It's nice to be agreed with

Every year, the US has to borrow around 6 per cent of its GDP just to pay for its imports. Until a few months ago it was able to do so. Foreign investors were impressed by the sales pitch they got from the US banking community: buy these sophisticated financial instruments our brilliant maths experts have created and you will get a higher return than you can get from anywhere else. Now those US bankers don't look so smart and more than one non-US investor has indicated to me they felt they have been stuffed with rubbish. They won't trust those bankers again.

Trust in US financial sophistication has been shattered. The problem is not just the dollar; it is the integrity of US financial institutions. The pitch that the US has more transparent and more resilient markets than other countries is no longer credible.

From here.

Death to analogue!

First town in the UK goes completely digital for TV here

and

PC World stops selling CRTs here

Anyone know how Digital Radio is coming along in marketshare?

Group Therapy

Just back from writing group (you can find the results in the usual place - manyheadbones). Great fun, even if the one with the mice managed to disturb everyone, including me.

I've also noticed that I managed to leave most of the entries from two weeks ago locked, so you couldn't see them! Have now unlocked them, so the 5 of you who actually care can now see the back catalogue :->

LJ Help?

Anyone tell me if there's a why to pull out all the entries by a particular user in a community?