I’ve been a somewhat breathless observer of all the recent tumult in the financial markets, to the point that hubby and I did have a ‘what’s the worst case scenario’ conversation over the weekend. Admittedly, being young, in the upper end of the socio-economic spectrum, having some assets and no dependents definitely means that our worst case scenario is far better than a lot of other peoples’. But that doesn’t mean that flogging the investment properties in a forced sale and living in S-E Asia for several years (or somewhere else with a comparatively tiny cost of living) wouldn’t be a huge mind shift!
So this has led me to a surprising realisation over the last couple of days. It turns out I have a level of admiration of Gordon Brown. And given he’s indirectly hubby’s new ‘boss’, I guess that’s a good thing.
Filed under: Finance, London, Politics, musings | Tagged: City of London, financial bailout, financial crisis, Gordon Brown, London, necessary evils
I have to add in a postscript … I’d like to point out that while I’m grateful that Brown et al have decided o do something constructive about the whole financial mess, I don’t think that it should excuse the fact that they are the same clowns that precided over the problems manifesting and increasing in scale.
I really hope that the media and the UK voting public don’t let them get off scot-free.