Tag Archives: recession

The ugly honesty of a financial trader

We revel in your misery – should that be the official slogan of financial traders? (Could double up for journalists too I suppose – suffering makes news.)

Trader Alessio Rastani was interviewed on BBC News recently. He was frank. Honest. Too honest?

And the truth was ugly. “I go to bed every night and I dream of a recession.” He wants it. Have a watch Continue reading

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Recession books

Oh no! The worldwide credit crunch is now transforming classic literature!

Animal Farm Closure has just been released in a Costcutting Special Edition – with recumbent penguin. Well, the cover has anyway. What would George Orwell make of it?

So what will be next to feel the impact of the recession?

Gullible’s Travels suggests Wuthering Depths.

 Can other famous books be far behind? Continue reading

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Feeling redundant? Be thankful you’re not an Irish racehorse.

Shergar - One titan of the turf to escape the knacker's yard. (Or did he become the world's most expensive hamburgers? The mystery continues...)

I could have called this – They shoot horses, don’t they? But with friends going through or facing redundancy – or like myself having been made (voluntarily) redundant – I’ve gone a different direction.

I’ve been told I have a tendency – a talent or a failing – to see positive aspects to seemingly dire scenarios. Perhaps this is an example. So without wishing to minimise the pain of redundancy, it’s better than a quick trip to the donkey butcher.

Or perhaps this would work better as a metaphor for Ireland’s current economic ills. In fact, skip the metaphor, it’s a direct result of it.

If you’re an animal lover, look away now. (Though there are a couple of very cute horsies at the bottom.) Continue reading

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Revealed: The road to economic recovery

I hope the Federal Reserve, the Bank of England, the IMF and World Bank, and all you other financial institutions around the planet are keeping a sneaky eye on this blog. Because this could be the way out of recession. I should warn you that it involves front fastening magnetic bras. And jugs. But don’t go jumping to conclusions too quickly… Continue reading

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