Thursday, August 16, 2007

FINANCIAL CRISIS OR SAME OLD STORY?
After the Reith Lectures and the past few weeks of "volitile" markets poor Zola is forced into the "Serious Stuff".
Firmly written words say that those that end up taking those risks are those that are in no position to handle those risks. Those that make those risks are quite able to handle those risks.
What is more is that those that end of paying for those risks are those that can least afford it.
The point?
Same old story.

8 comments:

Anonymous said...

Correct.
That is life right now.
And not likely to improve.

Merkin said...

http://tinyurl.com/36n3or

As usual, Stef's Blog has a bit of fun for all the family.
Chickens and roost comes to mind.

zola a social thing said...

Rumour has it that even Keynes is ready for a re-awakening of social consciousness. Just a rumour.
That is what you all get when poor Zola is forced into "serious comment".

anticant said...

Keynes actually had lots of social consciousness, which is why he was regarded with such suspicion by the 'Old Gang'.

zola a social thing said...

Today the "Gauwrdian" writes that FTSE is back on IT's feet.
They must have been scared too I guess. Vinegar Tits was wobbling?

Anticant : it is interesting that Keynes did not enjoy mountain climbing with his mates. Just a little extra to give to Mrs Malapropidicktome so as to keep this good woman in service.
Often asked myself about "adventure" and the market ideology.

There seems little diff-errant in the Guardian vis-a-vis a Telegraph.

Your humble servant (shit I must get ready for this weekend of....)

zola a social thing said...

This afternoon the Guardian trashed the article on the Footsie. It did not exist?
Guardian is now back to gloom.
This does not exist either they say and they are running scared.
But my pension plans are well are truly fucked again.
Think I will live with the land.

zola a social thing said...

Guardian has trashed that text already.
But still in "memory".
Why did they do this?
Are they running scared?

Will my morning paper be the Daily Mail?

zola a social thing said...

Do not worry : Guardian has informed us that a new hope is there.
That is all in one day by the way.

In fact it is a re-pumping up of the pump when the vandal has already stolen the handle.
But who cares for that?
Just take the money and run.

Home/Join | List | Next | Previous | Random

The Awkward Squad are powered by alt-webring.com