Who makes this stuff up? To defend against the wolfpack, EU FinMins agreed to a EU750B ‘package’ ; which consists of the following: 1. EU60B in actual money from EU commish 2. EU440B in bazooka money (i.e. not real money yet, just threat of real money, which is richly ironic, because these clowns are looking to ...

If there’s anything anyone’s learnt from the debacle over the last couple of years, is this: banks who want to avoid taking a loss on any of their loans can always transfer the risk to taxpayers, knowing very well that taxpayers will NEVER get back any of their money, while they, the banks, can walk ...

Just in case I wasn’t clear in my posting earlier on the grand New World Order projects that governments are capable of when given a strong mandate, here is a typical shining example. A war-crimes trial of a captured 15-year old Afghani boy soldier tells of how he was routinely trussed up in cage, despite ...

*PROPAGANDA ALERT* We need to WAKE UP from the illusion that the best thing to do is to give governments strong mandates or majorities, and hope that they do ‘what we want them to do’. We are always severely disappointed when any one political party or leader is given a strong mandate. In fact, if ...

Just in case anyone thinks they can cage the T-Rex that is the rampaging Chinese property bubble. Property developers who are crack addicts to the easy money to be made from putting a few bricks together and selling it a ‘luxury penthouse suite’ are looking to bypass the bubble pricking moves set by their honorable ...

Forget Greece. The Spartans are already dead and buried. The worry is now Portugal, which is effectively broke. And next Spain. (Followed thereafter by the Lib Dems! But let’s not get ahead of ourselves.) In fact, Zapatero, like G-Pap and Trichet before him, is again pulling out the verbal bazooka, i.e. “We will certainly combat ...

Abhisit is in a big shitty position (sorry, couldn’t help myself). Eroding support from the army, ambivalent statements from the king, the growing whine from the elites who can’t get their rocks off at Soi Ratchada because of the blockade, and the increasing perception amongst the rural populace that Abhisit masturbates to pictures of poor ...

While much noise (all of it negative, and all of it from the corporates) has been made about the Oz government’s decision to retain some of the profits obtained by businesses that are – not to put too fine a point to it – massively strip mining and raping Mother Nature to fatten the wallets ...

It’s good being a command economy. Like, just a day ago, the Beijing muni government decided to command that families are now limited to one new apartment purchase in addition to what they already own, and if they can’t prove that they paid taxes or contributed to the Beijing government officials’ ‘health’ spa visits, then ...

The crisis is so 2008. In case you unwashed masses haven’t heard, junk bonds are back at par value. Which only goes to show that you sheeple, who have watched the market melt-up with growing disbelief, should never believe your lying eyes. For truth and nothing but the truth, you need to read ST and ...