IT IS far too nice a day to be deciphering what Guy Rundle is on about. For those with the fortitude and stamina, here is a sample:
...hollowed-out Anglosphere economies are hostages to stagnant capital. Thus, when Saab, one of Sweden's five auto manufacturers, failed after the global financial crisis, it could be allowed to do so, with no social cost. When General Motors teetered on the brink in the US, the government had to buy it, or face an implosion in the economy.