Analysis of the Wider World

Earthquake Season

“May you live in interesting times!” — Old Chinese curse (alas, mythical — though someone surely should have said it!) “Insanity is doing the same thing — over and over again — and expecting a different outcome.” — Attributed to … Continue reading

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The Widening Gyre — and the Sarajevo Blues

“Turning and turning in the widening gyre The falcon cannot hear the falconer; Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world… The best lack all conviction, while the worst Are full of passionate intensity” … Continue reading

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Ukraine: Truth – the First Casualty

How do wars begin? Wars begin when, first, politicians lie to journalists, then they believe what they read in the press! Karl Kraus, 1912 The bombastic and totally counterproductive Western response to the crisis which followed the nationalist coup d’état … Continue reading

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A Hard Rain (’s a-Gonna Fall)

It has been quite some time since T&B put fingers to keyboard to enlighten, enthral, provoke, irritate…

Posted in Global Macro, Newsletter, The Eternal Russia | 3 Comments

Cypriot MoU Leak – an EU Acid Trip

The latest leaked Cypriot MoU fresh from the EU – on ‘Specific Economic Policy Conditionality’ – features a 4% primary budget surplus by 2017. A German hallucination!

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