hawkwing_lb: (Bear CM weep for the entire world)
[personal profile] hawkwing_lb
Greece: austerity cannot prevent depression.

Krugman: "ECB suggests that it’s quite likely that the confidence fairy will make everything OK."

Indications suggest holders of Greek bonds will take a 60% cut. Downside: indications suggest that the Right-Thinking People consider Greece a special case - which demonstrates rigid and limited thinking.

Oh, and everyone wants to smack Berlusconi.

Meanwhile, in the UK, a Guardian poll suggests that almost half of British voters would support a withdrawal from the EU, rising fees bring about a 12% drop in university applications, and St. Paul's cathedral claims Occupy! protestors are costing it £20,000/day in lost revenue.

Back home, our presidential frontrunners include a smugly forgettable septegenarian leprechaun, an even smugger Old Boys' Clubber with a shiny bullet for a head, and the smuggest of the lot, a self-aggrandising former terrorist with the face of an alcoholic tomato.

Yah, I no can has respect for really bad election posters.

The candidates. (Unfair to Norris, and over-generous to Davis, but otherwise a decent assessment.)

And "That's a lot of piss": new ways to cut costs.

Oh, and the Irish Times has launched a new section of its website called, "Generation Emigration."

Fun times, my friends. Fun times.

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