Will your pension provide for your old age?
11 hours ago
Monday, 10 November 2008
Crunch explained
In a very readable Guardian article, John Lanchester explains the crunch and asks whether our view of the markets can ever be the same again.
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The full article by John Lanchester is in the London Review of Books at:
http://www.lrb.co.uk/v30/n20/lanc01_.html
That issue of LRB also contains an article by Donald Mackenzie on the importance of Libor.
http://www.lrb.co.uk/v30/n18/mack01_.html
Interesting that Lanchester is a novelist and Mackenzie a sociologist.
Thanks for mentioning this. Lanchester seems to be insightful and civilised. His article on Rupert Murdoch is well worth reading as well.
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