Messe Düsseldorf North America - Trade Show Daily

ἀνάγκᾳ δ’ οὐδὲ θεοὶ μάχονται

Posted by Ryan Klemm on Fri, Nov 4, 2011 @ 09:28 AM

Anánkāi d'oudè theoì mákhontai
   - Not even the gods fight necessity.

Simonides of Ceos
Greek lyric poet (c. 556 BC-468 BC)

describe the image     

Weeeee, it’s sure been a heckofa week!  Just a week ago the stock markets soared after the EU seemingly averted a looming debt crisis.

Here in the US, the media was gushing about “Rocktober” – the best gains on Wall Street during the month of October since sometime in the early 1970s.  Even yours truly thought it noteworthy enough to throw up a clever and witty yet informative blog post about it.

 

Then earlier this week it appeared that the whole shebang was on the verge of unraveling:

  • For some reason, the Greek prime minister unexpectedly announced he was going to put the agreement to a national popular vote referendum.  Chances of passage: ZERO.
  • Stunned EU Leaders, notably those of Germany and France, issued withering responses and threatened to withhold further bailout funding for the cash-strapped country.
  • Stock markets plunged worldwide.  Buh-bye Rocktober.
  • The G20 Economic Summit convened in Cannes, France, coincidentally - whereby everyone could read the Riot Act to the Greek Prime Minister in person.
  • Greek Prime Minister cancels referendum Thursday, now facing a parliamentary confidence vote Friday.

The ancient Greek poet Simonides wrote, "Anánkāi d'oudè theoì mákhontai" ("Not even the gods fight necessity").  Seems the Prime Minister of Greece was unfamiliar with the sentiment.

I've also been wondering all week what the Greek version of Windex is.

Topics: international business, Düsseldorf, Messe Düsseldorf, International Trade, International Trade Shows, Greece, Economic Crisis, Euro