I just turned 22, yay yay yay. Lots of good stuff to be found this week, so let's begin!
1. John Cassidy (The New Yorker) on Greece’s Debt Burden: The Truth Finally Emerges
Thoroughly enjoyed Cassidy's thoughts & analysis on the consequences of the referendum. There isn't a realistic outcome where Greece will come unscathed, it's either adopt a new currency through Grexit defaults, or debt forgiveness the size of Germany post-WWII.
2. Charlie Warzel (Buzzfeed) on Reddit Moderators Are Fed Up: “I Thought It Couldn’t Get Worse”
Warzel compiled the Reddit saga that went on in the forum. I'm a big redditor myself, so I was surprised to see lots of my favorite subs decided to go private. Moderators were really fed up with the management, and the deciding moment was when a key employee, Victoria Taylor, was laid off with no future transition arrangement. To be honest, I thought this was a PR disaster in action. Pao, Reddit's CEO, did a terrible job of keeping the community happy - whether it is on the transparency of management's decision or the attention put on making reddit community as functional as possible.
3. Dacher Keltner and Paul Ekman (New York Times) on The Science of 'Inside Out'
I absolutely loved the new Pixar animated movie "Inside Out", with Amy Poehler (who is one of my favorite actress and role model) starring as Joy. No spoilers, but the movie takes us into the head of Riley, an 11-year old girl, as she is moving from Minnesota to San Francisco. Absolutely breathtaking, but even more so, the degree of accuracy in the movie in portraying emotions. Reminds me a lot of my days as a psych major! And I love that they had Paul Ekman, leading psychologist in the study of emotions, work as a scientific consultant from the movie. Mad props to the Pixar team.
Quote of the week is from an economist I met yesterday, Mr. Faried Harianto, special advisor to former VP Boediono, "Net Interest Margin is like the difference between the returns of chasing a girl to the investment you make to chase the girl" #lifeadvice #yass