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News comments:
So here is proof the UK is no longer a fit for purpose country. Having left on the nerd boat to Zug, it is amusing watching this once great country fall apart. Voted the worst place to live in Europe, children are now having tax credits ripped away and hence denied those necessary xbox games. But not to worry for the winter of discontent has started early. And the rain too. Hum bug ...

Basel 3. Yep, Switzerland has gone above and beyond (bloomberg) but alas as much as Ireland would like to join in, it looks pretty fcuked from here (telegraph).

So there I was listening to Extreme Noise Terror over the weekend and alarm bells started to ring. We are all doomed, and yet I still believe we are on about to ride the largest credit boom ever (thanks to the Chinese - I see they are buying out Greece now (euobserver)...), according to the UN (telegraph). So my alarm bells can be silenced.