global financial crash yay!

Mr. Tea

Mr. Tea

Let's Talk About Ceps
Wow, those are some fucking good drawings. You got any scans at a higher res?
 
Last edited:
rockypoppy2

rockypoppy2

wtf?
thank you both for the comments,

yeah i've got them uploaded on my site here and here

really i'm looking to flesh out a small series of neo-feudal drawings, i have ideas for another 6 or so but they are quite time consuming to produce
 
IdleRich

IdleRich

IdleRich
I'll bet they are.
So, anyone got any opinion on the JP Morgan fuck-up from a week or two back? Is Dimon gonna survive? Does it strengthen the cause of the regulators? My guess is no, everyone who was against any new regulation knew full well that this could happen so they're not exactly going to change their minds.
 
Sectionfive

Sectionfive

bandwagon house
Can't see much happening beyond brief egg on the face of a sector not known for humility. I've read and heard a lot of different people suggesting the moment for taking on the banks has past. Even though Id be suspicious of their motives you would have to admit that the will is dwindling in Europe at least and a lot of the big players are probably in stronger position then they were in 2008 despite all the instability. Even if the will was there I reckon there would be 80 ways around regulation before the ink is dry.


The Volcker Rule thing of separating retail and investment banking is one Id like to see so at least there would be some chance of limiting the damage in future.
 
rockypoppy2

rockypoppy2

wtf?
thank you mistersloane, luka and bruno - been a long while since i posted here

the drawings have appeared in a few places. I did my first one as an entry to a competition (Vent) protesting the hike in fees for architecture students, so it got a short airing at RIBA. Then i sent them along to the occupied times for them to use in their propaganda. Every so often i see them online in strange places but sometime this year i hope to be able to make some more if i get the chance.

Working 14hr days at the moment in japan, and am currently in the middle of making all the furniture in my room out of cardboard so, once thats done its back to the quill.
 
rockypoppy2

rockypoppy2

wtf?
PeteUM said:
Now I want to see the cardboard furniture...
Click to expand...

Not got much to show for myself on that front yet unfortunately. This is what i'm building at the moment;

image.jpg



Sorry for the derailment - relative to the global financial crash - I've been reading this presentation

http://www.zerohedge.com/news/big-reset-2012-and-2013-will-usher-end-scariest-presentation-ever

do any of you think that this is likely to happen anytime soon? Or is this apocalyptic scenario the preserve of the loons and survivalists, unfathomable for the masses? The guy who wrote it apparently was a respected banker, i know they got most of this crisis wrong, but is he just gassing off?

Also - Paul Krugman's lecture on the falacies of austerity economics in times of global depression is well worth a listen. I thought he was good on newsnight the other night, but this lecture fleshes out the economic theory a bit more convincingly for the laypeople like myself

http://www2.lse.ac.uk/newsAndMedia/...s/publicLecturesAndEvents/player.aspx?id=1494
 
rockypoppy2

rockypoppy2

wtf?
Edward Conard, Why Everything You've Been Told About The Economy Is Wrong.

Former managing director at Bain Capital, from 1993 until 2007, arguing that risk takers need even more remuneration.

http://t.co/nXFa8yDU

How does this narrative still hold any purchase amongst the population? Are we really supposed to think that most people are secretly crossing their fingers hoping to one day be in these positions of financial power, or that they really dont care they're savings are being gambled with?

What happened to enhanced regulation, or structural reform of the financial services sector? Isn't it ludicrous that casino banking is still running the world 4 years on from 2008?
 
You must log in or register to reply here.
Top