{"id":700,"date":"2008-09-16T21:48:32","date_gmt":"2008-09-16T19:48:32","guid":{"rendered":"http:\/\/www.toomik.net\/helen\/blog\/?p=700"},"modified":"2008-09-16T21:48:32","modified_gmt":"2008-09-16T19:48:32","slug":"collapsing_dominoes","status":"publish","type":"post","link":"https:\/\/www.toomik.net\/helen\/blog\/2008\/09\/16\/collapsing_dominoes\/","title":{"rendered":"Collapsing dominoes"},"content":{"rendered":"<p>\nI&rsquo;ve been following the news about the financial crisis more than the average person, because I used to work in that industry. Even so it was a shock to hear that two more investment banks are gone: <a href=\"http:\/\/news.google.com\/news?hl=en&#038;nolr=1&#038;q=merrill+lynch&#038;btnG=Search\">one selling itself<\/a> and <a href=\"http:\/\/news.google.com\/news?hl=en&#038;nolr=1&#038;q=lehman+brothers&#038;btnG=Search\">the other bankrupt<\/a>. I knew things were going badly, but not that they were this bad. I find some pleasure in the fact that the bank I used to work for hasn&rsquo;t collapsed yet, but I wonder what the mood is like, and how much the firm will have to change due to the crisis.\n<\/p>\n<p>\nI&rsquo;m glad we didn&rsquo;t have the means to buy a home when we moved to London 7 years ago &ndash; otherwise we would have had to either postpone our move back to Sweden, or to try and sell a home in this year&rsquo;s stagnant market. And it was really lucky that we found a house this spring &ndash; if we had been looking now, we wouldn&rsquo;t be able to buy anything, because the market is all but standing still.\n<\/p>\n<p>\nWhen all this is over I will have to try to find a good book about this crisis. I&rsquo;m losing track of all the collapsing dominoes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&rsquo;ve been following the news about the financial crisis more than the average person, because I used to work in that industry. Even so it was a shock to hear that two more investment banks are gone: one selling itself and the other bankrupt. I knew things were going badly, but not that they were [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-700","post","type-post","status-publish","format-standard","hentry","category-current_affairs"],"_links":{"self":[{"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/posts\/700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/comments?post=700"}],"version-history":[{"count":0,"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/posts\/700\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/media?parent=700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/categories?post=700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.toomik.net\/helen\/blog\/wp-json\/wp\/v2\/tags?post=700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}