Monday, September 29, 2008

Flash: Civilisation Over

Civilisation appears to be having a near death experience. You read it here first. And, if Wall Street continues to plummet at this rate, last.

10 comments:

  1. Well bugger oi down dead, now its really getting interesting, hang onto your hats, gird your loins, grab it back now, under the floorboards with it (except Clarkson, he's already lost his) Mettle testing time is upon us. What price Broons "whatever it takes".
    Gold anyone?
    So that's were Nige went, with a suspiciously large suitcase.

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  2. A while ago, Matthew Parris wrote that folks would only come to see what the free-market fanatic come neocon experiment really involved if they were forced to go to its bitter, bitter end. I know this drama goes back much further than that, but it seems he had a point. I suppose wiser economic heads might say that the money would be better spent on recapitalizing some banks rather than, effectively, buying up derelict property in Wichita, but who knows. Not me. The real pain will be mass unemployment and, if this goes on, a mass collapse of people's pensions. I wonder what the young think - anyone under, say, thirty. Maybe they are the folks we should be listening to now. We know what the old men did. They f****d up.

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  3. Today mark, we passed the point of listening, personally I passed that point 9 years ago. We now need people with vision and guts, do we have them? maybe, maybe not, for the past 30 years people who were not around in the time of lack of plenty only know it from stories, maybe now they will experience it first hand. Who knows, it may be the making of them.

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  4. wake me up when it matches 87s 25% fall

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  5. Looks like it's time to start stitching the jewellery Granny gave me into the hem of my skirt.

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  7. Come on, Malty, this isn't 1915. "We need to send another 300 billion over the top. You look like a man of vision and guts. Get up there and lead the charge into the hedgefunders' machine-guns!" With 7-9 trillion bucks of toxic paper thought to be around (but then who really knows), this deal was only ever going to buy time. What's needed is a different way of organizing things. First thing in the bin is the current political elite, in the US, here and in Europe, especially Brussels. No wonder they are panicking. No more gravy for an awful lot of those fat bastids.

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  8. I was referring to the 1950s mark, full employment, rubbish wages, just as well, nothing to buy. I agree about Brussels, Kinnock and Blodwyn are prime examples of the true Eurotrash.

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  9. Democracy in action, eh? It may be the failure to approve the $700bn may flush out the poison quicker. Lots of pain to come - but maybe for the best in the longer run. Lehman and Merrill Lynch have gone to the wall quickly and efficiently without any taxpayer bailouts. Cringemaking to see Brown on tonight's news alluding to Britian's 'decisiveness' compared to the States when we're in a far weaker position.

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  10. I firmly believe that modern life is closely resembling episodes from the Simpson's. Yesterday I read that one of Paulson's team had said last week that they asked for $700bn because 'we wanted a really big number'. Today we learned a sensitive terrorist intelligence was left in a file on a train, and Manchester University students have declared male and female toilets to be 'genderist' and have renamed them 'toilets' and'toilets wiht urinals. Meanwhile. whenever I see Paulson speak he always seems slightly unhinged.

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