Friday, July 17, 2015

Coloring Books for Adults

Your friendly proprietor was walking from a parking garage at Stanford to his office on the other side of campus when he passed a group of six-year olds wearing orange t-shirts with the words "Media Academy" printed on them.  I have been reading numerous stories of two-year olds using ipads, kindles, and other digital devices.

Imagine coming across an Associated Press story on July 15, 2015, "Trendy But Calm:  Adult Coloring Books Selling Like Crazy."  Indeed, at one point during that week adult coloring books occupied 8 of the top 20 slots on Amazon's best-seller list.

Are adults regressing to their childhoods?  One book title hints at their fast-rising popularity:  "Adult Coloring Book:  Stress Relieving Patterns."  Adults are joining coloring clubs, entering coloring contests, and posting on social media about the therapeutic benefits of coloring (presumably within the lines?).

There it is.  Fearless six-year olds taking over the digital world as their parents sit at home coloring books to relieve stress.  I suspect the subject of next year's camp for seven-year olds will be how to monetize their media apps and/or platforms, which will likely be taught by financially successful eight-year olds.

Thursday, July 16, 2015

It's time for a Little Honesty on the new Greek Bailout

Greece and its creditors--European Commission members, the European Central Bank, and the IMF--have been playing a game of pretend to oppose austerity and pretend to keep Greece in the Eurozone.

Neither matters nearly as much as enabling everyone involved to go on their European Charter guaranteed right of five weeks vacation beginning the last week in July and extending through the end of August.  Summer vacation is sacrosanct in Europe. Neither rain, sleet, hail, tornadoes, floods, heat, cold, fire, wind, earthquakes, or any other crisis can be allowed to disrupt the summer vacations of the residents of Europe's social market economies.

So to all our European friends, bon voyage and guten appetit! September will be soon enough to deal with any Greek problems that remain unresolved.

Monday, July 13, 2015

Greditors 1, Grebtors 0

To expand the universe of new "Gre" words, the EU's humiliating agreement to grant Greece another loan was a total victory for the Greek creditors (Greditors) and a stinging defeat for the humiliated Greek debtors (Grebtors).

Greeks now understand the Golden Rule:  He who has the gold rules!