Tag ArchivesFor the word: crunch
Recession solved by my bad investments
There’s been a spate of stories in the press recently, where various industry pundits are heralding the end of the recession.
In true pundit style, the sources are covering their arses by throwing in the “but let’s not get overconfident just yet” caveats, but the gist of it all, is that things are less crap than they were not so long ago.
And I reckon that’s at least partly because of me.
+27Another year passes…
Well, that’s 2008 finished. For many folks it’s not been a good one and I suspect that they are glad to put it behind them.
Beyond the impact of the credit crunch, the Russians and Georgians scrapping and the inevitable Christmas kickoff between Israel and Hamas, 2008 did have a few highlights. The election of Barrack Obama heralded the end of the Bush era and there’s not many of us outside the US who are sorry to see THAT happen.
+14Credit Crunch con-trick: Who’s really to blame?
A few days ago, I was listening to one of a seemingly endless series of radio discussion programmes about the credit crunch.
Most of these programmes have a fairly low-to-middle range annoyance factor, but this particular programme really got my blood boiling, because the interviewee had the gall to state:
+24