Blog posts tagged "Recession"

April 22, 2009 11:48 am 8 Comments

This is a day on which you will need to know what a trillion looks like. We are working on a physical representation of what a trillion pounds looks like. But just for guidance, go to YouTube (see below).

April 2, 2009 9:42 am No Comments

Welcome to the end of the earth. Welcome to the land God forgot.. I am in the ExCeL centre. But worry not, the ExCeL centre excels at nothing. It has the shared misfortune with 20 of the world’s most powerful leaders of being the place that this summit is being held.

March 30, 2009 11:26 am No Comments

I’m in a high-speed inflatable on the Thames, south of the barrier. What a godforsaken spot! The ExCeL centre where the G20 leaders will meet on Thursday is flanked by a large scrapyard and rather forlorn-looking Victorian dock.

March 26, 2009 11:49 am No Comments

My seasoned and accomplished contact who operates in the highest echelons of the multinational world reports attending a number of gatherings of economists over the past few weeks. He says they are all, without exception, pessimistic. He’s not entirely convinced they are right. And nor am I.

March 18, 2009 5:05 pm No Comments

AIG, the US insurer which got through $170bn of taxpayers’ money in order to survive and then had the cheek to pay $165m of it to dozens of senior executives, is up before a congressional committee today.

March 17, 2009 6:23 pm No Comments

Is the tie a reliable “economic indicator”? My tie maker, Victoria Richards, reveals that the tie may be a rogue indicator. I ring her to ask if she has any new ones coming along. Our normal deal is that she bungs her latest “tie run” into a minicab. I then go through them, choose five [...]

11:21 am No Comments

Whilst this may appear somewhat Londo-centric, I am increasingly coming to recognise the London taxi cab as a credible “economic indicator”. Most times I am observing astride by bicycle, but on occasion I am in one, sometimes even with the said conveyance.