Tuesday, May 31, 2011


"Alex" is wonderful satire, in The UK's The Telegraph, on current topics in the world of international finance.

This one is priceless. We hope The Telegraph do not mind us reproducing it in full.


Blogger Physiocrat said...

Nice. But what exactly has moved offshore? Truckloads of their money, in bundles of £50 notes? Containers filled with their furniture? Their houses, dismantled and put onto low-loaders?

None of the above of course. And that is the trouble with economics as presently discussed and commented on. It does not look at actual physical objects and the real movements and transformations they undergo. The subject is so abstracted that we have all been able to lose sight of these underlying realities.

10:37 pm  

Post a Comment

<< Home