Sunday, September 10, 2023

"I have been avoiding keeping up-to-date with the Irish national accounts over the last several years for reasons that I documented ..."

That's Australian economist Bill Mitchell's lead-off line in his post "The Ireland growth miracle is largely illusory and biasing Eurozone growth data upwards". 

I don't know enough to discern the nebulousity of The Celtic Tiger's GDP growth but am thinking of adding the Mitchellism to our Great First Lines collection.

Who can forget 2016's:

"A former meerkat expert at London Zoo was cleared Tuesday of 
assaulting a monkey handler in a love spat over a llama-keeper."

Now with added Meerkats that look like Nigel Farage.

And back to finance:

"I am on the train from Geneva to Zurich, bound for the annual
forecasting dinner of the Swiss Chartered Financial Analyst society...."

Great First Lines: Econo-luxury Edition

Still debating, nine years after the fact, whether this goes in the collection:

His ex-wife’s personality was like chocolate – not the smoky, tangy, exquisitely rich and 
full-bodied type, but the over-sweet, tooth-cracking, factory-processed, made-with-
vegetable-oil kind that leaves one with diabetes and an aneurysm the size of a grape. 
— Shalom Chung, Hong Kong
Granted it's not
"It was a bright cold day in April, and the clocks were striking thirteen."
But Orwell's dead, and it's not 1984, but they share that off-putting sense of something not being quite right here,