Banking crisis

I blogged something in December about Politics and Economics but I just discovered this video which explains a lot about the banking system I didn’t really understand. Comes to the same conclusion though, we cannot carry on in the same way for ever. Watch it. Read more »

Politics & Economics

Watching our politicians, economists and journalists arguing about the best, quickest least painful way to restore the world economy to what it was a year or two ago is intensely depressing. Maybe we should borrow and spend, or maybe we should save and repay. Maybe we should prop up some industries, or all, or none. … Read more »