Economics + Snark

One of the developments I like the most about the internet is the advent of blogs that combine accurate reporting of the news with snarky humourous asides. There's a whole lot of economic news that I'm interested in finding out, but wading through the WSJ or Financial Times is like dosing up on Ambien. After being awake for 24 hours straight. Before sitting down to a slide show of your Aunt's latest vacation to Acapulco.

Thankfully Zero Hedge manages to make it far more entertaining to find out about the world of finance:

http://www.zerohedge.com/article/111610-midevening-report-suck-irish

I'd give you the breakdown of the news about Ireland joining Greece in circling an increasingly crowded drain, but it's more fun to give you some of the best metaphors of the article:

"The biggest news of the day though was that Ireland is in talks with everyone from the EU to the IMF to NAMBLA to try to reach a deal to help them meet their spiraling budget deficit.

If a bailout can't be reached, Ireland may have to resort to selling some natural treasures such as the Blarney Stone, Michael Flatley's shaved chest hair, and Katherine Jenkins, in order to raise funds.

Citing the EU having to increase Greece's budget deficit three times already from "likely insolvent" to "Stephen Baldwin insolvent," Austrian finance minister Josef Proell..."

And I haven't even mined even half of the comic gold in there. Dig on!