by Jeff D. Opdyke
The Sovereign Investor
“We are better. We are not great. But we are better. And being better feels like great after what we had.” — Barcelona cabbie, April 30, 2016
I am, quite unfortunately, in the final days of a three-week research trip to Europe. I’ve been north to south (Denmark to Spain) and east to west (the U.K. to Romania). I’ve talked to several executives, a few friends, a couple of airline people on a couple of Europe’s low-cost carriers and a gaggle of cabbies. And Europe is all right.
If nothing else, it’s healthier than America, where our debt-addled GDP expresses all the life force of a septuagenarian sucking on an oxygen tank.
Spain demonstrates that most effectively.