{"id":993,"date":"2008-11-27T23:07:31","date_gmt":"2008-11-27T22:07:31","guid":{"rendered":"http:\/\/blog.widmann.org.uk\/2008\/11\/27\/993\/"},"modified":"2008-11-27T23:07:31","modified_gmt":"2008-11-27T22:07:31","slug":"this-is-an-ex-financial-system","status":"publish","type":"post","link":"https:\/\/widmanniana.org\/blog\/this-is-an-ex-financial-system\/","title":{"rendered":"This is an ex-financial system"},"content":{"rendered":"<div style=\"float: right; margin-left: 10px; margin-bottom: 10px;\">\n<a href=\"http:\/\/www.flickr.com\/photos\/sfllaw\/6147193\/\" title=\"photo sharing\"><img decoding=\"async\" src=\"http:\/\/farm1.static.flickr.com\/5\/6147193_fe98567dfa_m.jpg\" alt=\"\" style=\"border: solid 2px #000000;\" \/><\/a><br \/>\n<span style=\"font-size: 0.9em; margin-top: 0px;\"><br \/>\n<a href=\"http:\/\/www.flickr.com\/photos\/sfllaw\/6147193\/\">Ex-parrot<\/a><br \/>\nOriginally uploaded by <a href=\"http:\/\/www.flickr.com\/people\/sfllaw\/\">sfllaw<\/a><br \/>\n<\/span>\n<\/div>\n<p>What do you do when a professor of economy at London School of Economics who is also the former chief economist of the EBRD and a former external member of the MPC <a href=\"http:\/\/blogs.ft.com\/maverecon\/2008\/11\/tits-on-a-bull\/\">writes this<\/a>:<\/p>\n<blockquote><p>This financial system is no more! It has ceased to be! It\u2019s expired and gone to meet its maker! It\u2019s a stiff! Bereft of life, it rests in peace! If you hadn\u2019t nailed it to the tax payer\u2019s perch it\u2019d be pushing up the daisies! Its metabolic processes are now &#8216;istory! It\u2019s off the twig! It\u2019s kicked the bucket, it\u2019s shuffled off its mortal coil, run down the curtain and joined the bleedin\u2019 choir invisible!! THIS IS AN EX-FINANCIAL SYSTEM!!<\/p><\/blockquote>\n<p>Do you laugh or cry?  Do you call for the champagne or the pistol?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ex-parrot Originally uploaded by sfllaw What do you do when a professor of economy at London School of Economics who is also the former chief economist of the EBRD and a former external member of the MPC writes this: This financial system is no more! It has ceased to be! It\u2019s expired and gone to meet its maker! It\u2019s a stiff! Bereft of life, it rests in peace! If you hadn\u2019t nailed it to the tax payer\u2019s perch it\u2019d be pushing up the daisies! Its metabolic processes [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99,159],"tags":[],"class_list":["post-993","post","type-post","status-publish","format-standard","hentry","category-economics","category-en"],"_links":{"self":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/comments?post=993"}],"version-history":[{"count":0,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/posts\/993\/revisions"}],"wp:attachment":[{"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/media?parent=993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/categories?post=993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/widmanniana.org\/blog\/wp-json\/wp\/v2\/tags?post=993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}