Showing posts with label Bernanke. Show all posts
Showing posts with label Bernanke. Show all posts

The Wheels on the Bus go ...

Over lunch last week, the Australian branch of the Screwtape Files team got talking world matters. Big topic: 'How is it that the wheels have not yet fallen off?'. Here we are in 2015 and the horrific financial collapse and devastation predicted by many - take your pick of the massive smorgasboard of potential disaster: Armstrong's Big Bang 2015.75, Australian Property Crash, China Economy Collapse, Revaluation of Physical Gold, Hyperinflation, Global Derivatives failure, Grexit from Eurozone, Kondratieff Winter, Bond Bubble Busting (etc) ... all of these are big ticket items so the fact that none of them have yet come to pass in finality (despite appearing to be constantly on the brink) seems to indicate that Ben Bernanke and his ilk really have worked some magic, albeit arcane and unholy.

Good versus Evil



Earlier this week, I stirred quite the hornet's nest with a silverogosphere allegory about Dave the Dung Beetle, which focussed on the themes of evidence, faith, responsibility and accountability. Warren followed up with some thoughts on being both right and wrong at the same time. So it falls now to me to try to complete the trilogy with a look at 'good' and 'evil'.