Archives for posts tagged ‘economy’

Say what you like about the global financial crisis, at least it’s interesting

I felt disappointed this morning when I woke up and heard a panel of enthusiasts spouting off about the best way to cook roast potatoes and no mention of the imminent collapse of the global financial markets. I’ve become accustomed to talk of plunging share prices, billion-dollar bail-outs and Chancellor’s statements of a weekday morning. As such, the subsequent focus upon Powys [...]

Let’s talk us into recession.

Applying any kind of critical thought to the optimistic fluff churned out by a lot of senior business people and their PRs at the moment is, it seems, tantamount to treason. As such, I’ve been told off/whinged at a couple of times in the last fortnight for contributing to the mysterious art of “talking us [...]

What IS the credit crunch?

As a panelist on Have I Got News For You, Peter Serafinowicz once asked: “What is a bank?” I’m having a similar problem with the credit crunch. Namely: What is it?
“Credit crunch” is a pleasing, alliterative phrase, which probably explains why it has been used more than 1,600 times in UK publications in the last [...]