No real connection. For me Lent means a rather modest giving up of TV and chocolate – both of which I could anyway do with cutting down on. I suppose it allows me to feel an atom of solidarity with the Greeks with their current fight over EU imposed austerity. While one feels inclined to feel the Greeks should pay up for what they have borrowed one suspects that in principle the UK, US and others should also balance their book. And I’m sure if I was Greek I would have been caught out too.
Hilarious carry on at the Daily Telegraph. Peter Oborne has resigned as a political commentator on the paper owing to the apparently weak coverage in the Telegraph of the HSBC scandal over its Swiss subsidiary’s apparently helping people evade (that’s the illegal one vs. legally avoiding) tax. The point being that apparently HSBC does a lot of advertising in the Telegraph. He is obviously under the misapprehension that he was working on a serious paper which anyone who followed their climate change coverage could have told him was not the case.
The whole financial area continued to baffle. For example with the UK inflation rate now falling to 0.3% wouldn’t interest-paying products such as UK treasuries would increase in value, but then I’m forgetting that maybe interest rates will have to rise to stave off deflation??? Must try to understand this stuff …
unreceivedopinions 