Today we still have the same amount of debt, but it belongs to governments. Normally debt would get destroyed and turn to air. Debt is a mistake between lender and borrower, and both should suffer. But the government is socializing all these losses by transforming them into liabilities for your children and grandchildren and great-grandchildren. What is the effect? The doctor has shown up and relieved the patient’s symptoms – and transformed the tumour into a metastatic tumour. We still have the same disease. We still have too much debt, too many big banks, too much state sponsorship of risk-taking. And now we have six million more Americans who are unemployed – a lot more than that if you count hidden unemployment.
Nassim Taleb, “We still have the same disease”
About
I'm Alex, and I'm Head of Digital Strategy at Ogilvy Melbourne & DTDigital. I spend most of my time thinking and writing about culture, brands, and advertising.
This Tumblelog is where I post random stuff that I find around the internets. Sometimes I have original ideas. Most of the time I collect ideas from others about how we're finding new ways of expressing ourselves, connecting with each other, and doing business.
So you'll find me posting a lot about new media, old media, what's happening in the business world, advertising, finance, and politics.
And of course the more interesting things in life: contemporary culture, music, art, travel, fashion, pretty pictures, books, magazines, movies, eating, and drinking. Some stories and photos from my life around Melbourne. Not to mention the kind of wonderful and strange humour you can only find on the web.
Find me on Twitter, LinkedIn, Flickr, Facebook, FourSquare, FormSpring or email me at alexjcampbell@gmail.com.
Any views expressed on this blog are my own and do not necessarily reflect the views of my employer, my clients, or Batman.
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