For those
condemned to stay indoors gloomily looking at the weather and watching the week’s
diary descend into chaos you might need cheering up.
Alas, this
is the wrong place to do so today. Here
are four items designed to do exactly the opposite.
The only
good thing is that they are all long and will fill up the time instead of doing
those household jobs you are supposed to be doing.
We are
being told that we must rebuild, or renew or something like that the economies
we have had to maintain or increase prosperity.
In the 1970’s there was much the same attitude.
But this
was impossible then to return to the previous economies, the issue was how to
deal with the new ones. Having made too
many mistakes and blunders in this we are now in a crisis.
So in the
second decade of the 21st Century we are going into a different
world which has economies quite different in structure and function. We cannot admit this and continue to blunder
on regardless.
This
explains the critical nature of the following items.
Rowan does
not like Barclays Bank and in an earlier century would have been demanding its
executives finish their days at Execution Dock.
Naked
Capitalism does not like HBOS much either and says why.
In the USA a major web
site has decided to go long on pessimism about the bond markets. This means rates of interest as well.
Closer to
home The Slog in his usual robust style says we are all doomed, at least in
terms of our personal finances.
So back to
the Disused Railway Stations web site to remind me that things can change.
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