Since the world’s financial system went into meltdown, there has been a certain amount of tooth-gnashing and mouth-frothing about the dreadful greed and recklessness of bankers — a lot of it from politicians who frankly aren’t in a position to lecture anyone about short-termism. I find it difficult to work up much righteous anger.
Firstly because complaining [...]
Posts tagged with ‘economy’
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Gee, Officer Krupke
22 December 2008 – 10:42 am
In a wailful choir the small gnats mourn
25 October 2008 – 2:58 pm
Is it just me, or do these market crashes always seem to happen in the autumn?
Maybe the current crisis isn’t the result of years of cheap credit and over-leveraged banks. Maybe it’s actually an atavistic response to the nights getting longer. Too many bankers go for a few days in a row without seeing daylight, [...]
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16 October 2008 – 11:00 pm
Subtraction 7.1 Beta: A Cloud and a Prayer
'The concept of “too big to fail” is under siege at the moment. The fact that a company, product or service is so clearly dominant and relied upon is no guarantee of its survival.
In particular, I make this point in regards to Web applications, cloud computing, putting your [...]