Ireland to go pop © fintag
News comments:Time to get serious.
Ireland is bust (businessweek). It has nothing but worthless real estate plays on its balance sheet and because its a low tax zone, its income is low. Given France and Germany want bond holders to suffer, the yields on all euro debt will rise if Ireland is bailed out. Which is a real possibility. Upshot? Rising Euro interest rates. More people on the streets.
With Sweden telling the USA (globaltimes) off for its QE Coke Fest (remember it tried and failed the same thing in the 1990s (ekonomifakta)) the US and UK are looking like IED ready to explode.
You think a few students smashing somes windows is bad. You ain't seen nothing yet.
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3 comments:
Finbar, why must you be so pessimistic? I for one do not think a few students smashing windows is bad. "Few" meaning about 5 so to say 'you ain't seen nothing yet' - I'll sit back and watch the Beeb sanitize the events or BskyB shout it out as they're on the streets recording it as it happens. Either way its good street theatre. I will be stocking up on food supplies though so I can barricade the doors for the next 2 months.
Nice try but whereever you got that photo it wasn't in Ireland. The police there are called 'Garda' so wouldn't be wearing those jackets. Still, why let a detail like that get in the way of the conventional wisdom eh?
I certainly hope there aren't load of nut jobs really skilled a making bombs just sitting about doing nothing :-S
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