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The author (Matt Ridley) has an interesting story actually. He because chairman of Northern Rock, following in daddy's footsteps and oversaw it as it went spect
by crdoconnor 9y ago
The author (Matt Ridley) has an interesting story actually. He because chairman of Northern Rock, following in daddy's footsteps and oversaw it as it went spectacularly bust - the first run on a UK bank in 150 years.
Now he appears to be cheerleading for another industry (fracking/oil) that is piled high with debt:
http://www.econmatters.com/2014/07/oil-companys-fracking-debt-treadmill.html http://www.econmatters.com/2014/07/oil-companys-fracking-deb...
You could probably run a profitable hedge fund that simply bet against his predictions.