Blog Review 520


A place or country can look wealthy and not be: it depends upon whetther it was wealthy at some point or not. This helps to explain the Argentine debt default, so it is said.

A similar point made here about Zimbabwe. 

Opposing government action is not the same thing as opposing the goals of the well-meaning advocates of such government action. 

That surge in American house prices in recent years: not so much about an increase in mortgage affordability, more an increase in mortgage availability. 

To segue to Northern Rock: yes, we taxpayers will be making the contributions to the Northern Rock Foundation. My, there are a lot of Labour Party MPs in the North East, aren't there? 

Gaining links by the day: correcting Nick Clegg on a matter of corporate accountancy.  

And finally, this might be going a little far, even for theocrats.