Nick Leeson is one person who knows what's what in the "market". He thinks ego, a feel-good factor, and an addiction to making money is part of it. He also thinks central banks are out of the loop.
Maybe Mervyn King needs a crash course in "How to understand duckers and divers" and "Controlling the spivs and the shysters". Only a 90% pass mark will do!
The nationalised railway loses too much money with poor service
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The present debate about whether to nationalise the railway overlooks one
crucial fact. In 2002 Labour did nationalise all the track, signals and
stations ...
18 hours ago
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