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Thanks for your support over there.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Aug 16th, 2007 at 01:48:29 PM EST
J, this is a fantastic diary!

What I'd like to know is how it will affect us.

Is the bubble casino simply an imposing edifice in the center of downtown society where the rich go to play? If the casino burns down, will we suffer?

Or will the banks get back to investing in assets, or providing the means for entrepreneurs who create assets?

I assume that the UK will be hard hit, because the export of financial legerdemain from the Square Mile is so crucial to that economy. But what about all the other smaller hard-working countries of Europe?

You can't be me, I'm taken

by Sven Triloqvist on Thu Aug 16th, 2007 at 04:01:54 PM EST
[ Parent ]
I don't know if you'll take this as a compliment or what, but this at the beginning had the rhetorical tone of a Glenn Greenwald bit on media disingenuity (i.e. when the media is all of a sudden shocked that something bad is happening when it was obvious to some long before).

Good piece.

by R343L (reverse qw/ten.cinos@l343r/) on Thu Aug 16th, 2007 at 07:39:27 PM EST
[ Parent ]
I'll take it as a compliment!

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Aug 17th, 2007 at 12:20:33 AM EST
[ Parent ]

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