At The Business.
Interesting new book on banking crises and what’s going wrong with Russia.
Timmy Elsewhere
March 31st, 2008 · 1 Comment
Tags: Timmy Elsewhere
Tim Worstall
It is all obvious or trivial except…
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Hardly Trivial
- Adam Smith Institute
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Vainglory
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1 response so far ↓
1 Kit // Mar 31, 2008 at 3:42 pm
“pre-crisis valuations” but those valuations were bollocks. This crisis is summed up by the parable of the emperor’s new clothes. The only difference is the central banks are now having to buy the clothes as if they existed.
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