I feel like its getting to the be every man/woman for themselves part now.
Check this out from Moodys:
I honestly don't care about Moodys as they have helped to perpetuate much of the damage to global economies in the last 10 years, but in this case I thought they have summed up things quite well. So for instance Italy would need to reduce its long-term borrowing costs to 4.2% in order to return to a sustainable path. Japan is a basket case and how they can give the IMF 60bn is a joke of monumental proportions. I wonder why the BRICs aren't on this table? Makes you think?
I had lunch today with a friend who mentioned that a huge chunk of arable land in Argentina is owned by foreigners. I didn't know that. Will the mad women scoop this up next? Given the support she's had in Argentina why not? Probably gets her or husband or some other relative elected next time the country goes to the polls.
The rain today forced me into the gym. A one hour workout followed by lunch. Not a healthy day, but this rain is starting to get to me. I should mention that I won't be riding leg 2 of the Piemonte Cup. I was scared off by someone I met at Novi Ligure who told me it was tough, very tough.
I looked up the course and I have to say it looks ... challenging? This is the medio fondo:
There's 1700m of climbing in 98km's of riding. When I did Novi Ligure I climbed 1300m in 104k's. Its similar, but given the rain here lately I'm not sure I could get another 400m's of climbing. Maybe if I'd managed 220k's last week with a couple of climbs I may have been in shape.