A review worth Reading-How the Money speculators took the world for a ride.

From the New York Times comes this gem of a book review recounting how the money speculators thought they had a magic solution to make debt disappear.
http://www.nytimes.com/2009/06/14/books/review/Barrett-t.html?_r=1&8bu&emc=bua2

One wonders if the Engkeylish NACT government has learnt anything about economics considering that the PM was a key player on the money speculation market and his present puppet masters English & Hide are devotees of the mysticismof speculative policies, privatisation and the mantra "the market will regulate itself."

IRONIC COMMENT ON MONEY MANAGEMENT

The NZ Herald runs a cartoon strip in its business section that provides a great insight into the money management skills of the merchant banking class experience in which John Key claims an ability to manage an economy. If the latest strip is anything to indicate confidence in such experience one must assume that to give Key and his advisers access to a macro-economic situation would seriously endanger the economy as rumour and mis-reading of information would take precedence over rationality.