tag:blogger.com,1999:blog-9901815.post9021490071861155059..comments2023-06-04T14:47:02.324+01:00Comments on a sideways glance: Market meltdown and the millennium development goalssimonhttp://www.blogger.com/profile/13470335172330595542noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9901815.post-32080023050963308752008-09-22T22:44:00.000+01:002008-09-22T22:44:00.000+01:00While the world of ministry is better off for havi...While the world of ministry is better off for having you as a part of it, it's a pity you're not still a financial journalist and asking these quetions! MargaretAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9901815.post-80987320777788100442008-09-18T09:06:00.000+01:002008-09-18T09:06:00.000+01:00Hi.My first degree was in economics and am now a B...Hi.<BR/><BR/>My first degree was in economics and am now a Baptist Pastor. For my dissertation i looked at the 1990 crash and have been waiting for this one for the last 2 years. <BR/><BR/>I totally agree with your comments. It makes me so angry that when everything was going great and the banks were making shed loads of cash the cry was "free market". (not too disimilar to the energy firms now!) But when it goes wrong, the government (which means taxpayers money) is used to bail them out. Of course i know that not doing so may be worse in the long run for the taxpayer anyway - but it is so wrong that those that made the mess will pretty much walk away and enjoy a nice retirement in luxury. I heard one bank exec talk about a lesson had been learnt about liquidity. I thought they taught that in GCSE Economics. <BR/><BR/>Another song writer wrote "history she keeps on and on, repeating herslef". So only another 25 years till the next financial meltdown then!Iain Stephensonhttps://www.blogger.com/profile/05106179505664825939noreply@blogger.com