At Davos Brown has said the global financial reminds him of Titian the famous painter who after finishing his 100th painting at age 90 said he was only just learning how to paint.
As opposed to Brown who after 10 years in charge of our economy realised he had not a clue that loads of debt was bad and that low savings was also bad. In fact if lenders are allowed to relax lending criteria and create a housing bubble, then this is learning the lessons rather than a resigning matter.
Who established our regulatory framework that failed to regulate the banks properly?
Saturday, 31 January 2009
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4 comments:
I didn't see this interview on Sky but will try later. All very worrying this inability to face up to reality from the saviour of the world.
Delusion and self belief combined in the most ghastly git ever to (not) grace 10 Downing Street.
YEP - delusions of grandeur or as I like to say - bonkers
'tis a shame Cameron didn't try an intell;igent response like this rather than prattling on about Titian's age when he died and then getting one of his cronies to try and change a Wikipoedia entry so that that agreed with what he (Cameron) said Titian's age was when he snuffed it. Now the Tories have been found out they look rather silly. Nochange there then I guess ...
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