Category Archives: economy

Bank securitisations – A reply to Calum Cashley

Yesterday evening around 8 pm I posted a reply to a comment in a blog post by Calum Cashley, the SNP candidate for Edinburgh north and Leith.  22  hours later Mr Cashley has not moderated my comment, and hence has not published it on … Continue reading

Posted in credit crunch, economy, scottish politics, Uncategorized | 3 Comments

Don’t mention Iceland – I did once but I think I got away with it

This story has two beginnings.  The first is a tale grossly over-simplified. In the beginning there was securitisation, and the lawyers and the financiers looked on securitisation and it was good. "“The article … addresses its core question: is the securitization process … Continue reading

Posted in credit crunch, economy, scottish politics, Uncategorized | 2 Comments

HOuse price inflation

Don’t believe all you hear about house prices when you see how much 3 bedroom houses in Dollar are being advertised at. Of course, there’s always the possibility that someone has screwed up.

Posted in economy, news, Uncategorized | 1 Comment

A modest proposal to kick-start the economy – number 94

Given these consumer developments in China can I suggest to the Treasury that Alistair Darling and Prudence the Presbyterian innovate and create some new purported mythological basis for associating different years with different consumer items.  This could involve the attribution of … Continue reading

Posted in economy, politics, Uncategorized | 1 Comment