Thursday, February 02, 2012

While we were out

Having been long ago proved erroneous any hypothesis that the efforts indulged in by this writer were to any avail in the real world, we now have had the opportunity to test its opposite - that the lack of Ibex Salad would prove itself crucial to the grander outcome.

The chart on the left shows the progression of Spanish sovereign bond yields since November 25th, the day on which they peaked and we excused ourselves from active service in order to start the (finished yesterday) olive harvest.

Perhaps we should just shut up and quit while we're ahead.

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6 Comments:

Colin said...

Is the 'been' in the first sentence extraneous?

Charles Butler said...

It's possible that the whole production is extraneous.

"Cassandra" said...

Your non-posts have been so effective and prescient, I would like to subscribe to IBEX Salads premium non-newsletter service. Failing that I suppose that I could just do the opposite of the Rant du Jour of the unholy trinity of ZH CHS or Mish

Charles Butler said...

If we can get the CAP to pay me not to harvest olives and you to have me not rail... the makings of a plan.

"Cassandra" said...

There is enough austerity *talk* without you holding back your olives. But you run a risk in even mentioning the CAP else the Trinity uncover its "hollow conspiracy and utter insolvency and sheer inevitability of its demise....." Can you tell where I've been before here?

Charles Butler said...

Umm, the Tely?