Archive for January, 2009

Barking up the wrong tree!

Friday, January 30th, 2009

It must have been totally irresistible for both the Premier of China, Wen Jiabao, and the Prime Minister of Russia, Vladimir Putin: both were speaking at the opening of the World Economic Forum in Davos and both had the opportunity to slam US policies and the system of laissez-faire capitalism and they took the opportunity […]

How the mighty are fallen

Tuesday, January 20th, 2009

The UK has proposed a second huge bailout of the banks: this time to underwrite the loans they are supposed to make to SMEs. While not disputing that this is needed in terms of getting the economy started again, I am saddened that the government has not forced the banks to fire the senior management […]