F Dominicus Blog

A politically incorrect blog about matters of money, government, bureaucracy, freedom and sometimes something else.

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von Mises run
well yes there are no good news. There are currently just bad and worse news. Now it's the spanish banks, another 100 billion. I wonder from where that money comes. And you know the answer. It comes from new debts and this debts have to be beard by...
Let's check
how is our race to the bottom doing? Greece is on it's way to yet another default. If my calculations are right (see: http://fdominicus.blogspot.de/2012/05/ist-blodheit-ansteckend.html) then Spain has to get new debt of 33 ยข for every Euro they spend...
"Political" solutions
Now in Germany we're speaking of the "summertime hole". That's saying the politics stops during the holiday season. This time it was world championship season also. And so before going to their not-deserved holiday, they just "solve"...