World Turned Upside Down

"For 30 years, greedy, callow, ignorant financiers, supported by no less callow politicians from all the political parties, have proclaimed the wonders of financial innovation and how proud we all should be of the City of London. The price tag for their behaviour is an economic calamity. We should never have bought such snake oil."

Will Hutton in the Observer yesterday

The feel of England is just about to flip over.

The present circumstances are bound to lead to a bit of soul searching: if we're not The City, what are we?

If you have ever even asked that question, let alone have an answer, the tide is now running in your direction at a ferocious pace.

So we had better make the most of the chance.