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First of all, the Dailymail is a rag, I would never quote anything they purport as bearing any interest or relevancy to the world of finance Second, the article is wrong in reporting that GS got bailed out. It should say got "unwillingly" bailed out. GS never asked for any bailout, it was...

A collapse in tax revenues will send government borrowing soaring above £60 billion this year, it emerged last night. Gordon Brown is preparing to tear up his “golden rule” on debt in order to fund a massive spending spree to counter the looming recession. Some economists predict that...

very interesting.... from the Telegraph Brown’s Keynesianism is bankrupt – and will bankrupt us Almost three months ago, this column described Prime Minister Gordon Brown, and his Chancellor Alistair Darling as “Keynesian”. The last decade of Brownite policy, after all, has...

from the Telegraph... very good article Europe on the brink of currency crisis meltdown The crisis in Hungary recalls the heady days of the UK’s expulsion from the ERM. By Ambrose Evans-Pritchard Last Updated: 10:52AM GMT 26 Oct 2008 The financial crisis spreading like wildfire...

Europe has entered the meltdown phase. The following problems are surfacing: - lack of intelligent leadership - a whole continent turning to socialism at a time when the benefits of capitalism should be promoted. M. Sarkozy is playing a dangerous game. The last thing you want is socialism...

Ladies and Gentlemen, I'm sorry to announce that the UK is going to the dogs. After leaving more than 14 years in London, the place has turn into hell. People are now afflicted of social jealousy, crime is on the rise, the mood is awful, foreigners are not welcome anymore and taxation is...