Friday, 12 July 2013

Inside Ben Bernanke’s Doomsday Device

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Where things stood at the close of last week: Dow down 105, gold up $9 an ounce.
Nothing worthy of comment, in other words.

Those who think the world is warming up should visit Edinburgh. It is a city made of stone. Yellow stone. Brown stone. Almost-black stone. Almost every building is built of stone. And the entire city sits on a rock…

The lithically minded visitor is delighted. He can admire stones all he wants.

But the global warming enthusiast would have been disappointed with this past weekend. Even the stones shivered. In mid-June, the days are as long as arctic nights… and just as cold.

Yes, the chilly wind whipped down the Royal Mile and kept going for many miles more. The rain came down at an angle. Tourists bent into it trying to keep themselves moving ahead. Wrapped in sweaters, scarves, hats, and coats, they crowded into the castles and the tea shops.

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