2012-11-16

Marc Faber


"I keep in my toilet a picture of Mr. Bernanke. And every time I think about selling my gold,
I look at it and I know better!"



From the link below:

"Our analysis leads us to believe that recovery is sound only if it does come of itself. For any revival which is merely due to artificial stimulus leaves part of the work of the depressions undone and adds, to an undigested remnant of maladjustments, new maladjustments of its own."
oseph Schumpeter

"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt."
John Adams


Marc Faber

Amman Jordan


— Thousands of Jordanians took to the streets on Friday
/
The unrest began late on Tuesday after the government raised prices for cooking and heating gas by 54 percent and some oil derivatives by up to 28 percent. In response, thousands of Jordanians poured into the streets, pelting riot police with stones and torching police cars, government offices and private banks in the largest and most sustained protests to hit the country since the start of the region's uprisings nearly two years ago.
http://www.usatoday.com/story/news/world/2012/11/16/jordan-king-rally/1708985/

 

2012-11-15

No Love für Deutschland

The protests began peacefully enough in Brussels, but the situation deteriorated as eggs were thrown at the Geman embassy in the Belgian capital.
http://www.euronews.com/2012/11/15/demonstrations-turn-to-disorder-in-europe/

In Thessaloniki:


Protesters heckled and threw coffee at Germany's consul to Thessaloniki over civil service layoffs, local officials said on Thursday, forcing riot police to intervene.
The protesters flung water and coffee at consul Wolfgang Hoelscher-Obermaier on the sidelines of a conference on Greek-German trade initiatives, police said.
"Stand united to kick out the Nazis," some of the protesters chanted.
Other members of the German delegation were pelted with eggs by the group that numbered around 300 people, according to police.
Officers moved in to extricate the consul from the crowd, but nobody was injured and no arrests were made, the police said
http://www.france24.com/en/20121115-greek-protesters-throw-coffee-german-consul

Silvio chimes in: "The data after a year of technocratic government is disastrous and so I think there absolutely has to be a change in this economic policy imposed on us by Europe and above all by the hegemony of Germany." Berlusconi told reporters
http://www.reuters.com/article/2012/11/16/us-italy-monti-poll-idUSBRE8AF0YK20121116

2012-11-13

Banned in Germany...for some reason

Five minute video produced by two Portuguese citizens intended for public view in Germany and released to coincide with Merkel's Portugal visit is banned for "political reasons."