Wall Street
Another picture in my New York series. Not thematically related to news today using the words “meltdown” and “Wall Street” in the same sentences (or at least headlines) repeatedly (OK, so the FT only says turmoil, but still). Erm. Well, maybe a bit.
I can’t pretend to understand really what it means or why it happens or what effects it has, but I chuckled into my porridge this morning listening to the inimitable John Humphreys squawk “yet?!” as his interviewee tried to sound reassuring by saying that “we aren’t seeing Zimbabwean economics happening here yet”. The chuckle was only for the squawk and the relative absurdity of the claim, not the situation in Zim. The most recent figure I’ve heard from Zimbabwe is 11 million percent inflation. It feels like a - somewhat sick - game of playground one-up-manship… “I’ve got a hundred; well I’ve got a million…” I wonder if the word “squillion” will be used. Although today there is also news of “relief” at the signing of a power-sharing deal between Mugabe and Tsvangirai. Surely things can only get better…
Anyway, another thought from Jesus to his diciples in the first century:
“Sell your possessions and give to the poor. Provide purses for yourselves that will not wear out, a treasure in heaven that will not be exhausted, where no thief comes near and no moth destroys. For where your treasure is, there your heart will be also.”
- Jesus (Luke 12:33-34)
I wonder how many hearts are on Wall Street today?
I see you’ve added the categories Argh!, Meltdown, Panic and Crisis….
Expecting to be adding lots of bad news to the blog?
Yes, there’s too much blind optimism around these days…
Actually no. I just thought that it would be fun. And I think I don’t use enough tags most of the time. I have unnofficially changed Redwelly policy to use relevant tags to the individual post regardless of whether or not they are useful catagories on the site. It would make a tag cloud (which I don’t yet have) much more interesting I think.
the Completely inconsistant use Of capitalisation in the Tags on the above post is also Part of the policy and not a sleight on the reputation of john humphreys.
:-)