Darth Monti, trying to impress his Keynesian buddies with his latest attempts to ‘Save Italy’!
This week saw the launch of a popular uprising in Sicily, by a group known as the ‘Movimento dei Forconi’ or ‘Pitchfork Movement’. This is not an uprising of self absorbed youth who want more government handouts; but of producers who are being pushed into poverty by government taxes and regulation. The organizers are middle aged and older; this is significant, as most power and wealth is held by this generation and they have now drawn a line in the sand....more
USD/CAD: Is this just the beginning? 1.40 is next?
6 minutes ago