Green Shoots & Leaves

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In order to diversify its portfolio, Russia is preparing to invest in Canadian dollars.

Hotel owners, like home owners, behind on payments. Occupancy down 10%. Good times.

ABC news reports that five frontbenchers from Australia’s opposition Liberal party have resigned their portfoliosrather than follow their leader Malcolm Turnbull in voting with Kevin Rudd’s Government on a new Emissions Trading Scheme.

Climategate e-mails sweep America, may scuttle Barack Obama’s Cap and Trade laws.

The recession is proving even deeper than feared, Alistair Darling will admit in next month’s Pre-Budget report. The Chancellor will forecast the steepest annual slump since modern records began. Liberalism always ends the same no matter where you are.

Bill Bonner at 321Gold hits the nail on the head with, “Recession is over, welcome to the depression.”

Share prices in the City (Dubai) suffered their biggest fall since March today amid fears that a debt crisis in the millionaires’ playground of Dubai heralded a new phase in the global financial meltdown and a double-dip recession in 2010. Who among us doesn’t want to see Dubai fail, and fail miserably?

One Response to “Green Shoots & Leaves”

  1. Old Guy Says:

    Mayor, even though only 35% of the American Public support the so called “Health Care Reform Bill” our congress is going to pass it into law. Why should a little thing like “The Truth” prevent Cap and Trade from passing?

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