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29finistere

Listed below are comments made by 29finistere between Wednesday, 25th March 2009 and Wednesday, 29th April 2009.

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100 days: rage builds quietly from two directions 3:32pm on 29 Apr 2009 I think the bail out is going well, if you're one of the big 3 banks in the US. With the vast majority of globally proportioned competition wearing the concrete shoes of insolvency, and bound up with quid pro quo's for the taxpayers' money, they're about to clean up in terms of talent and investment.

Job well done gentlemen... now, if you can keep only keep the dollar alive...
Optimistic and steely-eyed 10:31am on 24 Apr 2009 The UK is bust.

A nation which can't feed itself and has to print money to pay its debt is lower down the evolutionary scale than a banana republic. See that thing on the horizon? It's a tidal wave.
IMF boss kicks butt 12:38pm on 17 Apr 2009 Fascinating stuff PM, good to see some experts (you & the writers of the IMF report) doing their job and providing useful info for navigating the future. A lot of commentators seem intent on obfuscating the whole picture...

Thank again.
Final numbers 7:17pm on 02 Apr 2009 @ newsjock - just what I was wondering, funny I can't find any answers anywhere...
Larger pledge 1:39pm on 02 Apr 2009 Thanks for the explanation regarding the congressional costing...

Compelling, though, that the IMF is characterised as triple A rated. I imagine its balance sheet is going to be very highly stressed in the short term... Will it end up any better than RBS?
1213GMT - The shape of the deal emergeth 12:51pm on 02 Apr 2009 Did you know it would take a person 32000 years to count to a trillion?

Kind of puts it in perspective. (This monkey's going to heaven)
My Great British Summit Cock-up Hell 12:47pm on 02 Apr 2009 A pearl of truth this one:

"...but we, the Brits, have this way of turning everything into a chaotic soul-less mess."

And so broadly applicable: the Brown leadership, the BBC or the City, for example...
What does Sarkozy's walkout threat signal? 12:57pm on 31 Mar 2009 More bad, bad news here:

http://www.businessinsider.com/henry-blodget-mortgage-crisis-over-please-its-just-beginning-2009-3

You don't think they're trying to solve anything this week, do you? Fiscal stimulus = inflate away sins, that's all.
The economic leadership award 3:41pm on 30 Mar 2009 Hoping for a job with our new Chinese overlords next year, SF?

You say:

"If you look at history, an economic slowdown after a period of rising expectations and dramatic growth is a prime recipe for revolution."

Ouch. We've just had the biggest of all booms and it's about to be followed by the mother of all busts... it's going to be VERY messy in the West according to your logic. Or does your reference only apply to non-Europeans...?
Ding! Ding! Mervyn v Gordon (plus Danny) 2:59pm on 25 Mar 2009 Fiscal stimulus, will it work?
QE, will it work?

I'll tell you what will work: let every insolvent bank, company and individual fall - clear the whole lot away in a horrible purge - not a global stimulus but a global reset...

Sure it will be painful. Cities will burn.

But that's going to happen anyway... the global economy is dead. All that's being settled now is whether we can afford an undertaker...

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29finistere