Sunday 2 November 2014

On A Wing And A Prayer

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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