Month August 2011

Tottenham calling

I’m out the door now but wanted to get this possted, both from Lenin’s Tomb. More later Tottenham is ablaze. Not for the first time in its history. Not for the first time over police violence and killing either. But…

Views on S&P downgrade

Zero Hedge on PIMCO’s view of the S&P downgrade, which is that other downgrades of countries are coming soon. Absolutely spot on point that FrAAAnce is about to become FrAAnce, which also means that Germany’s worst nightmare: that of backstopping…

Germany refusing to bail out Italy

Zero Hedge It just went from bad to far, far worse as Germany says Italy is too big for European Financial Stability Facility to save, refuses to carry euro bailout burden This could be huge. At the very least, this…