Tuesday, April 14, 2009
The Financial Crisis
Like most people I'm sure, I find the whole thing very bewildering. Also, it is taking place at such a grand scale I find I just can't get as worried about it as I feel I should, like the part of my brain that worries about things is being overloaded to such an extent it's switching off. Or at least focussing on more mundane matters, like what do you call this:
0.25%
I used to think it was called zero point two five percent although apparently it can also be called point two-five of a percent, point two-five of a percentage point, or twenty five basis points. I like "basis points" best, it has a dramatic ring to it.
0.25%
I used to think it was called zero point two five percent although apparently it can also be called point two-five of a percent, point two-five of a percentage point, or twenty five basis points. I like "basis points" best, it has a dramatic ring to it.
