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Spain with a $1 bailout...
Will Spain ask for a $1 bailout help from EU rescue funds. No, may be it will ask for more - may be 1 Euro ($1,30) as this is the Euro area currency...
Are you joking, Dobri...?
No, exactly no...
Greece: It is not crazy the one that eats the cake... Crazy is the one that gives it to him...
There is no more profitable business today than to be a Greek. Sounds surprising? But I have a familiar that says that every profit divided by zero gives an infinite efficiency as a result. So if you are a Greek and you receive 1 Euro financial aid from someone, then you have an infinite return because you have done nothing for this 1 Euro. And Greece receives not 1 Euro but hundreds of billions of Euros as financial aid. For doing nothing... So isn't it the most profitable business in the world just to be a Greek :))) ?
Read more...The Jack Welch notorious "conspiracy"
Is Jack Welch right in his conspiracy theory of Obama manipulating labor statistics to win the election? Obviously yes. But not because something new and surprising has happened now. He is right because the official statistics has always been a political tool and has always been used for propaganda. It is not only Obama being helped by a beautiful statistics before elections. All governments in democratic world are doing this. And even if in White House was a Republican, he would do the same.
Read more...2400 millionaires with social payments
According to a congressional repost, about 2400 millionaires have received some type of social payments - mostly unemployment benefits. As expected the lawmakers are angry and are trying to pass amendments to stop this funny practice. But it is just the tip of the iceberg. The so called "welfare state" is the real part of the iceberg. The welfare state is a social absurd that is hopelessly and non-recoverably doomed to be robbed. That is just a system that invites the robbers.
Read more...Funny: Oil going cheaper in a money-print vortex
In last few weeks we see a market paradox - central banks officially are printing money, Gold and food react as expected - by going up, and at the same time Oil is going down. How this is possible? The markets are over flooded with dollars, yens, Euros, pounds, Swiss francs and much other less popular currencies in an effort of everyone to devalue its one and win positions in currency war. And at the same time currencies are becoming more expensive compared to so fundamental resource like Oil.
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