Weekly Business Review - 20 Jan 08








20 January 2008

“Compound interest is the most powerful force in the Universe.” – Albert Einstein

Linden Labs' moves to dismiss concerns that their sudden action to ban the payment of interest would have anything other than a salutary effect on the SL economy featured a truly stunning demonstration of the Art of the Spin by Patch Linden and a shameless misrepresentation of their economic data to “prove” themselves right. Meanwhile SL banks and businesses continued to ask themselves, in the immortal words of Fleetwood Mac, “Is it over now? Do you know how, to pick up the pieces and go on?”