Saturday, 17 April 2021

the rose of cimarron (and the coming financial bubble)

RIP norman rusty young steel guitarist. member of poco, writer of rose of cimarron.  it's fairly epic (ending in strings). 

there was the best explanation yet of NFTs yet 'a new manifestation of a very old form - the financial bubble'. 

there is lots of cheap money sloshing about the world finance system released by governments to make up for the 2008 financial crisis. not all of it is going to be sensibly invested. 

last night horsemouth watched the perfume of the lady in black (1974) a minor giallo staring mimsy farmer with a slight alice in wonderland element. he'd attempted to sit out in the garden and read but the sun was too intermittent and the wind too cold. yesterday was mainly taken up with horsemouth's blogpost on tendentious topics. 

today it's a bright sunshine-y morning but cold-ish, certainly good until 2pm and possibly until the evening. horsemouth is continuing to investigate works proposed restructuring and to have a think about what he wants. he's agreed to some work tuesday (it will help bump up his wages).  wednesday a meeting of the collective endeavour (leading to the AGM on zoom wednesday the week after next). friday the consultation meeting on the restructuring of horsemouth's work. 

horsemouth is somewhat surprised to have the post covid economic slump come and find him so early, he never saw it coming. but  the truth is that where he worked was the low hanging fruit of the crisis and easily picked, it was on a branch away from the main activities of his employer, it was inherently risky given the difficulties of predicting demand. 

in a way perhaps the thing to do is to embrace the change (that said horsemouth does like his comfort and predictability).  

the week after next - may eve, may day, the anniversary of the death of the reverend gary davis, the mayoral and local elections, bandcamp friday. 



 


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