"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "


Chinese premier Wen Jiabao 12th March 2009


""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."


Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Monday, November 03, 2008

BBC World Service at its best - Listen to this week's Forum


The BBC World Service has a first rate program whci you cam reach heere and listen to or download as a podcast This week on The Forum


American writer and commentator Fareed Zakaria outlines his vision for a major global power shift, New Zealand psychologist James Flynn warns human intelligence is both more and less than we think it is and philosophy professor Anthony Grayling explores the psychology of trust and why we ignore it at our peril.


This is the BBC at its best - James Flynn is sparkling and illuminating. He is now 73 (pic) and he says,"too old to worry about offending anyone". Excellent article and exegisis of his ideas and the "Flynn" effect ( why IQ scores are rising) which is essential reading for any parent.
Grayling also explains why bankers simply produced balance sheets which were fiction as the concept of commercial trust simply evaporated.

1 comment:

Anonymous said...

the bbc is a fuckin joke.don´t watch or listen to the shit.Humphries this morning,,"war is noble and heroic"

fuck em.shut the place sack the fuckers and send them to work in the salt mines

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish