recession

Quote of the week

From the redoubtable John Ward, describing Ben Bernanke’s speech suicide note…. If there is one thing that concerns me more than a bearded rabbit in the headlights, it’s adult male and female professionals taking this crap seriously. Bernanke’s speech today represented a lengthy overture of sightless denial followed by a cacophony of contradictory ideas – […]

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The Euro, currency of choice for drug gangs everywhere

According to today’s WSJ, EU federalists have found an interesting ally in the struggle to keep the Euro above the waterline. “Why?” I hear you ask. Well, there’s stuff about seigniorage and other technical guff, but here’s the kicker…. ….$1 million in $100 bills weighs 22 pounds; in hypothetical $500 bills, it would weigh just […]

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For Cleveland, Ohio, read Hackney, Maryhill….

….Birmingham Ladywood, Peckham, Shoreditch, Manchester Central, Liverpool Riverside…. How do we save our most depressed inner city regions? By encouraging inward private sector investment and making it easier for companies to function, giving schools and teachers the flexibility to make their own decisions, and improving services and civic pride by introducing commercial rigour into moribund, […]

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A future fair? Don’t you mean bazaar?

Serious props to Man Widdicombe for this ingenious anagramisation of Labour’s general election campaign slogan….

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The recession will end tomorrow

History will remember today as a day of days. Mark it in your diary. It will enter into our iconography. I have returned to work. There will be a ripple, that will become a palpable surge in GDP, that will metamorphose into a raging torrent of energy and industry today as I fire up Powerpoint […]

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