It’s Finished is John Lanchester’s fascinating essay on just how fucked the British economy is. Reading it makes me glad that as much as the Aussie economy is buggered, it’s only half as buggered as everywhere else:

The RBS corporate report is like that. (So are their slogans: ‘Make it happen.’ Make what happen? A £100 billion tab for the taxpayer?) The section on corporate citizenship at the beginning is particularly good value. The firm is involved in plans to increase general levels of financial education. ‘When people have been educated about money and how to work with financial services firms they are more likely to make the right decisions and to avoid difficulties.’ That’s true, but you can also just rob post offices. ‘RBS is a responsible company. We carry out rigorous research so that we can be confident we know the issues that are most important to our stakeholders and we take practical steps to respond to what they tell us. Then occasionally, we blow all that shit off, fire up some crystal meth, and throw money around with such crazed abandon that it helps destroy the public finances of the world’s fifth biggest economy.’ See if you can guess which of those sentences is not in the report.

So to counteract gloomy financial news, otters.

Posted in General on Friday May 29, 2009.

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