The Analysis That Should Not Exist (Part III)

It is interesting to see that even though the analysis that should not exist does not really exist, it is largely correct. The world is full of intangible presences made strong by suspicion and presumption, by pride and humour, by the odd determination that one's perspective is the only thing that makes the world make sense.

The predicted trend has indeed materialised; that which was bad is worse and that which was good is better. Those who were out of their depth are stranded (haha, a word with great import) and those who took to the water made it to the finish on a grand scale. As I said to the Heffalump last year, the results bear analysis for both good and bad; while he was not happy with the idea, it is clear that such analysis was necessary.

The problem with hidden interests is that they bear hidden costs. In the end, the undermining of the system and the flight of capital become critical; no institution can survive such a double blow, even if the senior workers are now encouraged to work until they are 65, as is becoming the norm in many modern states.

And thus do we conclude the analysis that should not (and indeed does not) exist.