Monthly Archives: August 2010

She walked into the office. I could tell she was surprised to see me. Because that was how her eyebrows were arched, in a fashion that made her seem constantly taken aback, even when she was asleep.

“Are you Glenda from the Knock?” I asked, hiding my own surprise. “What’s it to you Roy?” She replied cheerfully, as she strutted around the room in thigh-high boots, cradling a large amount of money.

How did she know my nickname? Had she talked to the other girls? What else had they told her?

My ruminations were disturbed by the sound of a car horn which beeped in a manner I could only describe as expensive.

“There’s a short, bearded, piratical man going mental in the car park, ” the suave head of news, Andrew O’Hanlon, whom all the girls called Andrew. said.

“That’s my lift,” Glenda exclaimed, kneeing me in the crotch as she did so. At the door she turned around: “Later, bitches.” she said in an ironical way, except to me.

As the Bentley drove off I wondered would life ever be the same again?

Extracted from Keane As Mustard, A Life on the Telly By Lorraine Keane (Muddywater Press)

Look. We’ve beaten the Dutch.

Top Six Most Indebted Nations In The World

1. Ireland – Debt/GDP: 997% the economy reversed course in 2009 and contracted 7%. This eroded tax revenues and sent the annual deficit to a record 14.3% of GDP. The European Union set a target for Ireland to reduce that figure to 3% by 2014, but the International Monetary Fund has indicated that the deadline will be missed. Moody’s has subsequently lowered its bond rating.

2. Netherlands – Debt/GDP: 467%

3. United Kingdom – Debt/GDP: 409%

4. Switzerland – Debt/GDP: 273%

5. Portugal – Debt/GDP: 228%

6. Austria – Debt/GDP: 214

Most Indebted Countries (And Why) (San Francisco Chronicle)

La La La La. I’m not listening:

“Ireland’s Treasury now has to pay investors a premium of nearly 3 percentage points to get investors to buy its 10-year bonds instead of safer Germany’s. This so-called “risk premium” stood at around 2.4 percentage points a week ago.”

“In the derivatives market, it now costs over $270,000 a year to insure $10 million of Ireland’s government debt against the risk of default, compared with $207,000 in early August, a massive 30% jump.”

“The Emerald Isle also had to throw investors a bone: The average interest rate on Ireland’s six-month borrowing today was 2.458% compared with 1.367% on a similar bill in July.”

What’s Up In Ireland? (WSJ.com)