Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Tuesday, January 27, 2009

How to Turn a Recession into a Depression, Pt 139939


Pump liquidity into moribund industries, without creating the incentives or oversight necessary for structural reinvention and radical innovation = propping up yesterday, instead of investing in tomorrow.

Excellent move - if you're short the pound.

-- umair // 12:49 PM // 0 comments


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