Links for Today

China’s holdings of US debt jump 30 percent. Not really news. Just something that we would already know if Brad Setser was still blogging. Also falsifies all those stories about China unloading US debt.

Fernando Alonso has criticised his government’s decision to lower the national speed limit to 68mph, warning that it will be “difficult to stay awake” at that speed. A silly story, but we sympathize. Of course, we have trouble staying awake at any speed so what do we know?

Links for Today

Posted on February 27, 2011 by The Editor

Interesting quotes in this article…

“It is not even take it or leave it. It’s done. Ireland’s only role in this now is to implement the programme agreed with the EU, IMF and European Central Bank. Irish voters are not a party in this process, whatever they have been told,” said the diplomat.

vs…

“We have a hostage, it is called the euro,” he said. “The euro is insolvent. The only question is whether Ireland should be sacrificed to keep the Ponzi scheme going. We have to have a Plan B to the misnamed bailout, which is to go back to the Irish Punt.”

My money is on the later quote. Just how is the EU going to stop the Irish voters from changing the agreement. Invade Ireland?

“I Won’t Pay” movement grips debt-ridden Greece Did someone try to tell the people of Greece that they had no say? If not, they might want to start soon before all the agreements there fall apart as well.

Fears for UK infrastructure as copper thefts reach all-time high

How to write and how not to.