“Easy is the descent into hell, for the door to the darkness below stands open both night and day. But to be able to retrace one’s steps, to return once again to the breezes and brightness above– that is the greater task, that is the challenge.”
Virgil, Aeneid
“There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It’s the system…
The tragedy of life, Howard, is not that the beautiful die young, but that they grow old and mean.”
Raymond Chandler, The Long Goodbye
Some interesting links if you have time;
China funding Gazprom
https://www.rt.com/business/334396-gazprom-china-loan-deal/
Oz banks rigging rates too
http://www.abc.net.au/news/2016-03-04/asic-takes-action-against-anz-for-alleged-rate-fixing/7221306?section=business
Trying to turn BS into science
http://www.sciencemag.org/news/2016/03/about-40-economics-experiments-fail-replication-survey
Pot calls kettle black
http://www.bloomberg.com/news/articles/2016-03-04/china-said-to-intervene-in-stocks-before-annual-policy-meeting-ildgxzf1
@Thaisleeze: Thanks for the links. I don’t always have time to check each out but they look interesting and expand the discourse.