Behold, Politics
"Politics is the art of looking for trouble, nding it everywhere, diagnosing it incorrectly and applying the wrong remedies."
–
Groucho Marx
"A week is a long time in politics."
–
Harold Wilson
"The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them."
–
Karl Marx
"Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience."
–
C.S. Lewis
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THINGS THAT MAKE YOU GO
Hmmm...
A walk around the fringes of nance
By Grant Williams
27 January 2014
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THINGS THAT MAKE YOU GO
Hmmm...
27 January 2014
Contents
Breaking Out Is Hard ..................................................................................23The BaFin Enquiry into Deutsche Bank .............................................................25Here's to Payday .......................................................................................26Most Germans Don't Buy Their Homes, They Rent. Here's Why .................................27HSBC Imposes Restrictions on Large Cash Withdrawals ..........................................28Gold Mint Runs Overtime in Race to Meet World Coin Demand ................................30The Farce of the EU Travelling Circus ..............................................................31Learn from BuBa and Demand Delivery for True Price of Gold .................................33The Bull in the Euro Zone's China Shop ............................................................34
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THINGS THAT MAKE YOU GO
Hmmm...
27 January 2014
Things That Make You Go
Hmmm...
Gibraltar is a British Overseas Territory.It has an area of 2.6 square miles and juts from the southern tip of the Iberian Peninsula, overlooking the entrance to the Mediterranean Sea. Roughly 30,000 people live in the territory, whose sole distinguishing feature is the very large rock which runs along the eastern edge of the territory and culminates in a dramatic promontory in the northeastern corner.That's it there, on the right ... see? Gibraltar was captured by an Anglo-Dutch force in 1704 during the War of the Spanish Succession, in which European countries fought each other over who had the right to succeed King Charles II as ruler of Spain.Charles (or Carlos) had died without heirs, bringing
to its nal extinction the mighty House of Habsburg,
which had dominated European royalty for three centuries. In his will, Charles had designated his 16-year-old grandnephew Philip, Duke of Anjou, as his successor.Philip was the grandson of the reigning French king, Louis XIV, the famous "Sun King"; and the prospect of an early 18th-century Franco-Spanish alliance at the heart of Europe was unnerving to others, who saw it as potentially destabilizing the delicate balance of power; and so, as Europeans tended to do in the days before they got around to creating the
EU, they opted to ght a war.
This war turned out to be quite the bar brawl, spilling out of Spain and into Germany, the Netherlands, and, somehow, America, as the French and the English fought each other in Florida, New England, Newfoundland (huh?), and Carolina.(Thankfully, the prospect of an Hollande/Rajoy alliance at the heart of today's Europe would provoke nothing more than uncontrollable laughter, so Europe is far safer now; but then it was a different world.)
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