A PR coup

When Time magazine b(r)ought in Fareed Zakaria – after a change in Newsweek ownership booted him out – Zak took his one-page commentary formula with him.
A measure of the influence he wields is that the very style responsible for Newsweek’s diminishing returns, was implemented, albeit in part, at Time.
Time now is also unabashedly pro-Obama.
The latest international edition drives the bargain for Obama in the debt deal debacle.
The real winner is Pimco and its CEO Mohamed El-Erian (pictured).
He is quoted twice within the space of three pages, in two separate articles.
Now that is a PR coup.

Uncle Sam's death (pronounced debt)

The tragedy of the US debt crisis is the US.
Echoes of falling empires – Egyptians, Romans, the Brits – not quite, they just went off for a cuppa.
Linkedin as we all are now, due to some mad cross-border fertilisation of people and money over the last century there will be some negative fallout globally if the US defaults.
The real measure of the state of affairs is the lack of brouhaha over the possible default.
Sure, there is some hemming and hawing, but by pre-economic crisis standards it’s hardly apocalyptic.
Overall, the world is ready. Pull the plug USA.