Saturday, April 13, 2013

Troika Wants More from Cyprus

Just getting around this morning to reading Yves Smith's post about Cyprus from yesterday, "Troika Demands Another €6 Billion from Cyprus, Making “Rescue” Bigger Than GDP." It's definitely worth checking out, particularly the assessment of the European Commission's economic forecast for Cyprus. As Smith comments, "So get this, sports fans: not only did the Eurocrats underestimate how badly their little program would hurt the economy, they are continuing to underestimate how brutal it will be."

This morning I can't get enough of Bert Jansch (1965), the self-titled debut album from the Scottish folk guitarist. This is second-to-last track, "Dreams of Love":

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