European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 10. October | 154 comments (154 topical, 0 editorial, 0 hidden)

"Journalists" under 40 would likely have no personal memory of the S & L crisis and if they were properly indoctrinated in economics courses in college....

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 10th, 2008 at 10:28:36 AM EST
[ Parent ]

Re: World (4.00 / 2)

The Evening standard had a whole page the other day where they interviewed City traders about the British bailout plan. The piece introduced them as all "male, under 40" and "too young to remember Black Tuesday of 1987".

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 Fri Oct 10th, 2008 at 10:32:12 AM EST
[ Parent ]

Re: World (none / 1)

How about the Evening Standard's interviewer and the author of the article?

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 10th, 2008 at 10:59:02 AM EST
[ Parent ]

Re: World (none / 0)

40's not the benchmark.

I'm 32 and I remember Black Tuesday very well.

"The womb that spawned that thing is fertile yet"

by Cyrille (cyrillev domain yahoo.fr) on Fri Oct 10th, 2008 at 11:17:33 AM EST
[ Parent ]

Re: World (none / 0)

So do I, but we were too young to be traders in 1987, weren't we?

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 Fri Oct 10th, 2008 at 11:19:31 AM EST
[ Parent ]

Re: World (4.00 / 2)

Indeed.

But it is a pity if people are only influenced by their work experience.
It would mean a total inability to learn from history, for a start.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Sat Oct 11th, 2008 at 12:52:44 PM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 10. October | 154 comments (154 topical, 0 editorial, 0 hidden)

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