Simon English: This is alarming, but not nearly as scary as 2008



End of the world starts tomorrow. Again. It's tin hat time. Again. Send for lawyers, guns and gold.
If you're getting tired of this script, that's perfectly understandable. According to the doom-mongers, the eurozone has been in crisis since at least 2009. Or since the euro itself came into existence in 1999, if you really insist.
The dictionary says that a crisis is a time of "intense difficulty, trouble, or danger".
If you believe what you read, that sounds like a fairly permanent state of affairs, so it can't really be a crisis.
Crisis, says Websters, is also a time "when vital decisions mustbe made".
Here's an alternative view. Don't do anything whatsoever. And... read more

 
8 May 2012 in Business, Views: 3
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