Thursday, Jul 19, 2007
True as it ever was
Times Online: "The Emperor’s Birthday Suit"
From the Times childrens' audio books and Read by Richard E Grant, perhaps a slightly cheeky post, but a relevant alegory for sub-prime, housing bubble and Ponzi schemes in general.
I thought this would lighten the somewhat combattive mood of the last couple of days as well as informing and enlightening the debate. This story is as old as the hills but for all the sophisticated financial markets and the spin and counter-spin of increasingly expensive PR, there is a delightful unyielding truth to it.
Posted by dohousescrashinthewoods @ 10:35 AM (201 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. dohousescrashinthewoods said...
This one is relevant too:
The golden [Golilocks?] goose :
http://timesonline.co.uk/tol/life_and_style/related_features/galaxy_of_stories/article1966484.ece
:)