Tuesday, 19 August 2008

Kenneth Rogoff: the end is nigh!

Dear oh dear. Well, I'll let him have his say.

Kenny says: 'We're going to see a giant bank, one of the big investment banks or big banks, go down, down, down into the pit! Sucking its employees ever deeper into the darkness of an ancient chaos. The gods will cry. Angels will bleed. I've seen it! Rune stones told me! We have to see more consolidation in the financial sector before this is over.'