nourishing obscurity

You all saw the headlines: Next week, Germany and France will table proposals for far-reaching changes to the EU treaties that will give Brussels powers to enforce ‘fiscal discipline’ over the eurozone’s 17 governments. OK, so in the face of that, what do the Tories do? Conservatives drop challenge to Brussels on work rules. Chris [...]

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Filed under: Politics & economics

Tim Rose 1940-2002

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Filed under: JD, Music

Mangan’s analysis: But a financial shock, which looks increasingly likely, will hit the U.S. hard and would possibly ruin GS and the other banks that have long positions in European sovereign debt. … is good as far as it goes yet it suffers from the same thing that all pundits do – they’re using maybe [...]

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Filed under: Politics & economics

Some years ago a small rural town in Spain twinned with a similar town in Greece. The Mayor of the Greek town visited the Spanish town. When he saw the palatial mansion belonging to the Spanish mayor he wondered how he could afford such a house. The Spaniard said; “You see that bridge over there? [...]

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Filed under: Chuckles, Humour, Politics & economics