgling housing-market recovery? Looks like we're in for more of the same this year. Except that this construct reflects a significant misunderstanding about the practical nature of housing sales." Read more... 2016 ELECTIONS Jonathan Bernstein: "If it's a year before the Iowa caucuses, it must be time for someone to complain that voters there and in New Hampshire are the first to cast ballots for the presidential candidates." Read more... NEWS ROUNDUP Katie Benner (Read the news roundup) Anthem, the nation's second-largest health insurer, said last night that it was the victim of an external cyber-attack: Read more... Launchpad Toys, which makes the storytelling app Toontastic, was acquired by Google: Read more... Ross Ulbricht, the founder of the Silk Road website, has been convicted:Read more... Matt Levine (Read the news roundup) Bearer bonds: Read more... Greece: Read more... Don't run this: Read more... Bernstein (Read the news roundup) Sharan Grewal at the Monkey Cage on Tunisia vs. Egypt: Read more... Andrew Sullivan is not a Chris Christie fan: Read more... Sarah Posner at Religion Dispatches reports on Republicans, Democrats and Benjamin Netanyahu's trip to the U.S.: Read more... Barry Ritholtz (Read the news roundup) Why does Bill Gross have a financial adviser?: Read more... How do we perceive risk?: Read more... This currency would be great if it wasn't for the market: Read more... ECONOMICS Noah Smith: "Once again, political discussion has shifted to the travails of the American middle class. ... Should we look at wealth or income?" Read more... INVESTING Ritholtz: Today's topic is "signs of excess and froth in the equity markets. Exhibit 1: Grilled Cheese Truck Inc., which began trading on the pink sheets last week after receiving OTCQB certification." Read more... COMPANIES William Pesek: "The exact moment of any corporate turnaround is almost impossible to pinpoint. But if Sony's latest numbers truly do signal the revival of the Japanese icon -- the company just posted its best quarterly profit in seven years -- then the transformation may have begun last April, when Kenichiro Yoshida was promoted to chief financial officer." Read more...