Saturday 24 January 2009

ONCE-UPON-A-TIME IN THE EAST

yo!...bad day at black rock...innit!



PALOOKAVILLE FINANCIAL
capitulation day
+122...


...in palookaville everybody goes to meet the train...

...so you can understand our dismay when we are met there by four horsemen...

...three of em are wearin long dusters...


...the fourth is roy rogers...


...the american engine has failed to decouple from the eastern train...

...an now it looks like they all goin over the cliff together...

...the stuffed shirts have caused all tomorrows spending to be spent yesterday...

...an now china is full of dollars an we are full of sh*t...


ALL TOMORROWS PARTIES


...roy says that the west is finished and in particular...

...that the pound is sunk, the oil all gone an a banks in debt...


...sell evva british thang ya got boys...fill yo boots wi oil an gold...

...this sukka goin dahn...innit!...


AN IT'S AN EARLY BATH FOR STERLING


...the pound has taken an early bath...

...and everyone is laughing they bollox off...

...but the guys in the dusters is waitin fo the train...

...they have blown the bridge...

...and the great eastern is goin over...


...seems like they chinese was balancin on a wooden cross in a spaghetti eastern...

...dude with the wicked smile was playin a harmonica...

...only it was a double cross...



THE GHOST OF ELECTRICITY

Lights go out across Britain as recession hits home

Electricity demand falls as economy slows at fastest rate since 1980



China Powers Down..."The global recession has meant a big decline in demand for iron and steel. That has meant sharp decreases in electricity demand from China’s metal producers, which have been leading the country’s demand for increased electricity production.For November, the Chinese government expects total power generation to fall by 7 percent compared to November 2007. That drop follows a 4 percent decline in October. This will mark the first time in recent history that China’s power demand has fallen for two consecutive months. Falling power demand mirrors a decline in exports. In November, China’s exports fell by 2.2 percent compared to November 2007. That’s the biggest year-over-year slide in exports since April 1999. Foreign investment is also falling. According to the latest Chinese government statistics, foreign direct investment fell by 36.5 percent in November, when compared to the year-earlier period."


THE DOLLAR YOU GET YOU DESERVE


...in china they know a thing or two about dollars...

...they have all of the real ones in a box under the bed...

...peraps they know a way to enhance their value...

...maybe then sell a few...


IN THE WHITE ROOM...WITH BLACK CURTAINS



...here in palookaville the train is late...

...come to think of it...

...so is the ship...
















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