Wednesday, October 01, 2008

News of the day

OK, does it strike anybody else as a bit weird that the state are buying up the failing shite banks, where as assets which really AUGHT to be in national control rather than private hands - water supply, power resources, railways - are still in the wobbly hands of the market? And we're buying them out? Rather than confiscating them? Madness.

Mind you, as one who's somewhat limited and uneducated grasp of economics said "well, surely it has to top out somewhere, there must be a breaking point", I am currently rather smug.

Oh, and that ferry that's currently in queer street in Somalia, full of Russian tanks? Turned out, it looked familiar. A little bit of research reveals that until 2003, and under a different name it used to be a local into one of my local areas of interest, and my boss has been on it. Ain't it a small world.

0 Comments:

Post a Comment

<< Home