Yes, you read that headline correctly even though it appears to be one of those random selections of words in grammatical order that you usually see in spam email subject lines. I spotted the story below via a link at Dick Puddlecote's and after alternating between...
Amusing Bunni’s message to Gordon.
I spotted the picture below, which neatly sums up what a large number of people are really thinking, over at Amusing Bunni's place : Further comment is unnecessary I think.
Sarkozy puts his foot in it.
Following on from my last post on the EU and IMF potentially in line for a stuffing of their own, Zero Hedge has a very good summary of what appears to be going on in Euroland. One highlight from the article is the possibility that Sarkozy has lined himself up for a...
EU and IMF – not waving but drowning?
Over at FT Alphaville, an interesting (and rare) Saturday guest post from Pimco’s chief executive Mohamed El-Erian on the EU's seemingly new found determination to actually sort the current mess out : Yesterday night’s important news out of Europe points to renewed...
UK Election Result – Pravda Version
An interesting take on the UK election outcome from Pravda (the Russian one, not the BBC) which made me choke on my coffee whilst reading it. Britain Does Not Want Cameron: British Press Get It Wrong! Green Party gets the first Member of Parliament – Conservatives do...
Euro rumours
Zero Hedge has an interesting rumour regarding the possibility of the ECB announcing a €600 billion loan facility to aid European banks this weekend. Full text, along with a selection of the (most amusing) comments below : Euro (and the market) surging on rumors that...
Elections and Monkey business.
Well, what a complete cluster fuck that turned out to be! Having spoken to a lot of people about politics in general over the last few weeks, I can't say I am exactly surprised with the outcome. The majority of people form their opinions based on conversations with...
US reduces debt funding requirements.
The United States Treasury announced yesterday that it will reducing monthly bond sales by $3 billion amid signs that this years borrowing requirements will be lower than forecast. The Wall Street Journal reports as follows : NEW YORK (Dow Jones)--The government's...
EU fiddling while Europe starts smoking.
With stock exchanges everywhere getting a pummeling today the following notes (both via FT Alphaville) suggest that it may be time to get the tin helmet on and stock up on food. From SocGen : The crisis has stepped up and the inmates have taken over the asylum. The...
Quote of the Day
Last bit of politics for the day (I promise). Spotted at Mr Eugenides place, Ludwig von Mises (links to wiki) on Socialism : The champions of socialism call themselves progressives, but they recommend a system which is characterized by rigid observance of routine and...