With the UK embroiled in a
very messy and uncertain General Election campaign in which the going will be
rough and then rougher and the US moving into post Obama mode 2015 looks to be
an interesting year.
Which brings to mind the
old Chinese saying, or curse, may you have an interesting life. With the economy of China lurching into
trouble of all sorts this is all too likely.
So what may be going to happen?
This vivid description of the
present world economic situation by Nouriel Roubini in Project Syndicate is not
an optimistic one. It is not the only
one expressing worries, the usual doomsters have all got the jitters.
Apart from all this
apparently seismic research into Lake Toba has discovered that large magma
field can exist as layers as in a rich cake confection. It was the Toba volcano 74,000 years ago that
blew and resulted in instant climate change.
Luckily, I remembered to renew
the household insurance.
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