Information Landmine

"The Americans keep telling us how successful their system is. Then they remind us not to stray too far from our hotel at night." - An un-named EU trade representative quoted during international trade talks in Denver, Colorado, 1997.

Tuesday, October 14, 2008

Well there's a comforting thought...

From the FT:

The world's stock markets reacted positively to the gathering campaign to bail out the world's troubled banks, with governments on both sides of the Atlantic announcing measures to restore liquidity and inject fresh capital into their ailing banking systems... It was the best day for US stock markets since the rebound following the great crash of 1929.

Well that's reassuring.


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