Jonah’s Tranquil Vision

In the wake of the carnage he wrought by opening the NYSE on Tuesday, Gordon has been speaking out about the state of the economy. Yesterday morning Reuters reported:

“Europe is enjoying a moment of calm due to the European Central Bank’s plan to buy debt of euro zone countries, but the region will struggle to solve more fundamental problems, former British Prime Minister Gordon Brown said on Tuesday.”You’re in the new tranquillity period,” Brown said.”

By yesterday afternoon there were riots on the streets of Athens and Madrid, Spanish bond yields started to soar again.

Fears of Spanish bailout wiped £23 billion off British markets as the FTSE plunged 91.62 points.

The Prime Mentalist did always have problems with the concept of tranquillity…



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GuidoFawkes Quote of the Day

Andy Burnham finally repents on the deficit…

“If we are to win back trust we have to start by admitting that we should not have been running a significant deficit in the years before the crash.”

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