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there was a speical programme on Radio4 this morning. It was strange how the analysis seemed pretty accurate on what had gone wrong and why. However, it was equally disconcerting to hear City brokers and analysts speaking confidently about how the Far East will bail them all out and how there are plenty of other markets gagging for investiment and "don't worry, the markets won't tolerate strict regulation so we'll all be back on the gracy train tomorrow".

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Jan 22nd, 2008 at 11:46:42 AM EST
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Let's not forget that when someone says "the markets will like this or hate that", what it expresses is the will of the wealthy. One dollar, one vote. Welcome back to censitary voting.

Un roi sans divertissement est un homme plein de misères
by linca (antonin POINT lucas AROBASE gmail.com) on Tue Jan 22nd, 2008 at 12:08:08 PM EST
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