“Remainers who wish to reverse the vote should go live in a banana republic, where reversing undesired vote outcomes is de rigueur.”
- Tweet from Deon Opperman; @deonopperman6
“Radiohead crowd left red-faced after applauding three minute guitar tuning, mistaking it for new song..
Tens of thousands of Radiohead fans embarrassed themselves at Glastonbury festival this evening after mistaking the band tuning their guitars for new material.
Many tweets were sent from members of the crowd during the incident, some claiming it to be the band’s best work since OK Computer. One fan described it as ‘minimalist, but also complex, emotionally raw, but still able to push the boundaries of what music can do.’”
- Story from the BBC News website.
There are a number of things you don’t want to hear a central banker say. One of those things just popped out of Janet Yellen’s mouth – “I don’t believe we will see another financial crisis in our lifetime.” That has to be up there with Irving Fisher’s deathless observation from 17 October 1929 that
Stock prices have reached what looks like a permanently high plateau
or John Maynard Keynes’ comparably adept forecast from 1927 that
We will not have any more crashes in our time.
So far, so anecdotal. How about some data to back up the thesis that, as Thorstein Polleit puts it, the Super Bubble is in Trouble ?