Tuesday, 16 September 2008

Buddy can you spare a dime?

So I usually only post when the muse strikes. Sometimes it's hot, sometimes it's not, but it's been a week, so here are a few random blogs/sites, in no particular order, that I've stumbled across in the wake of the good ship "USS taxpayer funded bailout".

And the bloke who kicked it all off for me this morning, Michael Pascoe, with The story of the century

The Wall Street crash of 2008 is the financial story of the decade, Michael Pascoe writes, but don’t let it blind you to the much more important story of this century.


Not only is the USA sneezing, it has a very serious influenza, but the world hasn’t caught a cold and is still running along in quite reasonable health.

You’d never guess that from our hopelessly US-centric media, but global growth continues around the 4 per cent mark. The BRIC economies (Brazil, Russia, India and China) will still invest about US$22 trillion in today's dollars on infrastructure over the next decade and never mind what the oil-rich Middle East states spend or the regional economies (such as Australia) that hang off the BRICs. China continues to build another Brisbane every month. ...

Is it too early to opine that the new economic disorder in the US is not good news for McPalin?

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