Another bailout for the banks this week. More pain for the taxpayer, more money printing and stagflation all around. And of course more bonuses. Isn't it great to be a banker?
The sirts today are in gold and silver!
OMG, what have I done?
Published on Nov 29, 2011
Greedfest of overleveraged banks shelling out mortgages to those whose only hope of paying it back were the constantly growing house prices. We all knew it was not going to end well. Thanks to the governments trying to contain the situation by bailouts on a massive scale, we have now entered the meltdown that very few could imagine.
Never thought it would come this far. Hope it wasn't my fault...
<h2>Enough!</h2>
Published on Nov 25, 2011
Enough of politics and economy for now, I'm about to get some life. From now on, all of my web development switches to HTML5 with some JS for all of you poor old IE users there.
Banksta rap
Published on Nov 24, 2011
Banks are vital for the capitalist economy, whether we like it or not. So vital that the governments across the Western world pump more and more taxpayers' (or worse, new) cash into them. Thing is, failing of a business, the management of which repeatedly makes bad decisions is no less vital. Rewarding the failed enterprises with more money is economically and morally wrong. If they're so important for the economy and society to function, start a not-for-profit state bank. Or better still, let the bad banks pop and new, better ones take their place.
The price of property
Published on Nov 22, 2011
The insane property prices are just a little bit dented despite the economic downturn, thanks to the BOE keeping interest rate at its historical low for over 3 years and the government desperately trying every trick in the book to get the prices rising again. They say that economy will be hit if the real estate prices crash. I say, the economy will keep getting hit until they crash. Bring it on!
Number 10
Published on Nov 18, 2011
When David Cameron came to power, he probably didn't expect the state of affairs he's going to inherit. However, u-turns on any policy that that sparks even a slightest controversy will not sort the mess out. Grow a spine, number 10!
This shirt would look a bit odd in pink.
I (insert your feeling) modernism
Published on Nov 16, 2011
Despite so many failed attempts to use modernist design and typography in modern advertising, I am still in love with it. You see, when I had first seen the whole range between the harmony and proportions created by nature and the sheer might of the human brain inventing its own space and shape relationships based on logic, I thought there was nowhere else to go and the graphic design had reached its peak in early 1960s.
I no longer think it really is that simple; the approaches discovered by modernists has long become another tool in the chest. Still, the simplest approach is so often the most powerful.
Quick! Bail them out!
Published on Nov 15, 2011
Current European economic woes were definitely created by unsustainable public and private debt (which reached that level because Western governments had mismanaged the consequence of the growth of the world's workforce by about twice over the last 15 years). Whatever the right way to solve the crisis is, it's certainly not burdening said governments with even more debt. Why is debt-free steadily growing economy of Iceland not in the news?