Apparently the Emperor is Wearing Clothes Again
You can gauge the kind of month it has been on the world’s financial markets…More
Tagged: Business & Consumerism
Why Are We Captive To Wall Street?
The other day a colleague told me that his chooks are still laying eggs. They…More
The Death of Capitalism As We Know It?
Around this time last year, Gordon Brown was facing the first economic challenge of his…More
Greenspan Says It's the Crisis We Had to Have
If securitised US sub-primes had not emerged as the weak link in the global financial…More
Next Stop Recession?
At the beginning of this week I rated the Reserve Bank of Australia, under its…More
A Shot in the Arm?
It should have been good news. The Reserve Bank surprised everyone when it cut interest…More
Smell the Cheese?
On returning to my flat yesterday I was greeted with a personal letter from Citibank…More
Black Monday
In another fateful day in what have become dramatic times, the US Congress rejected the…More
From Bad Loans to Bailout
The US financial crisis rolls on. On Wednesday night, President George W. Bush gave a…More
Crash and Burn, Wall Street, Burn
Why is the sight of a distressed floor trader somehow more upsetting than a farmer…More