Dear reader,
yesterday evening an article writtten by Jeremy Warner came to the authors attention, which immediately prompted some remarks concerning a misconception of the task(s) of the German state owned KfW bank. But not only some important information on the German banking model was left out in order to write a peppered article against the plans of Vince Cable but also the provocative headline is worth to get some remarks. Not only because neither Vince Cable as a politician nor any British citizen, bank or whatever entity can be compared to a BUTCHER like 'Pol Pot' who slaughtered at least some 1 1/2 million of his people.
'Pol Pot' being an ultra-communist who struggled to enforce some stone age-communism on his country.
In general the author here likes both The Telegraph newspaper and the author of the questionable article because of their critical vision on the eurozone, the Euro currency etc without a vision of political correctness. But when there are comparisons to mass murders of history used to make a certain point instead of using the pure facts it is worth to get a comment.
Britain can do without a Pol Pot of banking (Telegraph)
Cable: Government lacks 'compelling vision' (BBC)
Taxpayers' loss in RBS and Lloyds bank stakes stands at £40bn (Guardian)
KfW Bankengruppe (Wiki, ger)
In order to split facts from fiction (opinion of the author) the entries with some potential of resulting in agreement/disagreement will be posted here. The main website will continue to offer links to articles/info and perhaps a short description of the subject. EZR news channel (mainly macro economic news concerning the eurozone) on Twitter: @andrs_mr
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