But it’s a YouTube event nevertheless. The write up and the comments suggest things are bubbling. Undoubtedly the Tea Party of the Left will continue to get special treatment. But cellphones are dramatically changing things in these kinds of events … Continue reading
“There is no plan, and we don’t need one. The banks are very solid. None of them is hiding any toxic assets,” he said.What is the point of uttering such rubbish? The markets know this is untrue, and so does … Continue reading
Ululai by Sacassaia
The latest missive from GEAB 2020. The key thesis is that the market turmoil in Europe represents a struggle by the Euroland polity to leash the banks and force them to take losses. These guys seem to think that greater … Continue reading
An interesting idea, but without some serious leashing of the German banks, will the electorate actually go for a bailout and print run? From the blog Notes from the Underground I caution that the rise in the SPD may mean … Continue reading
The juicy info in it is evidence that we’re still a democracy. Clearly a lethally dysfunctional one, however.