more boring economics stuff

[ajva]

I know people must think by now that I'm some kind of nutter Jeremiah-esque permabear muttering away in the corner and stinking of whisky, but in case you were wondering, it's things like this graph that make me wonder if we could be facing a total global meltdown economically, originating in the fundamental insolvency of the world's banking system.

Just saying. *swigs from bottle in brown bag*

Mind you, I remember my Dad saying something similar back in 1986 or thereabouts, so I expect everything will turn out OK.

Comments

[friend-of-tofu.livejournal.com]

No, because they all have to tighten their belts and work extra hard and not get fat bonuses - er, no, that other thing.

Altho apparently there have been wide-ranging City lay-offs in the last few months, so there's always hope the possibility.