#OT# long economics article from the UK

A long economic article from the UK on the root causes of the current economic problems. Lots of very insightful reader comments.

Apparently the Brit politicians tried to say it was all the medias' fault for pointing out the Emperor had no clothes on.

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FWIW it looks as if something similar is underway in the US as Congress gets ready to debate a new radio "fairness doctrine"
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?pageId=88113Unka' George [George McDuffee]

------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).

Reply to
F. George McDuffee
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Unka' George [George McDuffee]

Good article! Watching the news today it is the case of "Plus ca change..."

Reply to
Michael Koblic

Jailed: Wealthy racehorse owner who spied on ex-girlfriend from garden shed for 10 days before raping her

Baby boy, aged three months, mauled to death by two family dogs as he was being looked after by his grandmother

Bigamist 'Captain Cad' sails off into the sunset with his third wife... leaving two more at home

Teenager bludgeoned his father to death after GP prescribed him Prozac

Couldn't find a two headed cow/baby/snake story.

LOL

LOL Again

Reply to
Dick 'Tater

------------- BBC has an interesting article on some different approachs. At least the people involved are willing to look at the problem from a new perspective, rather that "more of the same only better."

see

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alternatives to the Davos BS.

I have no idea how well their proposals would would work, but I do know that when you continue to do what you have always done you will continue to get what you always got...

Unka' George [George McDuffee]

------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).

Reply to
F. George McDuffee

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