On why society is basically doomed

Sunny has a good piece on Commentisfree on the knife panic - worth a read. Apparently the original version linked to this post here, but the Guardian subs took it out - bad Guardian subs. Unfortunately, the comments indicate why we're never going to get anywhere with the criminal justice system, other than locking up … Continue reading On why society is basically doomed

An open letter to people who bought houses in the last two years

I've been living in rented accommodation for the last two years despite being able to afford a house/flat, because it was incredibly obvious that house prices were going to peak, interest rates rise, and the economy slow down. The fact that you did buy a house means that either you felt financially secure enough that … Continue reading An open letter to people who bought houses in the last two years

Sky in ‘not falling’ shock

Here is a table showing projected growth in real GDP per capita [*] for 2007-08, according to IMF data released this month: 2007-082008-092009-10 Canada0.0%0.6%2.0% France0.8%0.7%2.0% Germany1.5%1.1%1.9% Italy-0.1%-0.1%0.4% Japan1.4%1.6%1.8% United Kingdom1.3%1.4%2.1% United States-0.5%-0.4%1.9% In other words, credible independent people who understand economic forecasting (note: not people who couldn't tell GDP from a CDR but who think … Continue reading Sky in ‘not falling’ shock