Tuesday, 31 March 2009

Less Than A Day For The G20 London Riots

OK so we are less than a day away from the G20 london riots.  I work in the city in one of the largest investment banks in Liverpool Street and Im starting this blog as a view from what is going on from the inside.

If you've been living under a rock for the past year, the economic world is pretty much in the worst shite its been in since the early 1900's. 

The g20 group is just a list of the largest economies in the world, which represent about 84% of the entire world's economy - so it makes sense for these countries to come together to try and figure a way out of this mess.

This is why I think its crazy that people feel the need to protest in the square mile. I play an important function in the economy - without me prices wouldn't be able to stabalise supply and demand. Protestors are jelous that I am 23 and earning twice as much money as both their parents put together.

But still they feel the need to protest and riot and cause havoc at the g20 in london.

Whatever makes them happy I guess.

There's no need for the g20 riots. The aim of the sumit in London is to reach better monitoring of the banking industry, better communication between regulators, make it less easy for reckless speculatino on behalf of hedge funds and to put constraints on how much banks can lend (in the long run I mean).

Im not a fool though. I know that in reality there is no way to eliminate the billions of dollars of toxic debt. Maybe this is what the g20 london riots are about... actually I take that back, the protestors aren't intelligent enough to understand this.


  1. actually I take that back, the protestors aren't intelligent enough to understand this...


    I bet the protestors are intelligent enough to spell simple words correctly though.

  2. Thats what happens when you are staring at 6 screens for 13 hours a day without a lunch break - Id spell check it but I cant be fucked.

    You get the point anyway

  3. Well I must say it does wonders for your argument about how clever and important you are.

  4. dudes... both of you:

    protester, not protestor.

    and you banker type person:

    stabilise not stabalise

    how did you get all those A*s ?

    please could you explain further on your blog how, without you and your ilk, our bread and oil would be so vulnerable. although i am great at spelling, i do not understand economics very well. please explain, preferably while your ego/depressed and unfulfilled subconscious is on a tea break. thank you