IMF sovereign debt tools – William Banzai at his best

by | Jun 23, 2011 | Uncategorized | 2 comments

If you are not familiar with the works of William Banzai, ZeroHedge contributor, then the following is a great example of his style and humour (from this article which also includes a great primer on Greek negotiating styles and techniques) :

The austerity truss as deployed by Osborne looks particularly painful and whilst I am not quite sure which bit of anatomy it is applied to I certainly would not want to find out!

2 Comments

    • Wasp

      Bill – yes that looks about right – not a particularly pleasant instrument from the description either.

      Thank you for the link as well – a most enlightening collection of devices of restraint and persuasion!