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I cannot even begin to describe how angry that makes me.

To recap - so far the G7 have committed more than a trillion in total, and the only long-term benefit is likely to be an agreement by the banking industry to trim its bonus culture.

We haven't avoided a depression yet, because the systemic problems are still systemic.

And now we're all supposed to trim our belts because there's no cash for important things.

Wankers.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Oct 15th, 2008 at 05:22:27 PM EST
[ Parent ]
We're obviously not politically up to preventing a recession, which I think explains last Saturday's poll results.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Oct 16th, 2008 at 03:48:43 AM EST
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