Oh dear, whatever happened here? After years of over-borrowing and under-saving, the plentiful supply of cheap and easy money, the enthusiastic recklessness of a number of financial managers, and the complaisance of governments, the inevitable happened, and panic ensued.
It has not been edifying to see political leaders – people at one time we might have considered intelligent, cautious and wise human beings, falling over each other, in the courageous rush to identify scapegoats, to nationalise bad debt and to prop up failing companies.
More..
LATEST DISCUSSIONS
RE: Why are taunting antisemitic blogs and bloggers given free rein on the JC Blogs?
"stephenb Your reference to Jews and money (in the Ahava thread) was antisemitic and despicable. And you know it. You will surely be banned." Jonathan Hoffman