Monday, October 6, 2008

OF BULBS AND BUBBLES

The current financial crisis may have lots of investors sitting at the edge of their seats wondering when the next shoe will drop, but the BBC's Lisa Jardine has a very interesting point of view on the matter, titled "Of bulbs and bubbles".
The piece is well written and researched, something often lacking in general news writing and business features.

"What we can be sure is that the growth of sophisticated financial systems will continue to play an important role in fashioning the changes in all of our lives, including funding (often speculatively) the technologies that have transformed our world already from an agricultural to an industrial economy, and are now perhaps shaping the first post-industrial information economy."