Sunday, Jan 27, 2008

Less Cash to Chase Houses in the City?

Telegraph: Financial crisis could cost London 20,000 jobs

"As many as 20,000 City jobs are likely to be wiped out by the financial crisis, according to one of the first comprehensive forecasts of the toll on London's economy."

Posted by quiet guy @ 03:23 PM (332 views) Add Comment

3 Comments

1. uncle chris said...

Good - the fewer of these parasites the better - maybe we can get back to traditional banking and get rid of the gambling aspect that has grown up in the modern day financial industry. If they have invested their own money wisely, no doubt they will have plenty to live on for the rest of their lives. If not then they will reap what they have sown.

Sunday, January 27, 2008 05:36PM Report Comment
 

2. Landedgentry said...

Time for a cull!

Sunday, January 27, 2008 06:19PM Report Comment
 

3. harold said...

"...get back to traditional banking"

We can only do this if we get back to hard money backed by silver and gold. Otherwise, the politicians and central banks will just inflate away our waelth until we are all debt slaves.

Sunday, January 27, 2008 06:50PM Report Comment
 

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