Tuesday, 6 January 2009
You've Seen Demolition Man, That's What Is Going To Happen
I overheard an inspired conversation today at the barber's, between cutter and cuttee, who worked in the finance sector. The money man was explaining the possible ramifications of a laissez faire policy towards banking regulations in the current climate (or something, money talk makes me switch off). Consumer confidence, he said, increases in those banks with a more 'stable' reputation, and so they become dominant, which makes them even more 'safe'. The opposite occurs in those with rocky foundations. The barber paused mid-snip;
"so it's a bit like Demolition Man, in the future, where every single restaurant is a Taco Bell?"
I think this might be the closest I've ever got to understanding economics. Also, I've developed a new found respect for Wesley Snipes and his sage-like powers of premonition.
I do love a good eavesdrop.
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