15 September 2008

Maybe Karl Marx was right

OK, so maybe my last post was a little parochial in the light of the fact that the world's financial system is this morning well on its way to hell in a handcart. Despite a temptation to rejoice at the discomfiture of bankers everywhere, the present crisis is not going to do anybody any good.

Besides, my few remaining bawbees are with the Bank of Scotland, which - the BBC tells me - is the biggest loser in this morning's stock market crash. Its shares are now worth a meagre £2.37 each, compared with over £9 a year ago.

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