with most of the world's major central banks having cut interest rates today, one would have hoped for an improvement in market conditions........ This beast is far too big for a rhino gun- I dunno how we are going to stop it. The UK Treasury have made plenty of capital available for the banking sector after seeing a couple of their leading names take a severe hammering on the market at the start of the week, Iceland is going to become a suburb of Moscow and Australia will disappear entirely from the map.
We are definitely going to face a different-looking world in the months and years to come..... I hope that someone out there likes it.
Not too much news- I didn't take a photo for my project today, but hope to catch up and get something worthwhile tomorrow. Gary and the kids are down in the country and the Northbridge gang are in sunny Queensland (but hey, if it is 30°+ in Sydney, why do you want to go further North??) Have fun and don't forget the postcards xxx
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