This blog presents only my personal opinion and not that of my employer. ‘Top of descent’ makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis.
Oliver Wendell Holmes, an American physician, poet, professor, lecturer, and author, said that only fools and dead man never change their mind. So whatever I post here at a given time represents only my thoughts at that specific time. Nothing more, nothing less and I can and will change my ideas as time passes by without having to apologise for it.
I do not have any sort of economic training (I’m an engineer). I was recently asked why I have such an interest in economics and finance: as a kid I wanted to know how everything works so I became an engineer. Then I realised that to understand how the world functions, it is necessary to comprehend the functioning of the political, economic and financial world. I do not pretend that I got it all sorted out. All mistakes and errors in my blog are solely due to my ignorance and lack of understanding. This blog is merely a reflection how I see the developments around me with all restrictions that this implies and without any pretention.