Anglepoised Notes

There will be blood

The credit crunch is deadly serious, but it will not change the fundamental dynamic of how international capital markets work. Markets go too far: ingenious people take bigger and bigger risks, with more and more clever strategies, some of them sound, some of them, it eventually emerges, spectacularly not.

John Lanchester, There will be blood

Posted in: linklog


Paul Love

Written by Paul Love who lives and works in Edinburgh building useful things.