tag:blogger.com,1999:blog-6214838.post1666884822780978710..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: The Daley Dozen: TuesdayIain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6214838.post-87869682753214910252010-05-19T06:59:41.093+01:002010-05-19T06:59:41.093+01:00Thanks Merkel the Euro is down to 117 (from 1.23) ...Thanks Merkel the Euro is down to 117 (from 1.23) yesterday. <br /><br />Holy Cow<br /><br />or in Merkels case ... Stupid cow. <br /><br />She has effectively devalued the beloved Deutche Mark like Labour did in the 70s. I think the Germans will wake up to this and want her out. <br /><br />Clearly politicians do not understand banking. There is a fundemental mismatch between politicians who want to borrow from money lenders and then tell money lenders what they think their credit worthyness should be. <br /><br />Is this the death of the left-wing?<br /><br />Osbornes leisurely spending review suddenly looks like it's going to need to be brought forwards. I don't think the markets have the patience to wait until the autumn George.javelinhttps://www.blogger.com/profile/04685858339910528013noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-81363831652368790682010-05-18T23:21:23.358+01:002010-05-18T23:21:23.358+01:00Comment #8, amused me since I'd just looked at...Comment #8, amused me since I'd just looked at a curious artice & photo in the Scotaman website. One of their readers thinks the reconstruction of the 700 year old Englishman is curiously like Ed. I think he's got a point:<br /><br />http://thescotsman.scotsman.com/scotland/He-may-look-like-a.6300539.jp<br /><br />I suppose that sort of head injury might explain the blinking as well...Unknownhttps://www.blogger.com/profile/13146186280789032832noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-44214066076059928942010-05-18T23:17:43.734+01:002010-05-18T23:17:43.734+01:00Germans ban short selling on bonds from midnight. ...Germans ban short selling on bonds from midnight. <br /><br />Liquidity and demand will fall. Who wants hold an asset you can't hedge?<br /><br />Tomorrow may prove very volatiile. A lot of people care worried that there is some very bad informationh due out that will drive down gilt prices. <br /><br />Basically the German Government is banning criticism. Zieg heil.javelinhttps://www.blogger.com/profile/04685858339910528013noreply@blogger.com