Monday, November 28, 2011

Lagarde & Draghi branded "CARRASCO" in Portugal!

Markets rallied in the Far East early today according to this report on the presumed grounds that the IMF is about to step in to save Italy, (would the world have the wherewithal.)

More interestingly for me was an earlier report, also from the Sydney Morning Herald, with a report on Portuguese demonstrations against the vicious cuts imposed by the Euro Group and that country's leadership upon their population. The resolute faces of the women shown, and their banners with the visages of the head of the IMF and ECB, each so fittingly branded Carrasco, which in English I believe is most accurately translated as "Executioner". See it from here.

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