Greece’s sovereign debt that the U.S. and European Union central banks are grappling with right now has the possibility of blowing up in our faces, a la Lehman, or silently fading away, a la the TBTF banks that no longer seem to be in danger of failing after a huge hullabaloo and even more huge government bailout a couple of years ago.
We individual investors need to pay attention to this now rather than when it hits the front pages again. Frankly, IFO has no idea what she’ll do if it does hit the fan. She has a tendency to wait until the last minute to make investment decisions. Don’t you readers do that.
Some financial bloggers are dealing with this, plus many European newspapers, but our own media are more interested in meaningless political horse races.
Investors do seem to be liking technology stocks these days. Or at least the financial press likes them. It’s always worth a look to see what others say about various sectors. But HPQ? Really?
On to gardening. With the unusually cold and wet spring (hellooo! GW believers!), we didn’t get our garden all in until late June. We bought the dregs of potato starts at our favorite garden store and found out upon planting that a couple were BLUE/PURPLE potatoes. They produced just as much as the other potatoes, some of which may have been the prestigious, chi-chi new Yukon gold variety. We have harvested all and the crop weighs about 10-12 pounds.
We harvested a wheelbarrow full of our corn last weekend, gave away 3/4 of it to our neighbors, and brought home about 10 pounds. Onions, not all harvested, pulled about 20 lbs. Tomatoes, ditto, picked about 20 pounds, froze 3 lbs of Tomato Sauce in four coffee cups w/lids. Still have plenty of bright, red fresh tomatoes and 2 quarts of tomato juice.
Over the summer we’ve also picked a dozen or so green and Jalapeno peppers, volunteer cherries, borage, chard and mustard greens, 8-10 young eggplants, Japanese, beet and lettuce greens and teeny beets, carrots, melons and cucumbers whose tops the deer have eaten. The herbs and tea plant are thriving. The blueberry crop is in – see earlier posts for stats on the harvest. The grape crop is skimpy and won’t be in for another few weeks.
Garden produce – it’s what’s for dinner!