From FT Alphaville:
Pointless Greek bond swap dead — long live pointless Greek bond swap
From Karl Marx:
Hegel remarks somewhere that
all great world-historic facts and personages appear, so to speak, twice. He
forgot to add: the first time as tragedy, the second time as farce.
-The Eighteenth Brumaire of Louis Bonaparte, 1862
Which Karl appears to have lifted (without attribution) from his pal Freddie Engels:
“it really seems as though old Hegel, in the guise of the World Spirit,
were directing history from the grave and, with the greatest
conscientiousness, causing everything to be re-enacted twice over, once
as grand tragedy and the second time as rotten farce...
-letter, Engels to Marx, 3 December 1851
