Sunday 14 September 2008

I have sore hands and am pretty tired


but I really think that I need to finish building this Ark in the next few hours :-) It has been hosing down here since Friday night- perfect time to be heading off to the mountains for a few days on holiday..... NOT!
We will pack up our gear and hopefully get up there this evening- the weather report for tomorrow is already a little better and I really want to take some photos up in the Engadine and the National Park. There should be lots of large animals about and with a little luck we will be able to get some photos of them, the park in general and also some of the lovely old villages in that part of the world.
I had an interesting conversation yesterday afternoon with a friend who is also involved in the financial markets- we discussed the US Fed's policy thus far of stepping in and helping to clean up whenever there have been major problems with American financial institutions. This "death by a thousand cuts" way of doing things is difficult for the markets as well as being costly for the taxpayers- perhaps it would be wiser to let asset prices fall a bit more and then wait for natural buyers to support the market when valuations reach "bargain" levels. There is not a lot of good economic news around at the moment and it will be a while before US consumers (and indeed European and Asian consumers as well) open their wallets, let the cash flow and kick-start the economy again.
I hope that all of the Mooses (Marty, Mummy, Noodle and Monster) had a great time with Mickey Moose in Anaheim and manage to get home safely.

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