David Raffin
09/18/08

Credit Crunch

Attila The Stockbroker:

Even before the ‘credit crunch’ (what a spin doctor euphemism! ‘Tarquin, how do we deal with this one? I know, Giles, let’s make the international crisis of capitalism sound like a new breakfast cereal!) there was a growing groundswell of popular anger against ‘fat cats’, the every growing gap between rich and poor, and above all the blatant profiteering of the privatised utility companies, the most glaring example of what happens when services essential to all are turned into cash cows for a few. Now this groundswell has turned into a tidal wave.

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