Posted on 18 June 2012. Tags: Austerity, Barack Obama, Crisis, Debt, Deficit, Euro, Financial Transactions Tax, France, Francois Hollande, Germany, Jobs, Sanity, Socialists
So, it’s not all bad news in the world. Some sanity prevails when real-life economics, not blather about the glories of the "free market", triumphs and one can hope for a bit of truthiness to spread. First, the good news: President François Hollande’s Socialists and their allies won an absolute majority in runoff […]
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Posted in General Interest
Posted on 10 November 2011. Tags: Bonds, Euro, Italy, Silvio Berlusconi
If you needed anymore evidence that the bond market is more powerful than any moral or ethical canon, just check out the fortunes of Silvio Berlusconi. He skates charges of corruption and bribery of judges dating back to 1994, dodges charges (so far) that he slept with underaged women (his wife called him "the […]
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Posted in General Interest