Wednesday, November 16, 2011

Thunderdome

Tomorrow should be interesting. OWS is planning anti-social mayhem although the most extreme terrorist was taken into custody. Another OWS protester took a shot at the white house and was taken into custody today. But Buckwheat Obama still loves his ringworm and scabby infested Maoists. He must have plans for them next November.

Europe is sliding ever so slowly into economic disaster. Willem Buiter had some scary shit to say today. The DOW fell back below 12k again today on panicky comments from pundits. Oil prices are absurd. $110 bbl in 2012 and $118bbl in 2013. Based upon what? Global growth? Perhaps it is to be the new reserve currency in the Thunderdome.

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