“Gold – a six thousand year-old bubble”
- Headline of an FT piece from 2009 by Willem Buiter.
There are still reasons to like Mel Brooks, and most of them are in ‘Blazing Saddles’. As with the output of other writers and directors, it’s always the early, funny ones that last. Brooks’ 1974 Western spoof happens to give us the perfect embodiment of the witless bundled morass of hugely conflicted high absurdity and outright surrealism that constitutes today’s financial markets and the major players within them (sovereigns as well as banking institutions). Take the sequence where new sheriff and gentleman of colour Bart is attacked by a raging mob. To divert them, he holds a gun to his own neck. Of course, in the face of such dramatic posturing, the townspeople have no choice but to back down.
To read more,
Download Robot judges and the watched pot
Comments