Scratches to Sketches
Saturday 30 November 2013
Deflation Trap Tests Riksbank’s Resolve in Fighting Bubbles - Bloomberg
A new way to engineer a deeper depression on top of a deep depression?
Perhaps a good old style war would help, the economic policies don't seem to be working. A few secret treaties?
Property bubble fears persist as average house price surges £11k - Nationwide | This is Money
The greed cycle emerges with a vengeance destroying the UK economy and a new politics emerges out of the rubble.
Fears of London property bubble as house prices rise at fastest rate in three years - London - News - London Evening Standard
If you were a complete idiot you would think like Osborne. There is so much liquidity in the system that a recycle is INEVITABLE, and if anything like the Thailand bubbles be more spectacular than that of the earlier bubble recession / depression. It will make the 1930's seem like a picnic because no policy adopted so far treats the real issues of maturity mismatch and the bad capitalization of banks worldwide.
So be like Osborne and make the worst mistake of your career!
Bitumen bubble is back, says finance minister in Alberta, Canada
Is it possible the bubble will burst with the loudest of bangs after all the artificial job creation of road building repair worldwide subsides.
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
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