Stacy Summary: Notice that only Third World nations can apparently produce war criminals. Kind of like how only Joe Bagofdonuts can go bankrupt, while no TBTF banker is ever allowed to.
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Stacy Summary: h/t @Mike/Liverpool. Max did say this would happen, that is, that after announcing the 20% cuts, Cameron would soon be back with deeper cuts. Your thoughts? And do you think a little inducement to patriotic fervour might be coming next as per Dylan Grice’s observation that war just might help a little austerity go down.
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Stacy Summary: These headlines do not suggest a recovery as Geithner claims, nor does it seem the worst is behind us.
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Posted in Headlines
Tagged britain, debt spiral, deflation, gold, japan, marc faber, oecd