tag:blogger.com,1999:blog-23400750.post4411195034779777555..comments2023-11-03T11:32:01.540+00:00Comments on Thought Experiments : The Blog: Darling's New DealBryan Appleyardhttp://www.blogger.com/profile/08276787058430388582noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-23400750.post-25222310402635334542008-09-01T15:32:00.000+00:002008-09-01T15:32:00.000+00:00Jonathan, economics is very very simple, accountan...Jonathan, economics is very very simple, accountants, bankers, lawyers, academics dress it up with a new form of language in order to justify their fees.<BR/><BR/>the three simple rules of economics are 1, supply 2, demand and the missing one 3, TRUST.<BR/><BR/>in some cases you are the supplier, in some cases the buyer, but what brings these two forces together is Trust in the system, this is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-45061319422187407152008-09-01T06:08:00.000+00:002008-09-01T06:08:00.000+00:00This quite a debate given the abundance of non-exp...This quite a debate given the abundance of non-experts. Where are the experts? Can they stand up? Do even the experts know what they are talking about?<BR/><BR/>I am certainly no expert, either. Though I painfully try to pierce the veil and demystify the labyrinth to myself, economics has always struck me as fundamentally abstract: riddled with all kinds of metaphysical assumptions, mediated by aJonathanhttps://www.blogger.com/profile/03467412541030183747noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-34708896057609427272008-09-01T02:12:00.000+00:002008-09-01T02:12:00.000+00:00Only laxer regulation can save us from this and an...Only laxer regulation can save us from this and anyone who disagrees is a communist.<BR/>k?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-82807624941388620482008-08-31T20:23:00.000+00:002008-08-31T20:23:00.000+00:00I am definitely not an expert but... the way infla...I am definitely not an expert but... the way inflation is worked out makes no sense at all. Its completely bogus and real inflation is much higher. Also do you think the taxpayer will bail me out if I go flat broke because of my finacial miscalculations?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-38885886796355392722008-08-31T19:14:00.000+00:002008-08-31T19:14:00.000+00:00@anonymous"Just because a few (quite a few) banker...@anonymous<BR/><BR/>"Just because a few (quite a few) bankers failed to understand risk and thought they could cover for taking increased risk (as the politicos wanted them too) through securitisation does not change the fundamentals."<BR/><BR/>Are you sure that nothing fundamental has changed? Haven't you noticed that the last 10 years has seen the rise of 'globalisation' and millions of new Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-3745988856029708332008-08-31T18:47:00.000+00:002008-08-31T18:47:00.000+00:00The Greenspan put has now been followed by the App...The Greenspan put has now been followed by the Appleyard punt.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-83115868608221478812008-08-31T16:05:00.000+00:002008-08-31T16:05:00.000+00:00Spot on, Anonymous. And I fancy what Darling was r...Spot on, Anonymous. <BR/>And I fancy what Darling was really saying was 'I'm as mad as hell and I'm not going to take it any more'.Nigehttps://www.blogger.com/profile/13314891387515045404noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-7593729694621477152008-08-31T15:57:00.001+00:002008-08-31T15:57:00.001+00:00Just because a few (quite a few) bankers failed to...Just because a few (quite a few) bankers failed to understand risk and thought they could cover for taking increased risk (as the politicos wanted them too) through securitisation does not change the fundamentals.<BR/><BR/>All that is needed is the banks to get back to sustained profitability as quickly as possible, the real issue for our long term economic well being is energy not bankers bonus Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-19557234445635298162008-08-31T15:57:00.000+00:002008-08-31T15:57:00.000+00:00Let's hope that the New Wave/New Deal is better th...Let's hope that the New Wave/New Deal is better than FDR's New Deal...Richard Havershttps://www.blogger.com/profile/15309594787689405779noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-2013924693829422562008-08-31T14:45:00.000+00:002008-08-31T14:45:00.000+00:00I suspect the secret here is sheep. With his hair ...I suspect the secret here is sheep. With his hair and pronounced eyebrows, Alistair Darling can look somewhat like a startled sheep. The last man who did what Darling is hinting at here - dropping the big one on Dear Leader - was likened to a dead sheep. And the interview was given from Lewis, where sheep are still a staple industry. If you want to know about high finance, first learn how to baa.Markhttps://www.blogger.com/profile/06074816573442173758noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-63828034313506083132008-08-31T12:17:00.000+00:002008-08-31T12:17:00.000+00:00I'm with you on this, Susan. Do you think Bryan is...I'm with you on this, Susan. Do you think Bryan is sexist? <BR/><BR/>(i.e., can there be a single language for both sexes as long as men are men?)<BR/><BR/>D.Selena Dreamyhttps://www.blogger.com/profile/11629908887644614404noreply@blogger.comtag:blogger.com,1999:blog-23400750.post-60272096917352900582008-08-31T11:36:00.000+00:002008-08-31T11:36:00.000+00:00spoken like a true financial analyst: i.e., i don'...spoken like a true financial analyst: i.e., i don't understand a word of what you just said.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-23400750.post-35302928805491425442008-08-31T08:40:00.000+00:002008-08-31T08:40:00.000+00:00interesting.interesting.Ian russellhttps://www.blogger.com/profile/11106519805045337505noreply@blogger.com