The Economist article Dicing with Debt and the Future writes:
"As the whole world knows, America’s government is in danger of defaulting after August 2nd unless Congress raises the federal debt ceiling so that it can keep borrowing enough to pay its bills"
The process of reaching an agreement reminds me of this cartoon from my book created for the chapter PowerPoint and Chocolate Biscuits.
We describe the endless back to back meetings, teleconferences, and INSEAD training schedules of executives and middle managers that make up unproductive interactions as “people who do PowerPoint and chocolate biscuits”. Back in 2005, the Boston Consulting Group the effort of creating PowerPoint presentations had become so crushing that it was outsourcing 20,000 hours of this effort offshore to India every year.
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