Welcome to my moments in an accelerated culture; digital life, publishing and the divine
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by DarrenOkay, I don’t claim to have a degree in economics, a vast experience in the financial sector or even a good history of wise financial management (although I do have a bank account that isn’t in the red)… but… if the current financial crisis is down to economies, institutions and individuals borrowing more than they can afford to pay back, is the answer to borrow more money?
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and tagged: credit, economy
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by DarrenApparently it is because he lost the backing of London Mayor Boris Johnson. Sorry, but that’s a bit like Sir Alex Ferguson resigning as manager of Manchester United because he had lost the backing of the guy who sells the hot pies outside the Stretford End. Why not just admit that he seems to have got a few things wrong in the recent past.
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and tagged: boris johnson, Sir Ian Blair
