Friday, Jun 22, 2007
Looking back at the carnage from 2027
Bloomberg: Granddad, Did You Believe in Central Banks Once?:
For about a decade we all believed central banks could ensure people had jobs, and could afford food and housing and such. That all changed after the Gigantic Global Bubble Burst of 2008.''
Posted by sold 2 rent 1 @ 05:21 PM (137 views) Add Comment
6 Comments
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1. royston said...
Brilliant! Absolutely brilliant!
2. japanese uncle said...
Cheers to the Giglobubu!!
3. Scott said...
I would like to do one about life in the UK in 2050.
Kid - "Daddy, who is that man who lives in that square cabin next to our garbage pile?"
Dad - "He's your older brother's science teacher at the high school. He sold me the exam papers that your brother will be taking for college entry. "
Kid - "Daddy, there is another cabin next to his. "
Dad - "Yes, that one is a nurse. She sold us the coproximal and morphine for your older sister's habit. "
Kid - "Won't she get into trouble?"
Dad - "Of course not. The cabin at the bottom of the yard is where PC MunRoe lives. He does anything for cash. "
Kid - "Daddy, what is a virgin?"
Dad - (laughs and says) "Anybody who has not been to the key-worker cabin at the top of the street. During the day, she is a postwoman. You could say all her money comes from (mail/male)!"
Kid - "Daddy, is it true that most people spoke English in 2020? "
Dad - "Perhaps, who cares? Most of them are in Spain now working as cheap labour in Chinese tourist spots. Have you finished your Polevka yet? "
4. headmelter said...
Very entertaining.
5. also sold to rent said...
That's pretty much what I think too. As long as China's plans stay on course there doesn't seem to be any other reasonable outlook. Hence the need to invest in raw materials and resources.
6. Blindleadtheblind said...
excellent. Not sure about the conclusion for the Yuan though, any global crunch will crush the Chinese banking system aswell...so back to the gold standard anyone?