Tuesday, Aug 14, 2007
Footsie loses heart as Wall St woes continue
Guardian: Business News
Deepak was nearly right when he said 100 points yesterday. I thought it might dive yesterday, but it rose 3% so I can eat humble... However, I think it may be level (ish) tomorrow and then dive Thursday/Friday.
What are the current views?
By the way, where have all the contributors gone from David Smith's blog? I always found them interesting even if only to consider how wrong they were!
Posted by orwell @ 06:31 PM (141 views) Add Comment
3 Comments
- 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. paul said...
Noshbag Smith hasn't been relevant to anything for some time. The current situation is well beyond his experience.
All he can do is feebly murmur about the "rude health" of the world economy. He's not so much an economist as a reactionary cheerleader. Like these guys but not as bright:
http://www.andyfoulds.co.uk/amusement/economists.htm
2. Orwell said...
HHHHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
OMG!!!!!
What would we do with out you?
3. Orwell said...
The publisher Leopold Ullstein wrote: "People just didn't understand what was happening. All the economic theory they had been taught didn't provide for the phenomenon. There was a feeling of utter dependence on anonymous powers -- almost as a primitive people believed in magic -- that somebody must be in the know, and that this small group of 'somebodies' must be a conspiracy."