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Tim Worstall

Tim Worstall - Author Archive

Dear God the Tories Can Be Stupid Sometimes: Cameron Wants A UK Fannie Mae And Freddie Mac

THE latest brainfart from David Cameroan and Number 10: the government’s housing strategy, to be launched on Monday, will also include:
• A new scheme, running to hundreds of millions … (read more)

Posted: 21st, November 2011 | In: Money | Comment

How the New Europe Really Works: Germany Calling The Shots

THIS is just a lovely little story telling us all how the New Europe, the much improved and extra special wonderful Europe, really works.
THE GOVERNMENT has complained to the European … (read more)

Posted: 18th, November 2011 | In: Key Posts, Money | Comments (4)

Yes, It’s Getting Worse! How The National Debt Works To Make France Go Bust In 10 Years

THIS eurozone thing again: yup, it’s just getting worser and worser.
Spain and France faced sharply higher borrowing costs on Thursday, struggling with bond auctions that highlighted the threat of larger … (read more)

Posted: 17th, November 2011 | In: Money | Comment

Just So You Know, Yes, The BMA Are Damned Liars: Smoking In Your Car Is Fine

AS Dizraeli pointed out there’s lies, damned lies and statistics. However, it is in fact possible to people to come out of the other side of statistics and start shouting … (read more)

Posted: 16th, November 2011 | In: Key Posts, Money | Comment

What’s Really Wrong In The Eurozone: The ECB-Triggered Depression Looms

HOW we got here is something that we can all argue over. Workshy Greeks, idiot politicians, bankers’ greed, whatever, knock yourself out with your favourite explanation. However, where we are … (read more)

Posted: 15th, November 2011 | In: Money | Comment (1)

Sign This Treaty or the Treaty Gets It: Merkel Makes Demands

I’M not really all that sure that our EuroMasters have quite got this idea of blackmail quite right yet:
Angela Merkel, the German Chancellor, has warned Mr Cameron that unless … (read more)

Posted: 15th, November 2011 | In: Money | Comment

Pension Funds To The Rescue! Raiding Private Capital To Build Public Assets

PENSION funds to the rescue! This is being greeted with glee over in leftyland:
Ministers are finalising a radical plan to boost investment in UK infrastructure and stimulate the economy, … (read more)

Posted: 14th, November 2011 | In: Key Posts, Money | Comment (1)

Why The Eurozone Is Screwed: Blame The European Central Bank

EVER wonder why the European economy is screwed?

No, it’s not just the euro itself, not just the insane idea that 17 different nations could all share the same currency and … (read more)

Posted: 11th, November 2011 | In: Money | Comment

Scotland Can’t Afford Independence: Windmills Will Bankrupt It

SCOTLAND can’t afford independence. This is a fun little set of numbers:
David Cameron has endorsed an expert report that warned Alex Salmond’s plan for a renewable energy revolution would increase … (read more)

Posted: 9th, November 2011 | In: Money | Comments (6)

Some Good Sense On The Robin Hood Tax

THIS, it’s absolutely correct in every single particular:
The Commission itself points out that a European financial transaction tax would have a serious impact on European growth. … (read more)

Posted: 8th, November 2011 | In: Money | Comment (1)

Yes, Europe’s Going Bust!

YES, Europe’s Going Bust! I think we all pretty much knew this was happening, there have been enough stories about it just recently. But it does really rather look like Europe … (read more)

Posted: 7th, November 2011 | In: Money | Comments (3)

Finding Complete Bollocks In The Guardian: Banking Balls

NO, no, I know, it’s not a total surprise is it, finding something in The Guardian which is simply complete, total and utter bollocks. And yes, it’s in the comments … (read more)

Posted: 4th, November 2011 | In: Money | Comments (5)

The Robin Hood Tax Will Give London The Entire EU Financial Market

THIS has to be the best paragraph in any of the newspapers today. The Guardian reports:
Treasury sources said Britain would hit the 0.7% target without an FTT, adding that … (read more)

Posted: 3rd, November 2011 | In: Money | Comment (1)

So Is It Going To Be France Next To Go Bust After Greece?

SO. Is France alls et to follow Greece? Well, no, obviously it’s not going to be France going bust next: we’ve Spain Italy and Portugal to get through first. But … (read more)

Posted: 2nd, November 2011 | In: Money | Comment

Maybe We Finally Get to Jail A Banker: The MF Global Dream

ARE we about to finally jail a banker? That would be nice, wouldn’t it? finally being able to sling into prison a banker or two?

And it really could happen too. … (read more)

Posted: 1st, November 2011 | In: Money | Comment (1)

How To Really Make Money on the Stock Market: The Misinformation Edge

IT’S very difficult to make money on the stock market: most fund managers don’t even manage to bet the general rise (or fall) in the main markets themselves. And if … (read more)

Posted: 31st, October 2011 | In: Money | Comment

Gaia Will be Angry With Us: Solar Power Subsidy Cut

GAIA will be angry with us. But we should still welcome this as good news.
Under current plans, the level of the feed-in tariff is likely to more than halve, … (read more)

Posted: 28th, October 2011 | In: Money | Comment

Don’t Fear The Greek Default: It’s A False Alarm

TO a large extent all this alarm about what’s going to happen when Greece defaults is just that: alarm. Alarm with no real basis in anything that’s really likely to … (read more)

Posted: 27th, October 2011 | In: Money | Comment (1)

If The Euro Fails, Europe Fails: Hurrah!

ANGELA Merkel tells us that if the euro fails then Europe fails: to which the correct response is Hurrah!
Germany’s chancellor Angela Merkel today warned that the failure of the … (read more)

Posted: 26th, October 2011 | In: Key Posts, Money | Comment

When Governments Lie: Following The Argentina Model

GOVERNMENTS lie all the time of course for you know that a politician is lying when you see his lips move. However, there are lies and lies: we all know … (read more)

Posted: 24th, October 2011 | In: Money | Comment

European Union To Ban Free Speech

THE European Union has banned free speech. That’s the implication of this little nugget of news:
BRUSSELS—The European Commission is leaning toward proposing a ban on the issuing of sovereign … (read more)

Posted: 21st, October 2011 | In: Money | Comment

More Banking Regulation Will Lead To Bigger Banks

MORE banking regulation will lead to bigger banks. There’s a certain, umm, tension, shall we say, between the various things that people are calling for over the banks.

On the one … (read more)

Posted: 20th, October 2011 | In: Money | Comment

Faster Than Light Neutrinos Are Not Actually Faster Than Light

LOTS of scientists getting very excited a few weeks back as CERN announced that it had found some faster than light neutrinos. Something which all that Einstein stuff had said … (read more)

Posted: 19th, October 2011 | In: Technology | Comments (4)

Saving the Euro Could Bankrupt France

THIS saving the euro thing is decidedly difficult you know. The latest news is that if France does what might be necessary to save it, then France itself might go … (read more)

Posted: 18th, October 2011 | In: Money | Comment

Small Frakking Earthquake in Blackpool: Nobody Hurt Looking For Shale Gas

WE’VE a report out today about those two earthquakes that happened in Lancashire a few months back. Seems they really could be linked with that drilling for shale gas around … (read more)

Posted: 17th, October 2011 | In: Money | Comment

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