Because Bankers Measure Their Self-worth In Money,

The Year 2008 Was A Reminder To Those Who Had Forgotten That There Is Such A Thing As History And That The Cycle Of Famine And Feast In Commerce, First Identified In Antiquity And Well Understood In The Middle Ages, Was Not Suddenly Abolished In Modern Times.

Viewed From A Distance, Or Through The Eye Of The All-knowing Ceo Of The Universe, The Crash Of 2008 Followed The Usual Pattern. A Long-lived Boom Driven By Cheap Credit, Going Back As Far As 1982 (though Subject To Interruptions In The Mid-1980s And 1990s, And In 2001), Came To Grief Because Of A Rise In The Cost Of Borrowing Money.

All Uk Nuclear Power Stations Should Be Shut Down Without Delay.

Governments Of Rich Countries Spend Some $6bn Of Tax Money A Year On Disaster Relief And Development Aid Overseas, While Each New Earthquake, Famine Or Tidal Wave Can Attract 1,000 Aid Organisations, From The United Nations Children's Fund And Oxfam To The 'jesus Brigades' Of The American South And Other Charitable Adventurers.

Profits In Business Always Depend On The Rate Of Interest: The Higher The Interest, The Higher The Rate Of Profit Required.