Sunday, April 17, 2011

Hungry, indebted and inflating


Debt © fintag

News comments:
Food, debt, inflation, unemployment, war, radiation.

Robert Zoellick is a man you wouldn't let your children near. He would scare the living daylights out of them. As president of the World Bank he has lots of statistics at his disposal and it is giving him nightmares and last week he freaked the rest of us out. (bbc). There are a number of reasons why we need to hide under our duvets;

Food - prices going mad
Food price hikes will cure obesity says China(xinhuanet)

Debt - debt to pay off debt madness
Europe to print more money (wsj)

The great American put option (marketskeptics)

Inflation - printing money = price madness
China stops its banks from lending money (bloomberg)

USA hasn't got a clue policy (cnbc)

China panics as it faces up to capitalist economics (cityam)

Unemployment - greedy old people have ruined it for the young
Graduates scramble for US jobs (huffpost)

War - the never ending middle east story
Libya to avoid full scale invasion (for now) (telegraph)

Radiation - Japan pretends it will be over by Christmas
Tepco says it was all overblown (guardian)

Today's shorts:
How to Money Launder USD300m. Apparently. (telegraph)

Today's longs:
Euro endures beating (bloomberg)

World Bank to seek banking license.


Anonymous said...

255 born every minute