Essentially, the ECB is so fucked up that it might just work.
Entries from June 2010
Most amusing
June 3rd, 2010 · No Comments
Tags: Finance
Yes, Greece will default
June 3rd, 2010 · 3 Comments
At least, that’s the view of experts in such matters. I spent most of this afternoon attending a fascinating discussion looking at Greece from the perspective of emerging-market veterans who are used to sovereign debt default and restructurings. There was quite a lot of consensus on the panel, and not in a good way: everybody [...]
Tags: Finance
Tee hee
June 3rd, 2010 · No Comments
Here’s one in the eye for a certain sort of climate campaigner. Professor Paul Kench, of Auckland University, who co-authored the study with Dr Arthur Webb, a Fiji-based expert on coastal processes, said the study challenged the view that the islands were sinking as a result of global warming. “Eighty per cent of the islands [...]
Tags: climate change
On NHS psychiatric policies
June 3rd, 2010 · 11 Comments
Bird is then believed to have sought medical help at a local hospital for his fragile mental state, only to be turned away. Oh Aye?
Tags: Your Tax Money At Work
And the lamb shall lie down with the lion and cats and dogs shall date
June 2nd, 2010 · 2 Comments
And other surprising things. I actually agree with Alex here. I knew Andrew Wakefield was full of shit. You really do want to read what he was proposing. The sort of Woo that not even Mad Mel would swallow.
Tags: Idiotarians
Fascinating stuff
June 2nd, 2010 · No Comments
Tags: Finance
A small note on globalisation
June 2nd, 2010 · 8 Comments
So the septics have fired off a hypersonic scramjet. Arcing through the hazy air above California, this is the incredible sight of a scramjet as it flies at six times the speed of sound. The experimental aircraft set a record for hypersonic flight, blazing through the air for more than three minutes at Mach 6, [...]
Tags: Metals
To misquote Sir James Goldsmith
June 1st, 2010 · 3 Comments
Former Vice President Al Gore and his wife, Tipper, are separating after 40 years of marriage… When a man becomes a billionaire he creates a job opportunity for a younger woman.
Tags: Sex
Stairway to Gilligan’s Island
June 1st, 2010 · No Comments
Tags: Music
David Laws and Old Enoch
June 1st, 2010 · 1 Comment
Would it be fair to say that this is the first time a political career has started in failure?
Tags: Politics
Ken Dodd joke
June 1st, 2010 · 1 Comment
….ladies, you mustn’t force yourself on your husband…..mustn’t force yourself. Doesn’t give him time to think of anybody.
Tags: Trivia
Polly on David Laws
June 1st, 2010 · 10 Comments
How odd that his relished life goal was to cast people out of work. An extremely fine goal actually, the source of all economic and social advance. Anybody, everybody, who automates a routine task, whether it be weeding turnips, catching mice or etching circuit boards is deliberately casting people out of work. And it is [...]
Tags: Economics
Since you ask, no, he’s not called Bob
June 1st, 2010 · No Comments
A Frenchman with no arms and legs is preparing to swim the English Channel. Phillippe actually.
Tags: Johnny Foreigner
Quelle surprise
June 1st, 2010 · 3 Comments
Admiral Mike Mullen, the chairman of the Joint Chiefs of Staff, said they had no more tactics left in their arsenal following BP’s latest failure to plug the leak. “And the fact is the best technology in the world, with respect to that, exists in the oil industry.” Responding to calls for the armed forces [...]
Tags: Business
Britons never never never
June 1st, 2010 · 4 Comments
Shall be slaves to ‘elfn’safety: Runners and spectators met at Cooper’s Hill near Brockworth, Gloucs, to carry on the 200-year-old tradition in which competitors chase a 7lb wheel of Double Gloucester down a 200-yard incline. Fans held an unofficial contest and hundreds ignored warnings to attend this year’s event. Police said there would be no [...]
Tags: The English
Apparently Dominic Lawson reads The Register
June 1st, 2010 · 3 Comments
From his Independent column today: I can understand why the Prime Minister should tell an audience of Yorkshire industrialists that they are the unjustly neglected sector of British industry – it won him a grand ovation. But there is a danger that in so doing, he is perpetuating a form of conventional wisdom that borders [...]
Tags: Timmy Elsewhere