Buy sterling. Buy lots of sterling. 1.40 is an insanely low rate; anyone who believes it to be sustainable is, quite literally, mentally ill. (also, our banks are less fucked than yours; our government is just less dishonest than yours about it...)
Banditry
Sad (and the best tribute ever). Happy: ...although this is better: ...and, as discussed previously, this is best:
Hooray for Obama's America. I don't have enormously high hopes that everything will become groovy, excellent, liberal, etc, and I know that the President's impact on what happens in the states is somewhat limited - but the fact that the Californians have taken a cop who shot a harmless, unarmed civilian, charged said cop with … Continue reading Yes we can
Waterfowl and planes don't mix very well.
Excellent-but-unreadable economist Willem Buiter pretty much agrees with me on the inevitable collapse of the dollar - although his timeframe is 2-5 years rather than my best guess of six months to 2 years. This will see the $/£ exchange rate going back to somewhere around 1.65. The interesting bit will be whether the changing … Continue reading That dollar collapse
I try and avoid these, because they're insanely geektastic. Nonetheless: a bunch of whining has gone on lately about failures on the trains, in the coldest and iciest week of the last 15 years. For most of today, the M1 was closed, for almost exactly the same reasons. Anyone who slates the former and not … Continue reading Very brief train post
OK, so we appear to be in the early stages of a major recession, which may well go on for years. A whole load of people may well lose their jobs, pay rises will be a thing of the past for people who keep them, and overall incomes from working will fall substantially. Meanwhile, inflation … Continue reading Anyone who proposes a worse policy wins a prize
I just voted for West Midlands creative networking blog Created In Birmingham as the Best UK Blog in the 2008 Weblog Awards, and I'd urge you to do the same. No, I don't particularly care about the Brummie creative arts world (much as I love Napalm Death and Jasper Carrott...), but they're the entrant with … Continue reading Created in Birmingham
Andrew at LC on bloggertarians: Libertarians almost all seem to believe that they have achieved everything in life entirely by themselves, having struggled against mighty odds and overwhelming enemies to become moderately successful computer programmers, despite the horrible disadvantages of being born white, English-speaking heterosexual males in middle-class families. I admit this is slightly unfair: … Continue reading Epic political theory WIN
When citing rest-stop graffitti: 1. List the name of the rest area (if it has a name) in italics. 2. Name the state in which it was located. 3. Name the highway it abuts (with direction headed). 4. List the nearest mile marker. 5. List the date the graffitti was observed. Example: "Head you wouldn't … Continue reading Alternative sources