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The Anglo Disease - Financiers worried about end of great bull run | 42 comments (42 topical, editorial, 0 hidden)
Re: Anglo Disease (none / 0)
It's a very important concept. Hopefully later in the week I'll be able to post some bits from the latest Larry Elliot book which has some circumstantial evidence that the "City of London" has indeed had this investment substitution effect over many years in the UK.

One thing that of course is not easy to assess is just how many of the financial instruments in use will stop being employment centres if economic conditions trend as you suggest.

by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 18th, 2007 at 12:32:37 PM EST
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The Anglo Disease - Financiers worried about end of great bull run | 42 comments (42 topical, 0 editorial, 0 hidden)
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