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Gillard Offers Borrowed Money To Bail Out Europe

Ummmm. About our $250 Billion debt ceiling. I wrote only yesterday that we are on track to hit it by mid-2012. Unless something went pear-shaped first. I was right. Something has gone pear-shaped. The...

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And You Thought Barnaby Tells It Like It Is!

The EU is going to the dogs. And with the recent dumping of Greek PM Papandreou for daring to offer the people a choice, the dumping of Italian PM Berlusconi also without elections (sound familiar...

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Bad To The Bone – EU Debt Crisis Reaches The Core

barnabyisright.com 3 weeks ago, on November 3rd ( “Gillard Offers Borrowed Money To Bail Out Europe” ): Let us be perfectly clear, dear reader. Europe is stuffed. Totally and utterly stuffed. As is the...

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There’ll Be No EU Bailouts From China’s Empty Pockets

For weeks … months in fact … there’s been plenty of fevered speculative commentary about China sailing to Europe’s rescue, by using their vast foreign exchange reserves to buy up European sovereign...

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Goldman Sachs Conquers Europe

From the UK’s Independent: Click to enlarge What price the new democracy? Goldman Sachs conquers Europe The ascension of Mario Monti to the Italian prime ministership is remarkable for more reasons...

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Is THIS The “Trend” Growth You Are Banking On, Wayne?

Isn’t it wonderful how inveterate liars and deceivers eventually get caught out? From the Australian: The Treasurer today declared the government was banking on growth remaining at trend to deliver its...

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None Castigate Their Peers So Well As The Well-Bred Englishman

The English language can be a beautiful weapon of truth when wielded by a master. Witness Daniel Hannan, conservative MEP for the South East of England, speaking to the EU Parliament in response to the...

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IMF Gives Goose His Cue To Lay Their Golden Egg

It’s not that Wayne needs much convincing to create more debt. One need only look at the epic, world-beating rise in Australia’s public debt under The Goose, using the GFC as the excuse. Now, just when...

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Boom State Busts

The WA government has revised its 2011-12 budget forecast downwards … by more than 50%: The West Australian government has slashed its projected surplus by more than $200 million because of risks in...

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The Truth About Europe’s Banks … And Ours

From Phoenix Capital Research (via ZeroHedge): Europe is Safe… Just Ask Spanish Depositors… Who Have Lost EVERYTHING Anyone who wants to get an inside look at both the European banking system and the...

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