Latvia utters famous last words

Stacy Summary:  I guess the blonde parade didn’t work then.  It’s all very sad what is happening to Latvia.  I’m sure someone or some group will pick it all up on the cheap.  If Latvia and their currency crumble . . . watch out for Lithuania and Estonia and Hungary, Ukraine . . . and then?

Update (especially  for Mike2liverpool):

pound-plunge

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Larry Summers’ German problem

Stacy Summary:  Some more interesting headlines I am reading this late morning.  Anybody thinking retirement will no longer be an option for the non-oligarchic class?

Updates:

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FIRE economics: Sovereign debt crisis shakes Latvia, medical bankruptcy crisis rocks ‘insured’ Americans

Stacy Summary:  The neo-liberal FIRE economy devastates citizens around the world.  Finance, insurance and real estate has made bankrupt unfree people of us all – because it is our mythical free-market, not design, that has decided.  And our economies are on fire because of it.  That’s my opinion, what’s yours?

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How many days remain for Gordon Brown?

Stacy Summary:   My bet is by June 8, Brown is toast.  And Alan Johnson will replace him.  Okay, now your predictions . . . how many more days in office for Brown?  And who will replace him?

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Merkel blasts irrational US Fed & cowering Bank of England & ECB

Stacy Summary: Thanks for keeping the headlines rolling today! As with every Wednesday, we were at the studio recording. Hope you like this week’s show with Alex Jones interviewed for second half.

ben-clown

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[1036] The Truth About . . . Bond Vigilantes

Stacy Summary:  The Truth About Markets New Zealand.  RDU 98.5 FM.  We talk about the war between savers and speculators.  And the bond vigilante taking the monetary law into his own hands.

Download here

For more options, visit Archive dot org

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[Video] Max Keiser on EU unemployment numbers – 02 May 2009

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New Labour imploding, gold looking good to some for the first time in 152 years

Stacy Summary:  Implosion in Brown’s party.  While Brown’s bottom looks bigger and bigger every day as more dive into safety of gold.

Updates:

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Marching blondes, a spurned comedian and property booms and busts

Stacy Summary: Losing one’s fifteen minutes of fame seems to be a tough thing this week.  And THE blonde parade happened yesterday (image below).  Any coincidence that the headlines today, however, are that property prices declined in Latvia by more than anywhere else in the world?  An astonishing 30 percent in the first quarter.  Considering that Latvians just took a 15 pc pay cut as part of the IMF bailout conditions, it makes sense.  I wonder how much of that has been lost by British property speculators?   And, how long before Australia’s market is allowed to be free to follow the laws of economic physics?

blondes

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[Video] Inflation Doom Porn

Stacy Summary: Created by @MotherEarth. Check it out!

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On the Edge with Max Keiser – Yeah!! Oh Yeah!

Stacy Summary: A promo cut by a friend.

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‘Green shoots’, ‘bottoms’ and bond vigilantes

Stacy Summary:  These headlines contradict any pronouncements on ‘green shoots’ and ‘bottoms.’  Speaking of bottoms, did you see the Bruno / Eminem clip?  You will have to hunt that down for as soon as it goes up on Youtube, Viacom has it taken down.  Also, I am looking for interesting New Zealand, Australian and/or other Asia Pacific headlines for our show this week.

[Denninger's] Disclosure: Short the American people, who appear to be as dumb as a box of rocks for putting up with this crap.

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