Monday, 13 October 2008
What is going on?
Interesting to hear the responses from World Bank the IMF and G7 over this week end. I don’t think any of them know what to do. I have some sympathy with Gordon and Co. at the moment because the crisis is now truly world wide and it looks as though he is going to get away with his part in our cock up. The markets appear to have gone completely and independently haywire to the extent that it must surely be being considered that there is a wider force at work here trying to bring governments down. History shows us some notable rises to power of tyrants after stock market crashes. Could this be part of a terrorist plot to undermine the world economies or is it still the greedy unregulated market speculators in money making mode but in a new guise? I don’t know whether I prefer Brown in charge at this point because now is certainly not a time to be changing leaders. Perhaps his next move is “blame the terrorists”