Whatever the merits of the building itself and even Alexandrian critics admit they sorelyneed a classy modern monument serious questions have been raised about the expense, appropriateness and utility of the library.
Our assumptions about modern-day China have been sorely tested in the last year, and we need to begin thinking of the national security implications of our economic relations with Beijing.
The problem is that until banks have all the capital they need, and as I have already mentioned, all the banks will be sorely tempted to boost the ratio of their capital to assets by lending less, to shrink the denominator in the calculation.