Category Archives: economics

Poachers and Gamekeepers

October 28, 2009

Many observers of the smoking wreckage which now passes for our banking system have opined that, in addition to being hobbled by a fragmented regulatory system riddled with overlapping and ill-defined responsibilities, the regulators who were supposed to be watching… Continue reading →

Category economics

Payback’s a bitch (that’s why I never borrow)

April 1, 2009

You can feel a simmering sense of injustice in the air today. Quite fancy heading down there myself-there a lot of stuff that needs venting. Violence is never best the solution to any problem-but if you push enough people too… Continue reading →

Category economics Tags ,

24 hours from Armageddon

February 10, 2009

2:20 in… “On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two.… Continue reading →

Category economics

1931/2008

December 11, 2008

via alphaville /dailykos

Category economics

Limit Down

October 24, 2008

Talking of apocalyptic visions of the future. On the anniversary of Black Thursday, October 24, 1929, the start of the Wall St crash, rumours fly that General Motors and Ford are filling for bankrupcy stock markets around the world crash… Continue reading →

Category economics Tags