Sunday, December 23, 2007

Broader perspective on bubble burst

Which way now when the world has shifted?

If you landed in London from another planet this month and picked up the Financial Times's glossy How to Spend It magazine, you would not suspect for a nanosecond that there was a crisis on the world money markets. In 120 pages of unabashed haute consumerism, ads for Tiffany ran alongside features on record couture sales at Christian Dior, with scarcely a hint at harsh realities such as multibillion-pound bank write-offs, smaller bonuses and lost City jobs.

Posted by petefromoz @ 02:03 AM (635 views)
Please complete the required fields.

One thought on “Broader perspective on bubble burst

  • I don’t think anyone really read past the first paragraph – all too busy spending money!

    High streets are all clogged with people putting unwanted presents on their mastercards…. A painful hangover time approaches!

    Please complete the required fields.

Add a comment

  • 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
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>