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Weekend reading: All abroad

Money articles

My regular Saturday comment followed by this week’s blog and financial site links.

Straight into the links this week, as by the time you read this I’ll be somewhere in Eastern Europe, visiting my girlfriend who is doing some research work and eating too many pigs.

This is not the first time her work has taken her there, and it’s not the first time I’ve visited the area, which is one of Europe’s most ‘charmingly undeveloped’ regions. The sort of place where a man might boast on the first date about how many goats he has.

On the one hand, it’s retro frugal, and often beautiful. It’s also interesting and sometimes moving to see a whole nation trying to build a country they can be proud of for the 21st Century .

On the other hand, it’s depressing poverty and corruption, which my girlfriend tends to see as an exciting difference and I see as unlucky for people who still live four to a room, plus the pig.

On the other, other hand – yes, three hands, I told you it was rural – she is trying to do something about it, whereas I just assume that capitalism will solve the problems while undoubtedly creating new ones, whatever people like her do.

The truth probably lies somewhere in between. Nevertheless, it’s more surprising to me than it should be how one can still find such regions in Europe in 2009. It’s good to have your eyes opened to other realities.

I ended up waffling – so now the links!

From this week’s personal finance blogs

  • Why do competing stores open next to each other? – Weakonomics
  • Why credit cards rule over debit cards – Moolanomy

Other interesting financial and money articles

  • The Queen’s Speech bills (we can’t afford) – The BBC
  • Low-grade bonds rallying as investment grade bonds get pricey – FT
  • Merryn capitulates and buys some stocks (including the Munro fund, which is an occasional Monevator reader!) – FT
  • A few ways to invest in Russia – FT
  • Wealthy savers moving from cash to bonds – The Times

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{ 2 comments… add one }
  • 1 Financial Samurai November 21, 2009, 6:20 pm

    Nice, thnx for the link. The pingback works, which is surprising b/c sometimes it doesn’t!

    What do the english do for the weekend? Here in the US, all we do is watch American football!

  • 2 the weakonomist November 22, 2009, 2:16 am

    Thanks for the link love my friend.

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