Comments on: First post on finance

By: brian

brian — Wed, 26 Mar 2008 14:15:50 +0000

Yep, despite all the talk of 'crisis' or 'meltdown' there's still an assumption that 'we' can work it through. OK, we might have to tighten our belts a little (some more than others), and some of us might get hurled to one side in the shakedown, but in the end normal service will be resumed. The reality is different. Like you say, the growing uncertainty can actually open up futures. If the housing market in the UK goes into crisis and/or inflation rockets, all sorts of ugly questions appear on the table. This is what happened in the Argentinazo, just as it did in the Weimar Republic. Of course, there's no guarantee that things will take a 'progressive' turn – as we try and turn things to our advantage, maximising our freedom and capacity to act, others will be attempting to limit our movements or harness them to new regimes of domination. It reminds me of the final chase scene in The Wrong Trousers, the bit where the track has run out and Gromit is furiously re-laying it (in front of him) from a box of spares. As quick as the categories are undermined or called into question, they're reconfigured into the same old same old… Look how fast climate change politics stuff has been dragged back on to the terrain of money/commodities/capitalist social relations: "Buy this rather than that, and our lives can carry on more or less unchanged." Their 'solution' to the crisis depends on the track being re-layed before we all career off it into another world (or worlds). Our solution means finding the exit(s) before they're blocked again.

By: » First post on finance

» First post on finance — Tue, 25 Mar 2008 02:27:20 +0000

[…] sure-search-engine-marketing.com wrote an interesting post today onHere’s a quick excerpt Money and finance don’t normally get much discussed on this site. All that might change. Last summer’s ‘subprime’ mortgage crisis in the United States (and the run on Northern Rock bank-cum-building society over here) has developed into a full-blown ‘credit crisis’: the global financial markets are in what the commentators describe as ‘turmoil’ and ‘catastrophe’ threatens. Last week, the US’s fifth-largest investment bank, Bear Stearns, imploded. In a ‘rescue’ orchestrated by the Federal Reserv […]

By: Tim Ramsey

Tim Ramsey — Tue, 25 Mar 2008 01:51:17 +0000

I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

Tim Ramsey

By: Robert Michel

Robert Michel — Tue, 25 Mar 2008 01:51:16 +0000

I just stopped by your blog and thought I would say hello. I like your site design. Looking forward to reading more down the road.

Robert Michel