The View From The Bridge

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Reflections on 2012 – December 19th 2012

As ever the “View” cannot see into the future with any clarity, so here are some quotes gleaned during 2012; some contemporary, some timeless. Enjoy your Christmas festivities and may 2013 bring everything you wish for.  Firstly two messages for our central bankers “There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a…

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Plus ca change – December 13th 2012

“Solidarity in our union is alive, ‘Grexit’ is dead. Greece is back on its feet. The sacrifices of Greek people have not been in vain. It’s not only a new day for Greece, but also a new day for Europe.”  Greek Prime Minister Antonis Samaras declared that the Grexit era was dead; speaking in Brussels to reporters after the Eurogroup approved the mammoth bailout fund of €52.5 billion. Plus ça change, plus c’est la même…