The Sunday Telegraph has reported that Britain’s Foreign Office is advising the majority of its overseas embassies to draw up plans to help expats should the collapse of the Euro turn explosive, a senior minister has revealed that Britain is now planning on the basis that a euro collapse is matter of time. British embassies […]
Evacuate The Dance Floor Read More »
According to the tenets of Vodou, a dead person can be revived by a bokor, or sorcerer. Zombies remain under the control of the bokor since they have no will of their own. “Zombi” is also another name of the Vodou snake lwa Damballah Wedo, of Niger–Congo origin; it is akin to the Kikongo word
A Dead Person Can Be Revived By A Bokor, Or Sorcerer Read More »
A small-town Greek mayor visits the home of his friend who is also the mayor of a ‘twinned’ small rural Italian town. The Greek mayor is blown away by the amount of luxury on display: swimming pool, three cars, impressive villa with 10 bedrooms and 7 bathrooms. Greek mayor: “My dear friend, who paid for
The End Of The Road Read More »
“Even if I knew that tomorrow the world would go to pieces, I would still plant my apple tree.” – Martin Luther, German scholar. Germany was THE news on Wednesday, so much so that those commentators searching for the dislocating ‘Lehman moment’ wondered if we’d finally experienced it. The fact that Germany’s latest bond auction
Six degrees of separation refers to the idea that everyone is approximately six steps away, by way of introduction, from any other person on Earth. A chain of, “a friend of a friend” statements can be made, on average, to connect any two people in six steps or fewer. It was originally set out by
Six Degrees Of Separation Now Shrunk To Three Or Four, But For Bank Contagion It's One Read More »
I was determined to get another opportunity to use the “Dexia line”, thank you Mr Market. Two issues caught the eye overnight, firstly that the Dexia rescue has failed and secondly that a quiet bank run, for the elite not for us proles, is happening before our very eyes. Dexia’s temporary salvation has failed, France
Dexia And The Midnight Runners Read More »
On Tuesday the UK’s ONS (official national statistics) released the latest budget deficit figures and the current coalition greeted the new figures with the kind of relish last witnessed when the UK Chancellor received hearty pats on the back from his front benchers in Parliament for announcing the reduction of the civil service by 25%,
Shhh..I’m a Deficit Denier Read More »
At an early stage in their development FX traders will confront an important issue; whether to trend trade or range trade? Trend or range trading are two distinct methods requiring opposite mindsets and money-management techniques. The FX market accommodates both styles, providing trend and range traders with opportunities for profit. Tom Basso, in the book
Are You At Home On The Range Or Swinging With The Trend? Read More »
There’s been many theories and solutions offered up as to the escape route for the current insoluble financial malaise, those of us with memories that extend beyond the previous year’s X-Factor winner will have noticed the subject of Iran creeping back into the MSM’s (main stream media) agenda lately and how the drumbeat started in
“Failure among the super committee to reach an agreement could send the S&P 500 down 9.5 percent from last week’s closing level to 1,100, The failure would reflect poorly on Congress. It would showcase as was the case in August the inability of elected officials to act in the long-term best interest of all Americans.”
The Super Committee Isn’t Too Super Is It? Read More »
