Wednesday, March 17, 2010

Life imitates racing

Never mind boozenomics, there is a especially piquantly named horse running at Cheltenham today. Quantitative Easing is, at the time of writing, the 7/1 favourite for the Coral Cup. Lots of punters will be hoping for a cash injection to stave off disaster, but failure will certainly bring about widespread deflation and maybe even a depression.

Unlike real life (I hope), in this race if Quantitative Easing fails, Deutschland could be ready to step into the breach. Beware Wishfull (sic) Thinking, however.

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Blogger James Wilson said...

Norfolk and Chance, as the apocryphal racehorse was known.

4:39 pm  

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